Video
With Massive Layoffs in 2022, How Do Investments Look Like for Startups in 2023?
East Ventures has raised a total of US$ 211.59 million in funding throughout 2022 and distributed it to companies in portfolios in the e-Commerce, fintech, SaaS, logistics and agritech sectors.
Co-Founder and Managing Partner at East Ventures, Willson Cuaca, said that the huge market potential and the development of digitalization are potential for the development of technology-based startups in Indonesia. However, the performance of startups throughout 2022, which experienced considerable pressure, has also become a concern for venture capitalists in investing in startups in 2023.
What will East Ventures’ investment evaluation in the digitalization sector be like in 2022? For details, see Shafinaz Nachiar’s dialogue with East Ventures Co-Founder and Managing Partner, Willson Cuaca in Profit, CNBC Indonesia (Wednesday, 11/01/2023).
Recommended Media
Optimistic in the Era of Digital Transformation, This is What Investor Targets
CNBC Indonesia presents the Economic Outlook 2024 with the theme “Year of Optimism.” But just how big is the opportunity for the Indonesian economy to continue to grow amid global economic turmoil? Roderick Purwana, Managing...
Talkshow with Roderick Purwana: “Startups & Venture Capital Outlook 2024”
In 2023, the so-called “tech winter” was still abound. Many startups, both globally and in Indonesia suffering layoffs — some even shut down. But what about 2024? In a conversation with SEA Today, Roderick Purwana,...
Investors Wary of 2024 Layoff Storm, Is Startup’s Fate at Risk?
The mass layoffs and startup closures that occurred in 2023 continued into early 2024. In January 2024, a number of companies are known to have cut tens to thousands of employees, including Google’s layoffs. East...