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East Ventures Most Aggressive in Funding Indonesian Startups

15/11/2016 16:36 WIB

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Most Active Venture Capital Firms in Q2 2016

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Most Active Venture Capital Firms in Q2 2016

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East Ventures was the most active venture capital firm in the second quarter (Q2) of 2016. At least six startups—iGrow, Kargo, Limakilo, Moka, Loket, and LocalBrand—received funding.

In addition to Q2 2015, the venture capital firm was already the most aggressive investor in Indonesia. In 2015, 30 startups were funded by East Ventures. No fewer than 70 startups have been funded by East Ventures since 2010. Well-known startups such as Traveloka, BerryBenka, Tokopedia, and Scoop received funding from this venture capital firm.

Meanwhile, Convergence Ventures funded three startups in the second quarter of 2016: Nida Rooms, Moka, and Seekmi. The remaining venture capital firms invested in only one or two startups.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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East Ventures Most Aggressive in Funding Indonesian Startups

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East Ventures Most Aggressive in Funding Indonesian Startups

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