MDI Ventures

MDI Ventures

MDI Ventures is the corporate venture capital initiative by Telkom Indonesia focusing on early and mid stage companies, particularly in the Southeast Asia region.

About MDI Ventures

MDI is a corporate venture capital initiative by Telkom Indonesia which is based in Jakarta with operations in Singapore and Silicon Valley. It is set as an independent entity with its own funding processes.

MDI uniquely combines a VC model with services in providing companies from Telkom Group with access to operational assistance and help in building startups’ growth engine after making a financial investment

The focus of their investments are on high growth business verticals to enhance digital experience and provide excellent services that lead to an unparalleled customer experience, such as:

Digital Ads, Payment Solutions, Cloud Computing (Building coherence with existing Telkom Group’s business portfolios).

Big Data, Media Services, Digital Life, Mobile Apps, E-Commerce (Leveraging growth through Telkom’s new initiatives in product development).

Forms of Future Communications and Internet of Things (Investing in the future's technologies that may reshape Telkom’s current business units).

They work closely with global accelerators and venture firms to bring proprietary technologies from other mature markets into various businesses of Telkom Indonesia.

Team

Joshua Agusta
Joshua Agusta Head of Investment Portfolio Jan, 2017 - Present

Previous Investments

COMPANY
ROUND
ROUND SIZE
DATE
Round: Venture Round
Round Size: -
Date: Jul, 2019
Round: Venture Round
Round Size: $25M
Date: Mar, 2019
Round: Series B
Round Size: $30M
Date: Jul, 2018
Round: Series C
Round Size: $4M
Date: Jun, 2018
Round: Series A
Round Size: $10M
Date: Mar, 2018
Round: Series B
Round Size: $5.2M
Date: Sep, 2017
Round: Series B
Round Size: $8.15M
Date: Jun, 2017
Round: Seed
Round Size: $500K
Date: Apr, 2017
Round: Series A
Round Size: $2.4M
Date: Mar, 2017
Round: Series A
Round Size: $6.3M
Date: Feb, 2017
Round: Seed
Round Size: -
Date: Oct, 2016
Round: Venture Round
Round Size: -
Date: Aug, 2016
Round: Venture Round
Round Size: -
Date: Jul, 2016
Round: Seed
Round Size: $1M
Date: Feb, 2016