Against the odds: East Ventures’ portfolio rises above the e-Conomy SEA 2024 report’s baseline
Southeast Asia's digital economy is poised for significant growth. The latest report from e-Conomy SEA 2024 by Google, Temasek, and Bain shows how the digital economy demonstrates solid performance with double-digit growth across GMV, revenue, and profit, proving growth can happen alongside profitability.
Indonesia’s strategy to decarbonize its way into a prosperous green economy
With extreme weather conditions such as drought, heatwaves, heavy rains, floods, and landslides occurring worldwide, climate change has become a catastrophe that needs international attention and commitment. Southeast Asia and Indonesia in particular, are not free from this torment – rising sea levels are threatening coastal areas and putting small islands in danger as fish and catch quality is deteriorating, alongside agricultural products and water resources, for instance.
East Ventures’ six startups listed in Forbes Asia 100 to Watch 2024 list
The fourth annual Forbes Asia 100 to Watch list showcases small companies and startups in Asia-Pacific that grabbed investors’ attention—and their checkbooks.
Why scaling up tech innovations will save the planet
It has become increasingly clear that we must use technology sustainably and deploy it more effectively. According to the East Ventures Sustainability Report 2023, to meet the investment needs of green solutions in Southeast Asia, which amount to around US$3 trillion by 2030, there is a need for tech innovations as catalysts.
Urgent energy needs in Southeast Asia: Renewable startups to the rescue
Accelerating renewable energy is urgent for Southeast Asia countries as energy demands continue to increase. Most countries' leaders have committed to achieve net-zero by 2050 to keep the global temperature increase below 2°C.
Technology helps workforce improve skills: Eka Himawan, Managing Director of Xurya Daya Indonesia
Startups are synonymous with innovation. I think this spirit of innovation can create a solution that adds value to the economy as a whole. During the COVID-19 pandemic, there were a lot of startups or normal businesses that experienced a decline. But we should thank technology for helping startups become part of the trend.
Turning your ideas on climate issues into real impact
Southeast Asia is currently on track to experience a 3°C warming, which goes beyond the target set by the Paris agreement to limit global warming to 1.5°C. This projection has significant ramifications for the worldwide market and the well-being of the Southeast Asian population.
Climate tech investment is a top priority in achieving net zero emissions
Achieving net zero emission globally by 2050 is critical to tackle the climate crisis and help to save our planet for the next generation. Global temperatures have risen 1.1°C since 1901, due to an excess of emissions from burning fossil fuels. Negative effects of climate change are mounting, such as extreme weather patterns and rising sea levels, all of which threaten the entire species of plants, animals, and even the human population.