‘Investors are becoming more selective, especially when it comes to risks and valuations’: Roderick Purwana
With the threatening global economic condition that overshadows the tech industry, keeping one’s optimism is not an easy feat. This, which also stems from the COVID-19 pandemic, has resulted in multiple layoffs within the tech industry, both globally and domestically.
How private and public sectors can collaborate to advance the Indonesian healthcare system
East Ventures has recently launched the White paper: “Genomics: Leapfrogging into the Indonesian healthcare future”, a collaborative report with Indonesia’s Health Ministry and a global consulting company, Redseer, on 16 February 2022, in Jakarta, Indonesia.
Despite the global challenges, East Ventures remains bullish for Indonesia’s digital outlook for 2023
East Ventures remains optimistic about Indonesia’s digital economy prospect in 2023 despite the looming global economic turbulence. “The GMV growth of Indonesia’s digital economy is roughly double its GDP growth. We believe that the growth is still very robust in a few years. Hence, East Ventures is still very much bullish towards our digital economy in 2023,” explains Roderick Purwana, Managing Partner at East Ventures.
How founders should navigate winter situation in sunny Indonesia
The technology sector faces global economic challenges due to the geopolitical situation and fears of an impending recession in the United States (US). This period and the media boom have pulled some digital startups down on corporate valuation and business operations and have implications for layoffs and fundraising struggles.
Recession run: East Ventures’ bets during a downturn
The funding winter is here. News of layoffs and troubles in startups have been cropping up. In this Q&A series, we talk to Southeast Asia’s investors to suss out what opportunities they see, their thinking, and areas of investment they are looking at in the next few months.
Ismaya Group secures US$ 18.1 million funding led by East Ventures to continue leading and expanding the F&B lifestyle industry in Indonesia
ISMAYA GROUP, the leading F&B lifestyle brand, announced that it has raised funding with a total amount of US$ 18.1 million led by East Ventures (Growth fund) with participation from existing investor, FALCON HOUSE PARTNERS.
East Ventures Gives New Color and Spirit for Indonesia Open 2022 Tournament
East Ventures, a leading sector-agnostic venture capital firm and pioneering startup investment in Indonesia, marked a new history for the world of Indonesian badminton; as the firm appeared for the first time as the main sponsor of the most prestigious badminton tournament in the country, the Indonesia Open. The title of the tournament is East Ventures Indonesia Open 2022.
East Ventures raised US$ 550 million multi-stage fund to focus on the Indonesia and Southeast Asia startups
East Ventures, a pioneering and leading Indonesia-focused venture capital firm, has raised a total of US$ 550 million in the final close of its latest funds.