Diri Care, a consumer health technology startup, has closed its oversubscribed seed round at US$ 4.3 million, co-led by East Ventures and Sequoia Capital India and Southeast Asia’s Surge, with follow-on participation from prominent angel investor, Henry Hendrawan.
Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, today announced it has raised $8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to US$14.3 million, one of the largest seed funding rounds in Southeast Asia to-date.
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced the appointment of Avina Sugiarto as a Partner at the firm.
McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised US$ 6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures.
The year 2022 may look rosy at first glance with high hopes of a post-pandemic recovery as most countries are re-opening their borders after disruptions from the COVID-19 pandemic.
Bad news is hitting the startup ecosystem in Indonesia. Recently, the public and the media have picked up on the negative sentiments and suspicious incidents related to local startups, such as layoffs, business closures, and news of funding being sparsely disbursed.
Morning, a coffee technology company, today announced the raise of its Series A round at USD 5 million led by East Ventures with participation from zVentures (corporate venture arm of Razer), P9 Capital, Wee Teng Wen of The Lo & Behold Group and other existing investors.
Novelship, Asia's fastest-growing marketplace for limited-edition sneakers, streetwear and collectibles today announced that the company has raised close to USD 10 Million in Series A funding co-led by GSR Ventures, East Ventures, with participation by K3 Ventures, and iGlobe Partners. Since its inception in 2018, Novelship has been able to serve customers across APAC with the sales volume growing at a staggering rate of 5.3X in 2021.
East Ventures, a pioneering and leading Indonesia-focused venture capital firm, has raised a total of US$ 550 million in the final close of its latest funds.
The Parentinc, a fast-growing tech company headquartered in Singapore, today announces that it has successfully closed a US$22M round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed investors.
