East Ventures

Indonesia: HR tech startup Ekrut gets seed funding from East Ventures

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Human resource technology company, Ekrut raised a seed investment from East Ventures.

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east ventures
Indonesia: East Ventures closes fifth fund, raises $27.5m

East Ventures, one of Indonesia’s most active venture capital firms, today announced that it has closed its fifth fund, and the vehicle’s partners – Willson Cuaca, Batara Eto, and Taiga Matsuyama – said they plan to use ‘deploy the capital to further their thematic investment thesis as the startup ecosystem… Read more »

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Visual of Polyglots homepage. December 2016.
Japan: English learning app Polyglots closes Series A round

Tokyo-based Polyglots, which has developed an English-language learning app for Japanese, in addition to Mondo, a Japanese-lanaguge learning app fro non-Japanese speakers, has secured Series A funding. Financial terms of the transaction are undisclosed.

Kompas Gramedia
Indonesia: Kompas Gramedia to acquire Scoop for undisclosed amount

Kompas Gramedia, Indonesia’s largest media group and bookstore chain, today announced that it has acquired Scoop, an emerging e-book startup. Scoop’s platform will complement Gramedia.com, the flagship e-commerce platform by Kompas Gramedia that sells stationary, household products and books. Scoop was launched in 2011 by Wilson Cuaca – who is… Read more »

Sukan Makmuri, CTO of Kudo, at Kudo's Headquarter in Jakarta. Photo by Antonia Timmerman
cicil
Indonesia: East Ventures invests undisclosed amount in startup Cicil

Indonesia’s early stage venture fund East Ventures has invested an undisclosed amount of seed funding into Cicil, a new financing platform for university students. The new investment will see Cicil accelerating its mission of bringing financial inclusion to students. Targeting credit consumption of university students, Cicil addresses the underserved student… Read more »

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Temple in Kiyomizu,Japan. Credit:Flickr/Caribb
Kudo is an online-to-offline (O2O) technology startup based in  Jakarta. Visual: Team Kudo
Indonesia: E-commerce startup Kudo raises funding from Emtek Group, others

Indonesian e-commerce startup Kudo announced today that it has raised an eight-digit funding in an investment round led by media conglomerate Emtek Group. Previous backers East Ventures, 500 Startups, Singapore Press Holdings, IMJ Investment Partners, and Skystar Capital also participated in the round, according to the company’s statement. Kudo CEO… Read more »