East Ventures is one of the most prominent venture capital firms active in southeast Asia, with more than $835 Million invested in companies all over the globe, they invest mainly in early-stage, series A, series B, and series C Rounds. To date, they have invested in more than 300 companies and have aided in tremendous growth in the majority of their portfolio.
Their recent growth plus fund closed with a sum of $250 Million, which was targeted for companies in their folio which showed promise and growth potential. With these investments, East Ventures is poised to drive growth and innovation sustainably. Six of the companies from their portfolio have been featured in the “Forbes Asia 100 to Watch 2023” list.
Here are some of their most prominent investments which are performing well.
Chickin is a poultry startup that focuses on maintaining chicken grill production through the use of an IoT system and cage application management until the best quality is delivered to customers.
Their vision is to end hunger and promote sustainable agriculture while simultaneously ensuring the good health and well-being of its customers. They currently aid more than 9,800 poultry farmers.
Cosmart is Indonesia's first membership-based e-commerce platform for necessities. Cosmart's vision is to assist users in better planning their lives, with a mission to provide high-quality products at the lowest possible price for users' household and office needs. This allows users to focus on more important things in life by saving time, money, and mental energy.
They desire to promote inclusive and sustainable economic growth while seeking to build robust infrastructure and fostering innovation.
Fresh Factory is a cold chain fulfillment and enabler in the most strategic neighborhoods of major cities across the country, providing services such as cold chain decentralized storage, pick-and-pack activities, and last-mile delivery. With the rapid growth of the services, it has become the only end-to-end solution for businesses such as e-commerce, retail, and other "customizable" fulfillment.
Gokomodo is an Indonesian B2B agribusiness supply chain and services company. Gokomodo aims to make high-quality agri-input products available at competitive prices to agribusiness stakeholders by leveraging physical infrastructure and digital technology, to empower smallholder farmers and the rural economy.
Agribusiness is Indonesia's second largest contributor to GDP, accounting for more than 42 million hectares and a total market of around US$ 30 billion in procurement inputs. Despite its size, the supply chain is highly fragmented and inefficient, making it difficult for corporates and smallholder farmers alike to access high-quality agricultural inputs such as fertiliser and tools on a consistent basis.
TipTip is the platform of choice for content creators looking to engage and monetize their audiences. TipTip aims to accelerate creators' income-earning opportunities as the Southeast Asian creator economy grows by introducing innovative ways for creators to engage directly with their supporters through interactive video sessions.
TipTip aspires to be the go-to platform for creators looking to monetize their passions through personalized video sessions, the sale of premium digital content, and direct interaction with their followers. It also serves as a solution to the massive feature gap faced by content creators across Southeast Asia's emerging economies, such as a lack of monetization opportunities, limited local payments and KYC integrations, and challenges related to content creation and distribution via mobile devices.
East Ventures are always on the lookout for promising startups to invest in, so if you have a promising startup looking for Investment, they are open to pitches.