wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding
wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its seed funding.
East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions.
Mighty Jaxx raises US$ 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$200 million.
East Ventures, Berkolaborasi dengan Katadata dan PwC Indonesia, Merilis Laporan East Ventures – Digital Competitiveness Index 2022
East Ventures, perusahaan venture capital yang memelopori investasi startup teknologi di seluruh bidang (sector-agnostic) dan paling aktif di Indonesia, bersama Katadata Insight Center dan PwC Indonesia meluncurkan East Ventures - Digital Competitiveness Index (EV-DCI) 2022. Laporan riset EV-DCI 2022 merupakan pengukuran daya saing digital Indonesia dengan tema “Menuju Era Keemasan Digital Indonesia”.
![Bali’s Radiya Rondi enjoying a perfect tube ride in Grajagan, East Java [doc: ASC]](https://east.vc/wp-content/uploads/2022/06/Ombak-TH_-6729-scaled-1-320x202.jpg)
East Ventures mensponsori dua turnamen selancar terbesar di Indonesia
East Ventures mensponsori dua turnamen selancar terbesar di Indonesia 4 Maret 2022 East Ventures sangat bangga untuk memberikan dukungannya untuk dua kompetisi selancar di Bali, Vans Bali Pro presented by East Ventures, yang akan diselenggarakan pada 8-9 Maret dan Liga Surfing Indonesia 2021 Grand Final pada 11-13 Maret, di destinasi pantai paling terkemuka, Halfways, Pantai Kuta, Bali. Vans Bali Pro presented by East Ventures akan menyambut para kompetitor pria dan wanita dalam Men’s and Women’s World Surf League Qualifying Series serta Pro Junior Boys and Girls yang akan berlomba di kompetisi internasional pada awal minggu [...]
East Ventures sponsors two major Indonesia surfing tournaments
East Ventures is beyond happy to announce its support of not one but two surfing tournaments in Bali, the Vans Bali Pro presented by East Ventures from 8-9 March and the Liga Surfing Indonesia 2021 Grand Final from 11-13 March, which take place at Bali’s most well known beach destination of Halfways, Kuta Beach, Bali.
Bananas, Indonesia-based quick commerce startup, raises US$ 1.5 million seed funding led by East Ventures
Bananas, a quick commerce startup based in Indonesia, has secured a total of US$ 1.5 million in seed funding. This funding was led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures, Y Combinator and a few angel investors.
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. This represents more than 2% of the market share in terms of the general insurance market. Despite the challenging situation due to the Covid-19 pandemic, Fuse still managed to double its market share and improving the quality of its platform and services.