East Ventures


12 January, 2023


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).

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