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.
Minimizing the risk-reward of startup funding
The shrinking of venture capital funding over the past four years has not diminished East Ventures' commitment to funding startups in Indonesia. Bisnis had the opportunity to speak with Willson Cuaca, Co-Founder and Managing Partner of East Ventures, about the firm's future funding strategies for startups.
Startups can expect brighter 2025 after prolonged funding winter
Startups are expected to find it easier to secure funding in the year ahead after a tough 2024 which saw rising costs, muted investor interest and geopolitical developments hampering their growth. Industry players told The Straits Times that the local funding landscape is poised to be buoyant in 2025, driven by expected rate cuts and more investments targeting Southeast Asia.
East Ventures has again mapped out Indonesia’s digital competitiveness through the East Ventures – Digital Competitiveness Index 2024
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, together with Katadata Insight Center, today launched the East Ventures – Digital Competitiveness Index (EV-DCI) 2024. This marks the fifth edition since it was first launched in 2020. The EV-DCI 2024 research report maps Indonesia's digital competitiveness with the theme "Realizing Indonesia's digital sovereignty".