East Ventures

Mercari, a Japanese unicorn e-commerce start-up buys local rival Zawatt


Japan’s e-commerce unicorn Mercari, has reached an agreement to buy its local competitor Zawatt.

Dah Makan app
Indonesia: Moka gets $2m from in Mandiri Capital-led round

Point-of-sale app operator Moka has just received $2 million in a funding round led by Mandiri Capital, with participation from Convergence Ventures, East Ventures, Fenox VC, and Northstar Group, according to an announcement today. The investment followed a $1.9 million, East Ventures-led series A round obtained by Moka in June… Read more »

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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 »