In the Jakarta Ventures Night (JVN) 2012 which was held at the Grand Hyatt Hotel, East Ventures officially announced the two of their latest portfolio. Two startups are: Inapay and Jajalindo.
East Ventures (EV) is one of early stage investor who may be the most active in Indonesia. Some startups (which got their investment) have been discussed several times. East Ventures is one of Disdus investors, a daily service deal that got acquired by Groupon.
The announcement of this latest portfolio similar to what EV did when they officially announce their two new portfolios: Nightspade and TeknoUp in Jakarta Ventures Night 2011. For the 2012 JVN, they officially announced two portfolios again; so the total portfolio that they have now are 14, 11 from Indonesia and 3 from Singapore. In addition, there are 6 startups from Alpha Ventures East program, and they also make presentations in 2012 JVN.
Continue reading East Ventures Announces New Portfolio, Releases East Ventures Angels Network