Investment keeps pace, East Ventures looks deeper into startup fundamentals
The global supply chain crisis from the Russo-Ukrainian war and the tightening policies by the Chinese government have resulted in many central banks worldwide raising their benchmark interest rates, and the capital market is more gloomy than it was in the middle of last year.
How Desty elevates MSMEs to thrive in Indonesia’s growing commerce ecosystem
Mulyono Xu, a local Acehnese man, had spent most of his life in China since he started studying in China almost 20 years ago. His seasoned experience in e-commerce solutions in one of China’s giant tech marketplaces, Alibaba Group, gave him a ‘time-travel advantage’, a fresh perspective on what Indonesians need as the country’s digital ecosystem matures and the solution for it.
East Ventures was listed in the Top Global & Asian investors in Q3 2022
East Ventures has been listed as the top ten of top global investors by the global market intelligence platform CB Insights. East Ventures is the only Southeast Asian venture capital firm focusing on the Indonesian market among other US-based and China-based VCs.
Willson Cuaca, a venture capital pioneer, makes FORTUNE Indonesia’s Businessperson of The Year 2022 list
Willson Cuaca, Co-founder & Managing Partner at East Ventures (EV), is one of the key figures behind capital injections into hundreds of start-ups in Indonesia. However, the story of how he raised investor funds and channeled them to startup founders—who, even then, only had an idea and didn't have a team yet—is a gamble. Yet, he never knew whether to win or lose.
Why maintaining employees’ mental health is important for companies
The COVID-19 pandemic has come under control, with some work activities returning to the pre-covid working situation, such as coming to the office. However, companies cannot deny that the work-life balance during and post-pandemic has shifted the way people work and think about productivity. The dynamic situation has led to increased mental health concerns, including impacted stress levels among employees.
Cold chain may be the next opportunity for Indonesia’s logistics startups
Indonesian last-mile logistics startup Paxel found that almost half of its shipments are of frozen food – primarily from MSMEs sending their products to customers. This is despite the company’s fleet mainly made up of motorcycles that are not equipped with any kind of refrigeration.
Pushing financial literacy after inclusion
Financial inclusion is crucial for any nation to accelerate economic growth by improving equal financial access and support for doing business, such as transactions, payments, savings, credit and insurance. Financial inclusion will foster entrepreneurship and scalability, which will lead to reducing poverty and economic inequality in the long term.
Get to know Batik Parang and how its philosophy resonates with East Ventures’ values
Indonesia is widely known for its Batik — an art and textile-making technique. Hundreds of kinds of Batik originating from various regions and districts in Indonesia carry the beauty in its art, its deep meaning, and philosophy.