Beyond Southeast Asia: Exploring global opportunity
Over the past decade, Southeast Asia's tech landscape has undergone a significant transformation. From budding startups to global expansion, the region is entering its golden era, backed by solid management, operations, and infrastructure.
EDB appoints East Ventures and other six fund management companies as Global Investor Programme
The Economic Development Board (EDB) of Singapore has appointed seven fund management companies as Global Investor Programme (GIP)-select funds. The seven fund managers offering GIP-select funds were appointed following a Call for Proposal (CFP) exercise conducted from 2-31 March this year.
Achieving equitable digital for the whole Indonesian nation
Indonesia is set to be the strongest digital player in Southeast Asia in the coming years, with a massive demographic potential that continues to march towards the golden era of digital economy, whose value is predicted to reach US$360 billion by 2030.
Digital competitiveness now more equitably spread across Indonesia
FOR all the talk of a global digital winter, Indonesia’s digital economy – on track to be worth an estimated US$360 billion by 2030 – continues to power ahead.
“We never intentionally look for unicorns”: Willson Cuaca
Since East Ventures was established in 2009, we never intentionally look for unicorns. The statement came from East Ventures’ Co-Founder and Managing Partner, Willson Cuaca during the panel discussion titled ‘Finding the Next Unicorn’ in OCBC NISP Business Forum 2023.
East Ventures’ strategy to strengthen ESG in its ecosystem
The environmental and sustainability issues are becoming more urgent than ever today. No one is immune from these issues, and all stakeholders must take necessary actions to minimize the impact now. With this issue in mind, we at East Ventures believe that technology can positively contribute to and impact the environment.
‘Investors are becoming more selective, especially when it comes to risks and valuations’: Roderick Purwana
With the threatening global economic condition that overshadows the tech industry, keeping one’s optimism is not an easy feat. This, which also stems from the COVID-19 pandemic, has resulted in multiple layoffs within the tech industry, both globally and domestically.
‘The impact of SVB does not directly affect our ecosystem’: Willson Cuaca
News of the ‘collapse’ of Silicon Valley Bank (SVB) continues to loom over the global tech startup ecosystem – Indonesia is no exception. As of March 2023, the 16th largest bank in the United States was shut down due to the significant decrease in the values of its investments – among other reasons.