Indonesia-based Praktis raises US$20 million of series A funding led by East Ventures

Praktis, an end-to-end supply chain enabler has raised US$20 million of series A round led by East Ventures (Growth fund) with participation from Triputra Group and SMDV. The investment will be allocated to accelerate technology enhancements for the brands sides, at the same time to help the suppliers to have an easier business process, better team building, and enhancement of the end-to-end supply chain ecosystem.

Bababos, Indonesia-based raw material procurement startup, secured pre-seed funding led by East Ventures

Bababos, Indonesia-based raw material procurement platform for small and medium enterprises (SME) manufacturers, today announced the pre-seed funding led by East Ventures, the leading and pioneering sector-agnostic venture capital firm in Indonesia.

Collaboratively leveraging agritech for resilient and inclusive growth

Indonesia is an agricultural powerhouse with over 42 million hectares under cultivation, yet productivity is widely considered to be suboptimal. According to the World Bank, 93 percent of Indonesia's agriculture output is dominated by smallholder farmers who earn an average of US$ 3.20 per day, younger generations are becoming increasingly uninterested in the sector.

Singapore-based TreeDots secures US$ 11M series A investment led by East Ventures and Amasia

TreeDots, Asia’s first vertically integrated food supply chain ecosystem, announced today that it has successfully closed an oversubscribed US$11 million Series A fundraise. The round was co-led by East Ventures and Amasia.

Advotics raised fresh funding from East Ventures to accelerate supply-chain digital transformation in Indonesia

Advotics raised fresh funding from East Ventures to accelerate supply-chain digital transformation in Indonesia March 2, 2021 Advotics, an Indonesia-based SaaS startup specializing in data-driven supply chain solutions for brands and SMEs, announced earlier today that it has raised US$2.75 million in a new funding round led by East Ventures. Advotics is a technology company that helps brands understand, monitor, and manage their supply chain in Indonesia’s retail market by providing integrated platforms along the distribution line. Indonesia is a huge market for enterprise solutions. Advotics estimates that the Indonesian enterprise software market size has [...]

3 March 2021|Tags: , , |