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About Mandiri Capital Indonesia

Mandiri Capital Indonesia (MCI) is the Corporate Venture Capital arm of Indonesia’s largest financial group, Bank Mandiri. We invest in early to late stage startups and bridge them with Mandiri Group and Indonesia’s State Owned Enterprise ecosystem. Currently, we operate several funds, namely the Balance Sheet Fund, Merah Putih Fund, Global Climate Tech Fund, and BTN Fund. We are committed to build strategic partnerships to accelerate innovation in the Indonesian digital ecosystem. After successfully establishing a strong presence in Indonesia, we plan to venture globally and establish regional presence. Since our founding in 2015, we have facilitated numerous investments and fostered robust partnerships between our portfolio and Mandiri Group. We supports startups through various value creation initiatives such as Xponent for business matchmaking, Xchange for innovation benchmarking, Y-Axis for networking, and Zenith for business acceleration.

Company website

Mandiri Capital Indonesia's Startup Report

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