Equal distribution of digital and data-driven talents in the logistics sector
With Indonesia’s big population, there is a high demand for logistics. However, the logistic costs are equally high. One of the causes is that Indonesia has many islands, yet infrastructure is concentrated only on a few of them.
East Ventures 2021 recap: 80+ deals made across SEA’s fastest growing sectors, aiming for sector diversification in 2022
Welcoming the new year of 2022, East Ventures is taking this opportunity to look back and reflect on the year 2021. Just like the rest of the world, the COVID-19 pandemic has also severely impacted our ecosystem—not only Indonesia, but it also took a heavy toll on Singapore and other SEA countries as well.
East Ventures di 2021: 80+ deal di berbagai sektor unggul di Asia Tenggara rampung, mengincar diversifikasi sektor di tahun 2022
Menyambut tahun 2022, East Ventures mengambil kesempatan ini untuk melihat kembali dan merefleksikan tahun 2021. Sama seperti di seluruh dunia, pandemi COVID-19 juga memberikan dampak yang sangat besar pada ekosistem kami—tidak hanya di Indonesia, namun juga Singapura dan negara-negara Asia Tenggara lainnya.
Indonesia PASTI BISA Safeguards Oxygen raises over US$ 1 million to donate 1,450 oxygen concentrators for COVID-19 patients
Indonesia PASTI BISA Safeguards Oxygen raises over US$ 1 million to donate 1,450 oxygen concentrators, providing further support for Indonesia’s Ministry of Health in COVID-19 battle
Waresix on connecting Indonesia’s fragmented logistics under a supply-and-demand aggregation platform
Inspired by the year he spent working in China during the e-commerce boom, Andree Susanto went back home and partnered up with Edwin Wibowo to create Waresix, a logistics tech startup.
Crisis fosters collaboration between startups and corporations: Willson Cuaca
Crisis fosters collaboration between startups and corporations: Willson Cuaca 2 February, 2021 “When a digital company gets dominant, it is like the rise of Thanos. What happens next is Captain America and Iron Man collaborate to defeat Thanos. I think this is what will happen in our ecosystem,” said East Ventures Co-Founder and Managing Partner, Willson Cuaca, in a webinar hosted by PricewaterhouseCoopers (PwC) on January 19, 2021. Collaboration between startups and corporations are more prevalent today as competition becomes more fierce. According to Willson, collaborations will help startups and corporations challenge a company that [...]
How Traveloka, Waresix and Sociolla raised US $408M in aggregate
How East Ventures’ portfolios, Traveloka, Waresix and Sociolla fought COVID-19 and raised US $408M in aggregate 2 November 2020 JAKARTA — In Tech in Asia Conference on 21 October, East Ventures founding partner, Willson Cuaca moderated a panel about startups in the time of crisis. In this panel, startup founders can learn how East Ventures portfolios - Traveloka, Sociolla, and Waresix - successfully fundraised in total of US$408 million during pandemic. During this session, startup founders can also learn the key traits of success to overcome pandemic crisis. Resilience: How Traveloka bounced back from almost zero revenue [...]
Waresix Ups Series A Total to US$25.5 Million As It Grew More Than 30x in 2019 and Profitable
The US$11 million extensions come only less than 6 months after the announcement of it's latest US$14.5 million Series A round led by EV Growth in July 2019, bringing its total capital raised to more than US$27.1 million in equity in the last 18 months.