Indonesia: MCI to inject $15m into startups next year
Corporate venture capital (CVC) firm Mandiri Capital Indonesia (MCI) will inject up to Rp 200 billion ($15 million) into four to five startups next year, its president director Eddi Danusaputro told...
View ArticleIndonesia: Bank Central Asia launches VC unit, to invest $15m in fintech
Indonesia’s largest private bank Bank Central Asia (BCA) has launched a venture capital business unit called Central Capital Ventura (CCV), joining the race to use financial technology (fintech)...
View ArticleIndonesia: Mandiri Capital seeks SEA expansion, lobbying with govt to relax...
Mandiri Capital Indonesia (MCI), the corporate venture capital (CVC) of state-owned Bank Mandiri, said that it is looking to expand regionally this year, and is in dialogue with the authorities to...
View ArticleIndonesia: Mandiri Capital leads series-A round in P2P startup Amartha
Mandiri Capital Indonesia, the investment arm of state-owned Bank Mandiri, has led a series-A funding round into Amartha, a peer-to-peer (P2P) lending platform for small and medium enterprises....
View ArticleMandiri Capital Indonesia invests $2m in payments startup Cashlez
Mandiri Capital Indonesia (MCI), the venture capital arm of state-owned Bank Mandiri, has led a $2-million investment into payment startup Cashlez, the company announced on Wednesday. Other investors...
View ArticleFunding activity slowed & investable startups decreased in H1, Indonesia’s...
VC funding activity in the Indonesian startup market slowed in the first half of 2017, many local VCs observed, noting a ‘significant’ decrement in the number of investable startups, during a panel...
View ArticleExclusive: Indonesia’s e-signature startup PrivyID raising $5m Series A led...
Digital signature platform PrivyID, branded as Indonesia’s answer to DocuSign, is in the process of raising a $5-million Series A funding round led by existing investors MDI Ventures and Mandiri...
View ArticleMandiri Capital Indonesia looks beyond home ground to fund startups
Leading the venture capital wave among banking institutions in Indonesia, Mandiri Capital Indonesia (MCI), the VC arm of the country’s largest lender by asset Bank Mandiri, says it is now looking to...
View ArticleBeenext-backed Indonesian P2P lender Amartha targets to raise Series B round...
Indonesian peer-to-peer lending platform Amartha has revealed that it is currently in talks with investors to raise a series B round of funding which is expected to be closed in the second quarter of...
View ArticleIndonesian P2P lender Investree raises Series B round led by SBI Holdings
Indonesian P2P firm Investree has announced the closing of a Series B investment in a round led by SBI Holdings and joined by Mandiri Capital Indonesia, Persada Capital, Endeavor Catalyst, 9F Fintech...
View ArticleMandiri Capital-backed Cashlez in talks to raise fresh $5m funding round
Indonesian mobile point-of-sale (mPOS) developer Cashlez is in talks with potential investors to raise a fresh funding round of around $5 million, DEALSTREETASIA has learned from sources familiar with...
View ArticleIndonesian P2P lender KoinWorks raises $16.5m Series A led by Mandiri Capital
KoinWorks, an Indonesian peer-to-peer lending platform, has raised an S$22.5 million ($16.5 million) Series A led by Mandiri Capital Indonesia, the venture capital arm of Bank Mandiri, according to an...
View ArticlePeople Digest: Mandiri Capital’s Hartanto joins MDI; New role for...
In the latest people news in the region, Indonesia’s MDI Ventures has recruited former Mandiri Capital Indonesia (MCI) head of investment, Aldi Adrian Hartanto, as head of Strategic Innovation, while...
View ArticleIndonesia’s Mandiri Capital seeks to raise up to $100m for new venture fund
Mandiri Capital Indonesia, the VC arm of the Indonesian state-owned lender Bank Mandiri, is seeking to raise a venture fund with a target size of around $50-100 million, CEO Eddi Danusaputro told...
View ArticleIndonesia’s Mandiri Capital eyes deals beyond fintech, says CEO Eddi Danusaputro
Having built a reputation of being one of Indonesia’s main fintech-focused investors over the last three years, Indonesia’s first bank CVC, Mandiri Capital Indonesia, says it has started to look beyond...
View ArticleIndonesia’s SME-focused startup Mekari bags Series A funding from East...
Indonesia’s Mekari, which was formed after the merger of four SME-focused SaaS startups, has raised Series A funding from investors including East Ventures, Mandiri Capital Indonesia and Money Forward...
View ArticleIndonesian fintech startup Halofina snags pre-Series A funding
Indonesian financial management startup Halofina has raised an undisclosed amount in a pre-Series A funding round led by Mandiri Capital Indonesia and backed by Finch Capital. The deal counts as the...
View ArticleMandiri Capital ropes in former MDI veep Agusta to lead new venture fund
Mandiri Capital Indonesia, the venture capital arm of state-owned lender Bank Mandiri, has appointed Joshua Agusta, a former VP of Investments at MDI Ventures, as director. According to his LinkedIn...
View ArticleIndonesia’s P2P industry sees growing interest as alternative investment...
Institutional investors such as banks and investment management firms are increasingly flocking to peer-to-peer lending platforms in Indonesia to deploy their funds, as they hunt for higher returns...
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