During the East Ventures Summit 2022, Budi Gunadi Sadikin, Indonesian Minister of Health, was invited to become our keynote speaker, who presented his few insights on Indonesia's Health & Biotechnology Investment Opportunities.
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced the appointment of Avina Sugiarto as a Partner at the firm.
The funding winter is here. News of layoffs and troubles in startups have been cropping up. In this Q&A series, we talk to Southeast Asia’s investors to suss out what opportunities they see, their thinking, and areas of investment they are looking at in the next few months.
The year 2022 may look rosy at first glance with high hopes of a post-pandemic recovery as most countries are re-opening their borders after disruptions from the COVID-19 pandemic.
Bad news is hitting the startup ecosystem in Indonesia. Recently, the public and the media have picked up on the negative sentiments and suspicious incidents related to local startups, such as layoffs, business closures, and news of funding being sparsely disbursed.
With an over 270 million population, Indonesia remains an emerging medical market, supported by the surge of healthcare awareness demanded by the rising middle-income community. However, the country has faced chronic problems as the pandemic unveils shortcomings and an elevated sense of urgency to develop a more resilient healthcare system and innovations.
East Ventures appoints Koh Wai Kit as Managing Partner, alongside several promotions of members of the EV Team
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, announced the appointment of Koh Wai Kit as its new Managing Partner of East Ventures. In his new role, Koh Wai Kit will be responsible for further building on East Ventures’ leadership position in Indonesia and Southeast Asia region.
In the past years, the Environmental, Social, and Governance (ESG) factors have increasingly become top of mind for companies, investors, and policy-makers globally. Investors and corporations are joining the commitment to assessing non-financial aspects as part of business strategy, operations, reporting, and risk management. Further, many companies prepare a separate sustainability report, in addition to an annual report, and pledge to reach net-zero emission in the foreseeable future.
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has again presented its signature women-centered forum: Women with Impact Forum, as part of the celebration of International Women’s Day on 8 March 2022. This virtual forum discussed “Women as Active Agents for Sustainable Development” with five key speakers from different industries, such as venture capital, tech startups, and social enterprises.
In 2022, Indonesia is entering its golden digital economy era. For the past two years, the digital industry is experiencing rapid growth as a result of the pandemic acceleration. Not only did the internet penetration increase significantly, but society’s awareness to further utilize the digital sector as an economic propeller also escalated.