Mandiri Capital Indonesia
Corporate VCJakarta · Seed–Growth · 1 people tracked
Find your way into Mandiri Capital Indonesia
3 people in our graph share verified history with the Mandiri Capital Indonesia team — schools, employers, funds. One of them is your warm intro.
Investment thesis
MCI positions itself as a strategic investment partner focused on long-term growth rather than capital alone. Since 2015 it has supported founders by connecting portfolio companies to the broader Mandiri Group ecosystem, offering access to roughly 42 million customers and an extensive industry network. The firm emphasizes strong governance and strict risk management, working alongside founders and management teams to build resilient, competitive businesses that create lasting impact for the wider ecosystem. It manages three funds — a Balance Sheet Fund, the Indonesia Impact Fund, and a BTN Fund — and highlights being the first Indonesian venture firm to require all employees to hold OJK-registered risk management certification.
Source: firm website, verified Aug 3, 2026.
Team · 1 people
from public directories
What they invest in
from 15 of 24 portfolio companiesFintech ×7SaaS ×4Consumer ×3Enterprise Software ×3AgTech ×2Data & Infrastructure ×2E-commerce ×2FoodTech ×2
HQs:Indonesia×14
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×72 founders×23 founders×1
Investments · 24 tracked
founders shown can be your intro pathBy year:2023 · 12022 · 12 dated
AgriAku is a technology-enabled agricultural supplies distributor operating across Indonesia, connecting farmers and agricultural businesses with affordable inputs and materials on-demand through an integrated distribution network.
AgTechB2B MarketplacesE-commerceLogistics & Supply ChainIndonesia, ID
Irvan Kolonas(Founder)inDanny Handoko(Founder)in
Co-investorsIndogen CapitalK3 VenturesTNBAuraAlpha JWC VenturesAlto PartnersArgor Capital+4 more
Amartha is an Indonesian digital financial services platform that provides working capital financing to women-run rural micro-businesses (MSMEs) and offers impact-oriented investment products to individuals and institutions.
FintechImpact & Social GoodMarketplaces
Andi Taufan Garuda Putra(Founder & CEO)in
Co-investorsAccionLendableZ Venture CapitalBEENEXT
AssistX develops artificial intelligence and computer vision technologies including proprietary video compression, generative AI for document processing, and AIoT integration for sensor and asset intelligence.
AI & Machine LearningData & InfrastructureDeep TechEnterprise SoftwareIoT
Bisma Manda Samsu(CEO & Founder)inDhidik Tri Wibowo(Chief Technology Officer)inMauritz Panggabean, Ph.D(Chief Scientific Officer)
Ayoconnect is Southeast Asia's largest Open Finance API platform that enables businesses of all sizes and industries to offer financial services to their customers.
Data & InfrastructureEnterprise SoftwareFintechSaaSJakarta, ID
Co-investorsAC VenturesPatamar CapitalpeerchequeSTRIVETaurus VenturesFinch Capital
Indonesian payments and open finance API provider offering direct debit, disbursement, bill payment and virtual card services.
Chiragh Kirpalani(Founder)in
Co-investorsColopl NextFinch Capitalpeercheque
PT Bukalapak.com Tbk operates an online shopping platform in Indonesia.
ConsumerFintechImpact & Social Good
Muhamad RasyidNugroho HerucahyonoinAchmad Zaky(Founder)inDian HaryokusumoinTeddy OetomoWillix Halimin
Co-investors500 Global500 Startups VietnamEndeavor CatalystRebright PartnersSC VenturesSpiral Ventures+3 more
Cakap is an Indonesian online learning platform offering interactive, two-way language classes in English, Mandarin, Japanese, Korean, and Indonesian taught by certified local and foreign teachers, including classes for children and corporate clients.
EdTechFuture of Work
Tomy Y.(Founder)in
Co-investorsKB InvestmentMDI Ventures
Delos Aqua farms and supplies king prawns sourced from Indonesia, positioning them as responsibly farmed seafood.
AgTechFoodTechJakarta, ID
Aris Noerhadi(Founder)
Co-investorsIndogen CapitalAlpha JWC VenturesiSeedMonk's Hill Ventures
DORÉ by LeTAO is a cake shop offering cakes such as cheesecake (its original Fromage cheesecake), chocolate cake, fruit cake, and red velvet to consumers.
ConsumerE-commerceFoodTechJakarta, ID
GoTo is an Indonesian technology group operating on-demand services (via Gojek), financial technology, and logistics across Indonesia and Singapore.
FintechLogistics & Supply ChainMobility & TransportationJakarta, ID
Hans Patuwo(CEO)
Co-investorsAtinum Investment Co. Ltd.Openspace VenturesPeak XV PartnersRakuten CapitalSBI Ven CapitalSCB 10X+7 more
Greenhope develops and produces patented, certified biodegradable and bio-based materials—Oxium (biodegradable additive), Ecoplas and Naturloop (cassava-based bioplastics)—used to make garbage bags, packaging, food trays, and utensils.
Circular EconomyCleantechClimate TechNew MaterialsJakarta, ID
Sugianto Tandio(Co-Founder)Tommy Tjiptadjaja(Co-Founder)in
iSeller offers a cloud-based point-of-sale system and business management tools for retailers and restaurants, running on Android, iOS, and Windows devices.
FintechRetail TechSaaS
Co-investorsIntudo VenturesKasikornbankOpenspace Ventures
Enterprise SoftwareHR TechSaaS
Samiaji Prasetya Adisasmito(Founder)in
Co-investorsElevate Innovation PartnersFinch CapitalGolden Gate Ventures
Digital financial services e-wallet platform initiated by Indonesian state-owned enterprises.
Co-investorsGrabMitsui & Co
Privy provides digital solutions for businesses, including digital signatures and document verification.
CybersecurityFintechSaaS
Marshall P.(Founder)in
Co-investors500 GlobalGranite AsiaParadigmRibbit CapitalSequoia Capital
Qoala is an online insurance platform that lets consumers compare and buy insurance products, including health, life, and car insurance.
ConsumerFintechInsurTech
Harshet Lunani(Founder & CEO)
Co-investorsAppWorks VenturesIndogen CapitalMDI VenturesSTRIVEAppWorksEurazeo+6 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
DORÉ by LeTAOGoTo GroupHorizonHorizongroupPTENPten Indonesia.CoYokke
Exits · 2
1 IPOs · 1 acquisitions · showing 1Jojonomicacq. by Mekari
Portfolio news
latest coverage across their companiesBukalapak · idnfinancials.com · Jul 29, 2026
AgriAku · dealstreetasia.com · Jun 2, 2026
GoTo · thediplomat.com · Nov 20, 2025
Frequently asked questions
- How many investments has Mandiri Capital Indonesia made?
- Mandiri Capital Indonesia has 24 tracked investments, 2 of which have exited.
- What stage does Mandiri Capital Indonesia invest at?
- Mandiri Capital Indonesia invests at the Seed, Series A, Series B, Growth stages.
- What is Mandiri Capital Indonesia's typical check size?
- Mandiri Capital Indonesia typically writes checks of $500K – $65M.
- What sectors does Mandiri Capital Indonesia focus on?
- Mandiri Capital Indonesia focuses on B2B Marketplaces, Enterprise Software, Fintech, SaaS.
- Where is Mandiri Capital Indonesia located?
- Mandiri Capital Indonesia is headquartered in Jakarta, ID.
- Who does Mandiri Capital Indonesia co-invest with?
- Mandiri Capital Indonesia most often shares deals with Indogen Capital, STRIVE, Finch Capital, among 33 tracked co-investors.
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