East Ventures names ex-Indies Capital exec as venture partner

East Ventures, a VC firm focused on early and growth-stage startups, has appointed Avina Sugiarto as a venture partner.

Sugiarto comes with over 12 years of experience in investing across alternative assets including venture capital, private equity, private credit, and special situations across industries from technology, property, logistics, and natural resources to consumers and financial services.

Before joining East Ventures, she was a senior vice president at Indies Capital Partners, where she was responsible for deal sourcing, analysis, execution, and fundraising across investment products.

She was also a key member of the investment partnership with Minneapolis-headquartered Varde Partners, a US$15 billion global alternative asset manager.

At East Ventures, Sugiarto will be in charge of investing in growth-stage tech firms and further drive sustainability and integration of environmental, social, and governance practices in the VC firm’s portfolio.

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“Avina is no stranger to East Ventures,” said Willson Cuaca, co-founder and managing partner at East Ventures. “We have been working closely with her on many successful projects, and we’re looking forward to working even closer to address huge opportunities in Indonesia.”