Startup Indonesia

Franky O. Widjaja Limited Partner LP|

30 October 2019

Insights

East Ventures’ First LP Talks Importance of Getting the Right Support

Franky O. Widjaja, Chairman & CEO of Sinarmas Communication & Technology, is the first Limited Partner (LP) of East Ventures. At the venture capital’s 10th anniversary event, Mr. Franky shared his perspective of the digital economy industry and the reason why he decided to…

Menkominfo Rudiantara Digital Economy

29 October 2019

Insights

How the Indonesian Government Support Digital Economy Industry?

Mr. Rudiantara (Ex-Minister of Communication and Information Technology of the Republic of Indonesia) attended our 10th-anniversary event and shared his perspective on the development of the startup ecosystem in Indonesia. At the beginning of his speech, Mr. Rudiantara admitted that he joined the cabinet…

Minister Luhut Binsar Pandjaitan

29 October 2019

Insights

Coordinating Minister for Investments Luhut Pandjaitan: Indonesian Economy Perform Better

East Ventures’ 10th Anniversary event was attended by Mr. Luhut Binsar Pandjaitan (Coordinating Minister for Maritime Affairs and Investments of the Republic of Indonesia), who shared the positive trend of the Indonesian economy. According to him, the performance of the Indonesian economy is better…

East Ventures 10 Anniversary Impact

7 October 2019

Insights

East Ventures Marks 10 Year Anniversary, Commits to Generating More Impact in Indonesia

JAKARTA, 7 October 2019 – East Ventures, a leading early stage venture fund company based in Indonesia, today celebrated its 10 years of contributing to the region’s start-up growth with a birthday celebration at The Westin, Jakarta. During the event, East Ventures’ Founders shared with…

Cumi | Founder

27 September 2019

Press Release

East Ventures Invests in Indonesian Rental Marketplace CUMI

CUMI, translates as “just renting” in Indonesian colloquial, was inspired by the unnecessary purchase the founders often make to support their travels CUMI (Cuma Minjem), a rental marketplace platform encompassing multiple categories on Android devices and the web, announced that it has raised an undisclosed…

Pemprov DKI Jakarta Startup

13 September 2019

Insights

Pemprov DKI Gandeng Startup Digital Kembangkan Jakarta Smart City

Pemerintah Provinsi (Pemprov) DKI Jakarta menggandeng delapan startup digital untuk mengembangkan Smart City serta menyelesaikan berbagai permasalahan di Jakarta. Beberapa di antaranya adalah Tokopedia, Grab, dan Nodeflux. Gubernur Anies Baswedan mengatakan, melalui kolaborasi dengan delapan startup digital itu dapat muncul beragam solusi untuk menyelesaikan permasalahan masyarakat…

Indonesia Landscape | Illustration

6 September 2019

Insights

The Opportunity of Startup Ecosystem in Indonesia

We talk to Singapore-based East Ventures about the evolution of their Southeast Asian investment focus and the Indonesian start-up opportunity. 1. How have your funds evolved over the past 10 years (i.e. fund size, industry focus)? When we started East Ventures 10 years ago, we…

Feedloop Founder | Foto

19 June 2019

Press Release

Feedloop Raises Seed Funding from East Ventures

JAKARTA, 19 JUNE 2019 — Feedloop, a marketing SaaS company, announced earlier today that it has secured an undisclosed amount of seed funding from East Ventures and several angel investors. The investment will help Feedloop in pursuing their mission to build the next generation interactive…

Indonesia Map Investing Investasi

14 June 2019

Insights

Indonesia’s Startups to Keep an Eye on in 2019

Indonesian startups are on the rise—in April this year, The Creative Economy Agency (Bekraf) projected a 20-30% growth in the number of startups in Indonesia, thanks to a high demand for digital solutions in business, industry, logistics, and in other sectors, as well as accelerated…

Software as a Service SaaS Cloud Computing

13 June 2019

Insights

Indonesia’s SaaS Scene: What You Need To Know

“SaaS” (short for software-as-a-service) is one of those tech-centric pieces of jargon that tends to scare the uninitiated, who have not quite figured out how to use the term in a full sentence. However, despite the opacity of the word, SaaS ecosystems have become increasingly…