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The Pandemic Accelerated Digital Transformation in Indonesia

JAKARTA (TheInsiderStories) - The East Ventures Digital Competitiveness Index (EV-DCI) 2021 found that the digital competitiveness among provinces in Indonesia has become more equal. This equality...

Indonesia’s Warung Pintar Acquires Bizzy Digital for US$45M

JAKARTA (TheInsiderStories) - Warung Pintar, a micro retail technology startup firm, today announced the acquisition of Bizzy Digital, an integrated logistics and distribution supply chain B2B...

Member.id Secures Series A Funding US$1.1M from East Ventures, Traveloka

JAKARTA (TheInsiderStories) - Member.id, a loyalty service provider, marketing and technology firm, announced has secured Series A funding with total amount of US$1.1 million led by...

East Ventures Double Down Funding for Biotech Firm’s Nusantic

JAKARTA (TheInsiderStories) - Southeast Asian venture capital firm, East Ventures, doubled down funding for Nusantics, a genomics technology company, in less than a year, the company...

Indonesia’s Bibit Get Funding US$30M From Sequoia Capital

JAKARTA (TheInsiderStories) - Bibit, a digital investment app in Indonesia announced has raised US$30 million of funding from Sequoia Capital India and is existing investors like...

Indonesia’s Finantier Get Fundings from Y Combinator, Two Culture Capital

JAKARTA (TheInsiderStories) — Finantier, has received funding from United States accelerator Y Combinator, said the Indonesia' open finance startup today, without mentioned the funding number. The...

East Ventures Gives Seed Funding to Desty and Finantier

JAKARTA (TheInsiderStories) - Finantier, Indonesia-based open finance startup, announced a pre-seed funding round led by East Ventures with participation from AC Ventures, Genesia Ventures, and other...

Indonesia’s Aruna Get Funding US$ from Existing Shareholders

JAKARTA (TheInsiderStories) - Aruna, a technology company in the marine and fisheries sector closed a fresh round of funding US$5.5 million from existing investors, East Ventures,...

Indonesia’s BukuWarung Raises Pre-A Round from Quona Capital

JAKARTA (TheInsiderStories) — BukuWarung, an accounting and credit management app for Indonesian micro-businesses, announced its Pre-A funding round led by Quona Capital, a VC...

Singapore’s EV Growth Disburse Funds US$250M in 2019

JAKARTA (TheInsiderStories) - EV Growth, a Singapore headquartered venture capital firm, has hit the hard cap of its first fund at US$250 Million from an initial...

Indonesia’s Komunal Raises Seed Funding Led by East Ventures

JAKARTA (TheInsiderStories) — Komunal, an online peer-to-peer (P2P) lending company based in Surabaya, has secured an undisclosed amount of seed funding led by East Ventures,...

East Ventures Prepares US$325M to Invest Next Year

JAKARTA (TheInsiderStories) - Southeast Asian venture capital firm, East Ventures, has prepared US$325 million to invest next year, the management said today (11/20). The...

Indonesia’s StickEarn Raises US$5.5M Series A Funding led by East Ventures,...

JAKARTA (TheInsiderStories) — StickEarn, a leading Indonesian offline-to-online advertising technology company, has closed Series A round of funding of US$5.5 Million, said the management today (10/15)....

East Ventures Eyes 10 More Companies This year

JAKARTA (TheInsiderStories) - Southeast Asian venture capital firm, East Ventures, is eyeing for more than 10 companies to fund until the end of this...

Indonesia’s Julo Raises Series A Funds US$15M Led by Quona

JAKARTA (TheInsiderStories) - Julo, a lending platform based in Indonesia, has extended its Series A funds to US$15 million as the scale businesses rocketed. To date...

Indonesia’s Kedai Sayur Raises US$4M Led by East Ventures

JAKARTA (TheInsiderStories) - An Indonesian startup that empowers vegetable sales, Kedai Sayur, has closed a US$4 million new round of funding. The round was led by...

East Ventures Closes US$75M Sixth Fund to Focus on Indonesian Startups

JAKARTA (TheInsiderStories) - Southeast Asian venture capital firm East Ventures has closed its sixth fund at US$75 million, with support by prominent startup founders...

AllSome Raises US$1.94M Seed Funding led by East Ventures

JAKARTA (TheInsiderStories) — AllSome Fulfillment, cross border e-commerce fulfillment for modern online sellers, has secured US$1.94 million of seed funding led by East Ventures,...

EV Growth Closes First Fund at US$200M

JAKARTA (TheInsiderStories) - Singapore-headquartered venture capital (VC) firm EV Growth has hit the close of its inaugural fund at US$200 million (Rp2.9 trillion), exceeding...

Indonesia’s Kedai Sayur Secures Seed Funding US$1.3M from East Ventures

JAKARTA (TheInsiderStories) — An Indonesian startup that empowers vegetable sales, Kedai Sayur, announced today (05/27), that it had secured US$1.3 million of seed funding...

Indonesia’s Mobilkamu Secures Series A Investment from East Ventures, Others

JAKARTA (TheInsiderStories) - Mobilkamu, Indonesia’ online platform for new car buying, has secured an undisclosed amount of Series A investment led by East Ventures,...

Indonesia’s Fore Coffee Raised US$8.5M Funding from Investors

JAKARTA (TheInsiderStories) – An Indonesian on-demand specialty coffee startup Fore Coffee raised US$8.5 million funding from investors, said the company today (01/31). The fresh fund...

Indonesia’s Fit Company Raised Seed Funding from East Ventures

JAKARTA (TheInsiderStories) — The Fit Company, a holding company that focuses on active and healthy lifestyle products in Indonesia, announced that it had secured...

Indonesia’s Warung Pintar Raises US$27.5M in Series B Funding

JAKARTA (TheInsiderStories) – Indonesia micro retail technology company Warung Pintar just announced that it had secured US$27.5 million in series B funding for various investors. The...

Indonesia’s Logistic-Tech Waresix Raises US$1.6M Pre-series A Funding

JAKARTA (TheInsiderStories) - Waresix, an Indonesian logistics-tech, secured US$1.6 million in Pre-series A round of funding led by East Ventures and Monk’s Hill Ventures. Also participating...

Go-Jek, East Ventures Invests in Indonesia’s Media Company

JAKARTA (TheInsiderStories) - Two Indonesian private equity firms invested in local online media as part of its expansion into online content, it said. Go-Ventures, unit...

East Ventures, Vertex Ventures Injects Funds US$5M for Indonesia’s Cicil

JAKARTA (TheInsiderStories) ​— Cicil​, the leading instalment financing platform for Indonesian university students, announced earlier today that it has secured a Series A funding...

Indonesia’s Moladin Raises Fund US$1.2M from East Ventures, Berjaya Group, Ethos...

JAKARTA (TheInsiderStories) - Moladin, the first online platform to buy motorcycle in Indonesia, has raised a US$1,2 million funding from East Ventures, Berjaya Group and...

PHI-Integration Secures Seed Funding from East Venture, Skystar Capital

JAKARTA (TheInsiderStories) – ​PHI-Integration, a software company that provides data analytics and management services, announced on May 30 that it has secured an undisclosed...

Sinar Mas, East Ventures, Japan’s YJ Capital Set up EV Growth

JAKARTA (TheInsiderStories) - East Ventures (EV) is collaborating with Tokyo's based YJ Capital Inc. and SMDV --venture capital (VC) firm under Sinar Mas Group --,...
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