East Ventures Introduces Triawan Munaf as Venture Advisor
He is to help the company explore the best potential of Indonesia's startup for regional expansion
Randi Eka - 4 February 2020
Today (2/4), East Ventures announces Triawan Munaf to join boards of leaders as Venture Advisor. He will be occupied to help the company explore the best potential of Indonesia's startups and hands-on to help the business perform regional expansion.
"Mr. Munaf shared the same value as East Ventures. As for his experience and capabilities, we expect to develop Indonesia's digital economy better and faster," East Ventures' Co-Founder & Managing Partner, Willson Cuaca said.
Entering the second decade, East Ventures aims to list more companies on the portfolio and expects to create a greater impact on the currently growing Indonesia's startup ecosystem.
East Ventures' managed funds, consists of early-stage fund and growth fund, have advanced into US$1.2 billion assets. The company also participated in 20 exits within the last decade.
"I'm happy to join the leading venture capital with aligned vision with mine, it is to build a sustainable business ecosystem and create a more inclusive digital economy for the better nation," Munaf added.
Aside from East Ventures, the former Bekraf's executive is also appointed as Garuda Indonesia's President Commissioner. He's also trusted as the Honorary Advisor to the Minister of Tourism and Creative Economy in the merger of the Ministry of Tourism and Bekraf.
–Original article is in Indonesian, translated by Kristin Siagian