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MDI Ventures

Corporate VCActive

MDI is a corporate venture capital initiative by Telkom Indonesia, based in Jakarta with operations in Singapore and Silicon Valley

Jakarta, IndonesiaFounded 2020mdi.vc/
42
Investments
2
Exits
$1B
AUM
4.8%
Exit Rate

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Investment Thesis & Strategy

MDI Ventures, as a CVC backed by Telkom Indonesia, invests in various stages of tech companies, with a focus on Southeast Asia and Silicon Valley, aiming to leverage strategic synergies with its parent company.

Investment Activity

Deals per year over the last 4 years

1
2018
5
2019
0
2020
6
2021

Portfolio Companies

Selected investments from their portfolio of 42 companies

P
Pine Labs
Fintech · Growth, 2021
Active
X
Xendit
Fintech · Series B, 2021
Active
G
GoTo Group
Marketplaces · Growth, 2021
Active
A
Ajaib
Fintech · Series B, 2021
Active
F
Flip
Fintech · Series B, 2021
Active
S
Shipper
Logistics · Series B, 2021
Active
K
Kargo Technologies
Logistics · Series A, 2019
Active
C
C88 Financial Technologies
Fintech · Series B, 2019
Active
I
Investree
Fintech · Series B, 2019
Active
K
Kata.ai
AI/ML · Series A, 2019
Active
H
Halodoc
Healthcare · Series B, 2019
Active
W
Warung Pintar
E-commerce · Series A, 2018
Active

Notable Exits

CompanyTypeYearValue / Acquirer
KredivoAcquisition2023
GrabIPO2021$40B

Frequently Asked Questions

MDI Ventures focuses on Series A, Series B stage investments.

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