East Ventures donates 200 mahogany trees for the Jakarta greening program with the President of the Republic of Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, contributed to the "Tree Planting Joint Movement" (in Bahasa: Gerakan Tanam Pohon Bersama) initiated by the Ministry of Environment and Forestry of the Republic of Indonesia together with the President of the Republic of Indonesia.
RI digital economy to grow on slower trajectory amid profitability push
Indonesia is expected to see a deceleration in its digital economy growth in the coming years, in line with other emerging countries in the ASEAN region, as tech companies in the bloc face pressure to shift to profitability after years of focusing on growth.
The future of Indonesian healthcare: Insights from Indonesia’s Minister of Health Budi Gunadi Sadikin and East Ventures’ Willson Cuaca
Indonesia's healthcare sector is on the brink of a significant transformation, and the catalysts were brought to light during a fireside chat at the Tech in Asia Conference 2023 in Jakarta. The discussion, titled 'The Future of Indonesian Healthcare,' featured a candid conversation between Mr. Budi Gunadi Sadikin, Indonesia's Minister of Health, and Willson Cuaca, Co-Founder and Managing Partner at East Ventures.
Harnessing the potential of an integrated ASEAN
Amidst global economic challenges, the ASEAN region stands out as a symbol of strength and adaptability. At the Tech In Asia Conference 2023, Roderick Purwana, Managing Partner at East Ventures shared his insight with Willis Wee, Founder of Tech in Asia, who also moderated the panel titled “Harnessing the potential of an integrated ASEAN.”
Navigating the fintech landscape: Indonesia’s journey and potential
In the past few years, funding to the fintech sector has increased significantly. Between 2021 and 2022 it has increased by 83%, showing investors’ optimism about the opportunities in the sector. Indonesia's fintech sector has undergone dynamic evolution, beginning with innovations in online payments and diversifying into different vertical industries, reaching the untapped markets in tier 2 and tier 3 cities, and addressing the unique financial needs of other startups in the ecosystem. This evolution highlights the adaptability and diverse innovations within Indonesia's fintech landscape.
Building a legacy: East Ventures’ vision and commitment to ASEAN’s flourishing future
Amidst global economic challenges, the ASEAN region stands out as a symbol of strength and adaptability. Holding the title of the world's fifth-largest economy, ASEAN boasts impressive numbers: a combined GDP of US$4 trillion, a population of 650 million, over 70 million small and medium-sized businesses, and a potential to grow its economy by US$200 billion. This remarkable growth is powered by its large population, forward-thinking trade policies, and a stable political environment, leading to a rapid increase in the region's overall wealth.
East Ventures remains bullish with the vision of integrated Southeast Asia amidst the global geopolitical and uncertain market
The global economy remains uncertain due to high inflation globally and geopolitical conditions. This has created challenges for economies in Indonesia and other Southeast Asia countries, particularly for digital startups.
Roderick Purwana: Boosting ASEAN’s resilience, empowering collaborative investments through the ASEAN Business Entity Initiative
The Association of Southeast Asian Nations (ASEAN) has come a long way since its inception, striving to foster economic and cultural cooperation among its diverse member countries. As we continue on this journey, opportunities remain to enhance intra-ASEAN investments further and collaboration between ASEAN countries.