Fore Coffee announces initial public offering on the Indonesia stock exchange
PT Fore Kopi Indonesia Tbk (Fore Coffee), a leading premium affordable Indonesian coffee chain, today announced its plan to conduct an IPO (Initial Public Offering) on the IDX (Indonesia Stock Exchange). This strategic move will support the company's ambitious expansion plans and solidify its position in the rapidly growing premium coffee market.
East Ventures concludes IndoBuild AI Demo Day, showcasing the vast potential of AI in Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, has concluded the IndoBuild AI by conducting the Demo Day on 13 March 2025, marking a significant milestone in fostering AI (artificial intelligence) innovation in Indonesia.
The role of R&D in Fore Coffee’s product excellence
Fore Coffee, an F&B (Food and Beverage) company specializing in affordable premium coffee, continues to demonstrate its commitment to innovation in developing a sustainable business. The goal is to strengthen the company and enhance its competitiveness, particularly in leading dynamic market trends.
East Ventures unveils IndoBuild AI, a platform for AI innovators to learn, collaborate, and solve real-world challenges in Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, today announced the launch of IndoBuild AI, a dynamic platform for AI (artificial intelligence) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia. This initiative brings together AI talents and tech ecosystem players to explore new untapped opportunities and accelerate AI adoption in Indonesia.
Fore Coffee: Reshaping Indonesia’s new coffee culture
The food and beverage (F&B) coffee industry in Indonesia has experienced significant growth in the last decade. This is apparent as more coffee shops and brands are emerging amidst intense competition, supported by the skyrocketing coffee consumption by Indonesians of various ages—which is projected to increase this year, reaching nearly five million bags from 3.5 million in 2018.
East Ventures and SV Investment announced the first close of its Southeast Asia – South Korea investment corridor fund
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital & private equity firm headquartered in Seoul, South Korea, today announced the first close of its joint fund, branded as “East Ventures South Korea fund in partnership with SV Investment”.
Great entrepreneurs aren’t born. They are made
A key question for investors has been on my mind for the past decade: Are great entrepreneurs born or made? Over time, I’ve developed a thesis to address this query, validating my ideas through various cases within the East Ventures ecosystem. The answer boils down to three key elements, which I call the three Cs: capacity, character, and capability. Capacity is innate. Like computers, some have faster processors and larger memories while others don’t. Having capacity is an advantage in entrepreneurship. Unfortunately, an entrepreneur’s capacity – unlike a computer’s – can’t be upgraded.
East Ventures, a pioneer in Southeast Asia’s venture capital scene, closes its inaugural GP-led secondary transaction with Coller Capital
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, announced today that it has closed its inaugural GP-led secondary transaction. Led by a global secondary firm, Coller Capital, East Ventures offered limited partners in its East Ventures 5 L.P. (“EV5” or the “Fund”), liquidity, bringing the total distributions-to-paid in the capital (“DPI”) of the Fund to approximately 2.0x.