{"id":20283,"date":"2019-08-26T09:14:47","date_gmt":"2019-08-26T09:14:47","guid":{"rendered":"https:\/\/www.englishforums.com\/news\/?p=20283"},"modified":"2019-08-26T09:14:47","modified_gmt":"2019-08-26T09:14:47","slug":"east-ventures-usd75-million-investment","status":"publish","type":"post","link":"https:\/\/www.englishforward.com\/news\/east-ventures-usd75-million-investment\/","title":{"rendered":"Temasek helps East Ventures secure USD 75 million investment"},"content":{"rendered":"<p><b>Temasek, one of the leading funds in Singapore, has decided to back <\/b><a href=\"https:\/\/east.vc\/\" target=\"_blank\" rel=\"noopener\"><b>East Ventures<\/b><\/a><b> in securing more than seventy million dollars (USD 75 million) in investments.<\/b><br \/>\n<span style=\"font-weight: 400;\">East Ventures, a venture capital (VC) company headquartered in Jakarta, has attracted a number of prominent investors from all over the world. <\/span><b>The goal of the funding is to provide support for start-up companies in Indonesia.<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><br \/>\n<span style=\"font-weight: 400;\">The VC spiked the interest of prominent figures in the tech and business world like Facebook co-founder Eduardo Saverin. Other important names include two of the largest conglomerates in Indonesia &#8211; Emtek and Sinar Mas.<\/span><br \/>\n<b>According to East Ventures, investment partners were selected carefully, as they needed to have an interest in supporting the start-ups throughout the initial phase of their development.<\/b><span style=\"font-weight: 400;\"> The main focus of the VC&#8217;s investment falls in the technology and digital sectors.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">East Ventures bets on digital<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Some of the most prominent past investments of the venture capital firm include Traveloka, an online travel bookings platform.<\/span><br \/>\n<b>Digital businesses are becoming more popular, as a large percentage of the world population is now connected to the Internet.<\/b><span style=\"font-weight: 400;\"> There is a tendency towards emphasizing on technological and digital developments in <\/span><a href=\"https:\/\/www.englishforums.com\/news\/spotlight-digital-education-for-schools\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">schools<\/span><\/a><span style=\"font-weight: 400;\">. These sectors are the future of business and economy.<\/span><br \/>\n<span style=\"font-weight: 400;\">Considering this, it is no surprise that East Ventures is betting on the young minds and aspiring entrepreneurs in the digital and technology sectors.<\/span><br \/>\n<span style=\"font-weight: 400;\">The possibilities for success and development in these niches is virtually infinite, as experts have claimed that digitalization is the fourth industrial revolution.<\/span><br \/>\n<b>Indonesia and the whole of Southeast Asia are witnessing a serious rise in investments made in tech and digital companies.<\/b><span style=\"font-weight: 400;\"> East Ventures is undoubtedly on the right track with their focus set on these industries.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Temasek, one of the leading funds in Singapore, has decided to back East Ventures in securing more than seventy million dollars (USD 75 million) in investments. East Ventures, a venture capital (VC) company headquartered in Jakarta, has attracted a number of prominent investors from all over the world. The goal of the funding is to [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":20284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[28,13],"tags":[444,450,1409,1433],"_links":{"self":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/20283"}],"collection":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/comments?post=20283"}],"version-history":[{"count":0,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/posts\/20283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media\/20284"}],"wp:attachment":[{"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/media?parent=20283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/categories?post=20283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.englishforward.com\/news\/wp-json\/wp\/v2\/tags?post=20283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}