Press Release

EV Team strategic promotions|Koh Wai Kit

6 April 2022

Press Release

East Ventures appoints Koh Wai Kit as Managing Partner, alongside several promotions of members of the EV Team

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…

31 March 2022

Press Release

JiPay raised US$ 1.3 million of Seed funding led by East Ventures

JiPay, a Singapore-based fintech startup creating an inclusive financial services platform for migrant domestic workers, announced that it has secured US$ 1.3 million in Seed funding. This round of funding was led by East Ventures, with participation from SHL Capital as well as strategic angels…

29 March 2022

Press Release

TipTip, a one-stop platform for content creators, raised US$ 10 million in seed funding led by East Ventures

TipTip, a one-stop platform for content creators across Southeast Asia, announced that it has secured US$ 10 million in the seed funding round, marking one of the biggest seed rounds ever. This funding was led by East Ventures, with the participation from Vertex, EMTEK, SMDV,…

16 March 2022

Press Release

wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding

wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its…

15 March 2022

Press Release

East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment

East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions. East Ventures becomes Indonesia’s first venture capital…

8 March 2022

Press Release

Mighty Jaxx raises US$ 20 million in series A+ funding led by East Ventures

Mighty Jaxx, an award-winning future culture company that designs and produces ‘phygital’ collectibles, announced the first close of US$ 20 million in their oversubscribed Series A+ funding round, pushing the company’s valuation to over US$ 200 million. The funding round, fueled by burgeoning interest in…

Bali’s Radiya Rondi enjoying a perfect tube ride in Grajagan

4 March 2022

Press Release

East Ventures sponsors two major Indonesia surfing tournaments

East Ventures is beyond happy to announce its support of not one but two surfing tournaments in Bali, the Vans Bali Pro presented by East Ventures from 8-9 March and the Liga Surfing Indonesia 2021 Grand Final from 11-13 March, which take place at Bali’s…

7 February 2022

Press Release

Bananas, Indonesia-based quick commerce startup, raises US$ 1.5 million seed funding led by East Ventures

Bananas, a quick commerce startup based in Indonesia, announced that it has secured US$ 1 million in seed funding. This funding was led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. Bananas has also been accepted into…

28 January 2022

From Portfolios

Fuse insurtech achieved 2021 target by closing more than US$ 105 million in terms of GWP

Insurtech company Fuse announced an impressive 2021 performance with Gross Written Premium (GWP) of policies utilizing the Fuse platform exceeding US$ 105 million (IDR 1,5 trillion). This represents more than 2% of the market share in terms of the general insurance market. Despite the challenging…

28 January 2022

Press Release

Aruna raises US$ 30 million in follow-on series A funding, bringing total capital raised to US$ 65 million

Aruna, Indonesia’s leading fishery and marine platform, has announced a US$30 million Series A follow-on funding led by Vertex Ventures Southeast Asia & India. The round also saw participation from existing investors Prosus Ventures, AC Ventures, East Ventures (Growth Fund), Indogen Capital, SMDV and SIG…

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Press Release

East Ventures appoints Koh Wai Kit as Managing Partner, alongside several promotions of members of the EV Team

JiPay raised US$ 1.3 million of Seed funding led by East Ventures

TipTip, a one-stop platform for content creators, raised US$ 10 million in seed funding led by East Ventures

wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding

East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment

Mighty Jaxx raises US$ 20 million in series A+ funding led by East Ventures

East Ventures sponsors two major Indonesia surfing tournaments

Bananas, Indonesia-based quick commerce startup, raises US$ 1.5 million seed funding led by East Ventures

Fuse insurtech achieved 2021 target by closing more than US$ 105 million in terms of GWP

Aruna raises US$ 30 million in follow-on series A funding, bringing total capital raised to US$ 65 million

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