East Ventures on Instagram: "We are very elated to announce that @asumsico, Indonesia's multi-platform digital media company, has secured US$ 700,000 of funding from East Ventures. The investment aims to further expand Asumsi’s media operation and escalate the engineering team to create a more interactive platform. Asumsi is targeting to launch a live streaming platform by mid 2022. The platform is easily customized to tailor the needs of the streamer, and audiences can access interactive features such as tipping, Q&A, and quiz maker. The platform is intended to be available for public use. Leveraging its content production and storytelling skills, Asumsi is able to respond to the public need in getting quality content and capturing the market potential. An uptick in digital media consumption amidst COVID-19 pandemic showed that digital media have proven more attractive to audiences and advertisers. “Asumsi keeps growing to provide quality stories to Indonesians. We believe that the innovations in journalism from Pangeran and Asumsi team will create a greater space for diversity and democracy in Indonesia,” said Willson Cuaca, Co-founder and Managing Partner of East Ventures. Read more of the funding news at: bit.ly/ev-asumsi-funding #EastVentures #Asumsico #EastVenturesPortfolio"