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East Ventures Collaborates with Startups and Government to Raise Funds

East Ventures Collaborates with Startups and Government to Raise Funds

The IDPB Keeping Oxygen Movement was started by East Ventures, supported by the Ministry of Health (Kemenkes) of the Republic of Indonesia, the Embassy of the Republic of Indonesia (KBRI) in Singapore, and various Indonesian diaspora in Singapore.

Indonesia PASTI BISA (IDPB) has started a fundraising campaign of US$ 1 million or equivalent to IDR 14.5 billion to donate at least 1,000 oxygen concentrators to hospitals in Indonesia.

The number of daily new cases of Covid-19 in Indonesia recorded a record above 40,000 Monday (12/7).

The soaring number of cases resulted in the availability of oxygen in the country running low. Hospitals and health facilities are also having trouble getting oxygen supplies.

East Ventures Collaborates with Startups and Government to Raise Funds

In addition, the distribution or distribution of oxygen cylinders is also experiencing problems because some regions don’t have oxygen distributors.

The process of mobilization and distribution also takes time, when all hospitals need immediate oxygen at the same time.

According to the government, the oxygen supply system can run smoothly by ensuring that there are no obstacles from production to distribution.

The distribution according to need and an effective procurement system is the key to meeting oxygen needs throughout Indonesia.

IDPB Jaga Oxygen was initiated to help the government and hospitals in Indonesia get and distribute oxygen supplies quickly.

After previously successfully raising funds to produce Covid-19 test kits and providing personal protective equipment (PPE) for medical personnel, IDPB Jaga Oxygen will use the collected funds to provide 1,000 oxygen concentrators.

IDPB Jaga Oxygen will help hospitals get oxygen supplies quickly. In addition, the public can participate in donating funds by accessing indonesiapastibisa.com/jaga-oksigen/.

Prioritizing the Principles of Transparency, Accountability, and Targeting

Fundraising will be open from July 12, 2021, at 9:00, am to July 26, 2021, at 9:00 am. IDPB Keep Oxygen is run based on the principles of transparency, accountability, and right on target.

East Ventures will ensure that each partner works optimally according to principles and results-oriented, including the progress and results of the project will continue to be monitored.

Bonza, a big data analytics company, uses a data platform to map and predict the amount of oxygen demand across Indonesia.

East Ventures Collaborates with Startups and Government to Raise Funds

An end-to-end system allows the integration of all tracking platforms to be transparent and has optimal reliability throughout the entire process.

In addition, Xendit and KoinWorks, which are financial technology (fintech) companies, also joined as partners in providing and managing the crowdfunding platform.

Later, the funds that have been collected will be directly distributed to purchase oxygen concentrators to accelerate the supply of oxygen for Covid-19 patients. The use of funds will also be audited by a third party.

Next, there is Waresix, a technology-based logistics company that joins as a partner to provide oxygen concentrator warehouses. This startup is also tasked with delivering oxygen concentrators to hospitals in need.

Advotics, a supply chain management SaaS software startup, is a partner to track oxygen concentrators from the purchase stage to the destination hospital.

Meanwhile, IDN Media conveys information on developments and teamwork results every week. Each donation will also be entered and displayed in detail on the IDPB website.

Gerakan Indonesia PASTI BISA is Eexpected to Create a Bigger Effect

The Minister of Health of the Republic of Indonesia, Budi Gunadi Sadikin said that he also supported the Indonesian PASTI BISA movement from startup friends, the Indonesian diaspora and the wider community.

East Ventures Collaborates with Startups and Government to Raise Funds

Considering that the government is currently chasing time, where every measured and massive movement will greatly help suppress the spread of cases.

“Hopefully this transparent donation and logistics system will be sustainable, and can be a small part of the health sector reform launched by the Ministry of Health,” Budi said in an official statement, Monday (12/7).

Willson Weather said, the Indonesian Movement PASTI BISA is an integrated, measurable, transparent and accountable movement. By gathering strength together, he hoped to be able to create an even greater effect.