East Ventures signed the Memorandum of Understanding with KADIN Net Zero Hub and WRI Indonesia in advancing commitment towards net-zero targets
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, signed a Memorandum of Understanding with the Indonesia Chamber of Commerce and Industry (KADIN) Net Zero Hub and World Resources Institute (WRI) Indonesia for the strategic partnership and collaboration in advancing commitment towards net zero targets.
A healthy lifestyle begins at your fingertips
A study from the AIA Group in 2018 showed that Indonesia ranked the lowest in the Asia Pacific regarding the application of a healthy lifestyle. Despite being satisfied with their health condition, the research also revealed that Indonesians’ healthy living activities decreased from 4.0 in 2016 to 3.6 in 2018.
Early-stage startups can implement ESG principles, here’s how
This year, sustainable business became a buzzword as more investors and stakeholders asked companies to be more aware of their businesses and implement ESG principles. A common assumption is that sustainability is only suitable for growth-stage companies and large corporations. Moreover, sustainability is often more closely associated with green actions, environmentally friendly products, and other things.
Using drones, ARIA wants to change the ‘old face’ of the farming industry
Born into a family with a farming machinery business, William Sjaichudin has long been familiar with Indonesia’s farmers and agricultural dynamics since he was a kid. After graduating from Purdue University as a professional golfer, William returned home to help with the family business. He discovered that the Indonesian agriculture industry has yet to be transformed by technological advances like other industries.
Indonesian Health System Transformation
On 25 October 2022, East Ventures moderated a Fireside Chat with the Indonesian Minister of Health, Budi G. Sadikin at the Embassy of the Republic of Indonesia in Singapore. The session was attended by Singaporean health sector private players, Indonesian businesses, and the Indonesian diaspora in Singapore.
Climate tech investment is a top priority in achieving net zero emissions
Achieving net zero emission globally by 2050 is critical to tackle the climate crisis and help to save our planet for the next generation. Global temperatures have risen 1.1°C since 1901, due to an excess of emissions from burning fossil fuels. Negative effects of climate change are mounting, such as extreme weather patterns and rising sea levels, all of which threaten the entire species of plants, animals, and even the human population.
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.