12 01, 2022

East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022

2022-06-30T09:38:22+07:00January 12th, 2022|East Ventures|

Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.

12 01, 2022

East Ventures di 2021: 80+ deal di berbagai sektor unggul di Asia Tenggara rampung, mengincar diversifikasi sektor di tahun 2022

2022-06-30T09:39:34+07:00January 12th, 2022|Indonesia, East Ventures|

Menyambut tahun 2022, East Ventures mengambil kesempatan ini untuk melihat kembali dan merefleksikan tahun 2021. Sama seperti di seluruh dunia, pandemi COVID-19 juga memberikan dampak yang sangat besar pada ekosistem kami—tidak hanya di Indonesia, namun juga Singapura dan negara-negara Asia Tenggara lainnya.

21 10, 2021

Komunal expands Indonesia’s financial inclusion through digitalization in government and MSMEs ecosystems

2022-06-30T09:38:24+07:00October 21st, 2021|East Ventures|

Today, the adoption of the digital economy has increased tremendously outside Jakarta. Despite that, there is still a wide financial gap in Indonesia. This situation called for Hendry and his peers, Kendrick Winoto and Rico Tedyono to give birth to Komunal in 2018 with one vision in mind: to accelerate the country’s financial inclusion by eliminating the aforementioned gap.

22 09, 2021

Indonesia’s fintech company Komunal raises US$ 2.1 million of series A funding led by East Ventures, further promoting the country’s financial inclusion

2022-06-29T23:35:42+07:00September 22nd, 2021|East Ventures|

Komunal, Indonesia’s first fintech company to offer Neo-rural bank services locally, announced earlier today that it has secured US$ 2.1 million (approximately IDR 30 billion) in the Series A funding round. The investment is led by East Ventures with participation from Skystar Capital. Both investors also backed Komunal in the seed funding round. The fresh capital will accelerate Komunal’s mission to boost financial inclusion in Indonesia by enhancing its latest product DepositoBPR.