MDI Ventures
Investor - Venture Capital
Overview
MDI Ventures is an Indonesia-based venture capital investment company managed by Telkom Indonesia. The firm focuses its investment exclusively to Asia, and in 2016, the firm announced its inaugural venture fund of $100m.
Country: Indonesia
Founded: 2014
Headquarters: Jakarta, Jakarta Raya
Investment Strategy
Geography
- Asia
Sector Focus
- Payments and Remittances
- Infrastructure and Enterprise Software
Investment Stage
- Seed
- Series A
Summary
Metra Digital Innovation (MDI) Ventures is Indonesia telecom operator Telkom’s venture arm, and focuses predominantly on early to mid stage companies in Asia. Although it’s closely associated with Telkom Indonesia, it is it’s own separate entity with it’s own funding processes. Founded just last year, the company is headquartered in Jakarta with operations in Singapore and Silicon Valley.
As of November 2016, MDI Ventures announced it’s ready to pour $100m in investment into global and domestic FinTech startups within the span of the next four years, with the aim to disburse $25m per annum.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
Ematic Solutions
Series A
Walden International
Infrastructure & Enterprise Software
Singapore
Red Dot Payments
GMO Investment Partners
Payments & Remittances
Singapore
aCommerce
Series B
Blue Sky
Payments & Remittances
Indonesia
Ematic Solutions
Seed
Infrastructure & Enterprise Software
Singapore
Funds Raised
Vintage
Fund Name
Amount
MDI Ventures Fund I
$100m
Key Employees
Nicko Widjaja
CEO
Sandhy Widyasthana
Portfolio Director
William Gozali
Head of Investment
Kenneth Li
Head of Investor Relations
