EV Growth

EV Growth

EV Growth is a joint venture capital fund created to focus on Indonesian startup industry

East Ventures Growth or EV Growth is a joint venture capital fund created to focus on Indonesian startup industry between East Ventures, SMDV, and Yahoo Japan Capital. SMDV is the venture capital arm of Indonesian conglomerate Sinar Mas. Roderick Purwana from SMDV, Shinichiro Hori from Yahoo Japan Capital, and Willson Cuaca from East Ventures co-founded the company in May 2018. The fund was launched in 2018 with a target of $150 million to bridge Southeast Asia’s Series B funding gap. The fund closed at $200 million on May 2019.

Timeline

Funded Companies

Company
Description
Industry
Website
Location
99.co

99.co is a Singapore-based company founded in 2014 by Darius Cheung, Yan Phun and Conor McLaughlin.

Tokopedia is a technology company providing a free online marketplace platform in Indonesia.

Traveloka is an online flight search engine for routes and airlines.

Ruangguru is an online education platform for students and teachers.

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People

Name
Role
LinkedIn

Roderick Purwana

Founding partner

Shinichiro Hori

Founding partner

Willson Cuaca

Founding partner

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

References

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