DTC Startup Kasual raises seed funding from East Ventures, pioneering instant commerce in Indonesia

Kasual, Indonesia’s first-mover in fully personalized direct to consumer (DTC) instant commerce for daywear with a current focus on men’s pants, announced that it has secured an undisclosed amount of seed funding from East Ventures, with participation from other investors

Regional logistics platform Luwjistik raises US$ 1.1 million in seed funding round led by East Ventures

Luwjistik, a Singapore-based startup specializing in e-commerce logistics integration, has secured US$ 1.1 million (approximately IDR 15 billion) in a seed round led by East Ventures, with participation from MDI-Finch’s Arise and Global Founders Capital.

Pasarnow, multi-channel e-groceries platform, raised USD 3.3 million seed funding led by East Ventures

Pasarnow, Indonesia-based multi-channel e-groceries platform, announced earlier today that it has secured a USD 3.3 million seed funding led by East Ventures.

Transfez Raises Seed Funding from East Ventures and BEENEXT, Facilitating Convenient International Money Transfer

Transfez Raises Seed Funding from East Ventures and BEENEXT, Facilitating Convenient International Money Transfer May 19, 2021 Transfez, Indonesia-based fintech company, announced earlier today that it has secured an undisclosed amount in a seed round co-led by East Ventures and BEENEXT.  The investment will accelerate Transfez’s mission to provide a seamless cross-border financial service. The fresh capital will be used for product development and market penetration. Currently, Transfez works in the B2C segment, offering money transfer service to 26 currencies in more than 50 countries. It is also looking to extend its service in the [...]

20 May 2021|Tags: , , |

Bonza Raised Seed Funding from East Ventures

Bonza Raised Seed Funding from East Ventures, Using Math Algorithm to Project COVID-19 Effective Reproduction Number 26th May 2020 JAKARTA, 26th May 2020 — Bonza, a big data analytics company, announced seed funding from East Ventures Bonza's co-founders, Elsa Chandra and Philip Thomas, met in Traveloka. Elsa was leading investments for the company, while Philip was leading one of the data teams and developing big data models to improve Traveloka’s products. At Traveloka, Elsa and Philip witnessed how big data models accelerated the speed and quality of insights to make better commercial decisions in the [...]

29 May 2020|Tags: , , , |

BukuWarung raised seed funding led by East Ventures

BukuWarung raised seed funding led by East Ventures, to empower 60 million MSMEs in Indonesia 8 April 2020 JAKARTA, 7 April 2020 — BukuWarung, an accounting app for MSMEs to digitise their bookkeeping, has raised an undisclosed amount of seed funding in a round led by East Ventures. AC Ventures (previously Agaeti Ventures & Convergence Ventures), Golden Gate Ventures, Tanglin Venture Partners, and Michael Sampoerna joined the round with strategic angel investors from Grab, Gojek, Flipkart, PayPal, Xendit, Rapyd, Alterra, ZEN Rooms and others. The company will use the funds to strengthen its market leadership [...]

13 April 2020|Tags: , |