Mandiri Capital Indonesia
Corporate VCJakarta · Seed–Growth · 1 people tracked
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 10 of 24 portfolio companiesFintech ×3SaaS ×3Enterprise Software ×2FoodTech ×2AgTech ×1AI & Machine Learning ×1B2B Marketplaces ×1Circular Economy ×1
HQs:Indonesia×9
Investments · 24 tracked
founders shown can be your intro pathAssistX Enterprise provides AI-driven software for enterprises, including a data-processing suite, AI-powered video surveillance and livestream compression, data compression to reduce storage and bandwidth, and IoT-based real-time monitoring.
AI & Machine LearningEnterprise SoftwareIoT
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
Delos Aqua farms and supplies king prawns sourced from Indonesia, positioning them as responsibly farmed seafood.
AgTechFoodTech
Manufacturer and distributor of cakes and baked goods, based in Jakarta.
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 a super-app platform in Southeast Asia providing on-demand services, financial technology, and ecosystem solutions for merchants, drivers, and consumers.
B2B MarketplacesFintechMarketplacesJakarta, ID
Indonesian tech ecosystem formed in 2021 through the merger of Gojek and Tokopedia.
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)
Tech-driven omnichannel consumer goods company, based in Singapore.
Digital financial services e-wallet platform initiated by Indonesian state-owned enterprises.
Service institution under Bank Indonesia's National Payment Gateway (GPN).
PT Mitra Transaksi Indonesia, a technology-based payment services provider.
Portfolio news
latest coverage across their companiesGoTo · thediplomat.com · Nov 20, 2025
Frequently asked questions
- 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.
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