Fundraising Fox

MDI Ventures

Corporate VC

Jakarta · Pre-Seed–Growth · 11 people tracked

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Investment thesis

MDI Ventures, the venture arm of Telkom Group, invests in technology startups across sectors including aquaculture, logistics, insurtech, AI/data orchestration, loyalty and rewards, digital identity, and travel management. Beyond financial returns, the firm applies an impact framework to prioritize companies with a clear theory of change, strong governance and data protection, and social-environmental missions that benefit broad communities. Its investments align with Telkom Group's long-term strategy of building an inclusive, sustainable digital ecosystem that supports national development goals.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Growth
Check
$500K – $75M
HQ
Jakarta, MA, ID
Leads rounds
Leads
Instruments
Equity
Founded
2014
AUM
$830M
Tracked investments
17

Team · 11 people

from the firm's website & public directories
Kyle Kling· Head of Investments
Winston Adi· Vice President of Portfolio Management

What they invest in

from 3 of 17 portfolio companies

E-commerce ×1Enterprise Software ×1Healthtech ×1Logistics & Supply Chain ×1Marketing Tech ×1Retail Tech ×1SaaS ×1Wellness & Fitness ×1

HQs:Singapore×1United States×1

Investments · 17 tracked

founders shown can be your intro path
aCommerceacommerce.asiain✓ verified

aCommerce is an end-to-end e-commerce enablement and service provider for global consumer brands in Southeast Asia, offering localized solutions including fulfillment, online sales channels, and analytics tools such as its BrandIQ measurement suite.

E-commerceLogistics & Supply ChainRetail TechSingapore, SG

Paul SrivorakulTom SrivorakulJohn Srivorakul

(Antara News)antaranews.com𝕏
AIOSaiosmedical.comin𝕏

AIOS builds software infrastructure for consumer healthcare that automates clinical workflows and patient management, currently operating brands like Bolt Pharmacy and Fella Health that deliver treatment at scale with minimal human intervention.

HealthtechWellness & FitnessSan Francisco, US

Richie Cartwright(Founder)in

Cyfirma

Cybersecurity company providing Cyber Threat Intelligence (CTI) capabilities, integrated into Telkom Solution's portfolio.

Delos

Sustainable aquaculture technology company.

Ematic Solutionsematicsolutions.comin

Ematic Solutions is a digital marketing consultancy that helps companies adopt and implement marketing technologies and end-to-end services.

Enterprise SoftwareMarketing TechSaaS

Goers

Ticketing and experience management platform managing over 6.5 million tickets.

Good Doctor

Indonesian B2B2C telehealth platform offering online doctor consultations, an online pharmacy (Health Mall), and offline appointment booking at partner hospitals.

IDRX
Opsigo
Paxel

Logistics company offering delivery services and a Paxel Recycle program using reusable ALVAboard packaging.

Pitik

Indonesian poultry startup that sells chicken feed to smallholder farmers, buys back the grown chickens, and distributes them to wholesalers and wet markets, while offering free IoT coop-monitoring technology.

Privy
Qoala

Insurtech company; recorded 445 million microinsurance policies in 2024.

Tada

Loyalty and rewards platform reaching around 2 million SME merchants.

Volantis

AI and data orchestration company.

Whale

Frequently asked questions

What stage does MDI Ventures invest at?
MDI Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What is MDI Ventures's typical check size?
MDI Ventures typically writes checks of $500K – $75M.
What sectors does MDI Ventures focus on?
MDI Ventures focuses on AgTech, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Cloud Computing, Cybersecurity, Data & Infrastructure, Digital Health, EdTech, Energy, Enterprise Software, Fintech, Healthtech, Impact & Social Good, InsurTech, IoT, Logistics & Supply Chain, Medical Devices, SaaS, Space Tech, Travel & Hospitality.
Where is MDI Ventures located?
MDI Ventures is headquartered in Jakarta, ID.
Does MDI Ventures lead rounds?
Yes, MDI Ventures leads investment rounds.

Co-investors · 5

Partech Ventures

Partech is a global investment firm that supports founders at every stage through dedicated teams and multiple funds across several continents.

$200K – $50M
Quona Capital

Quona Capital is a venture capital firm that invests in fintech companies expanding financial access in emerging markets across Latin America, India, Southeast Asia, and EMEA.

$5M
Finch Capital

Finch Capital is a venture capital firm focused on European fintech and payments infrastructure, backing companies building an independent European payments ecosystem based on bank rails rather than card networks.

$5.4M – $16.2M
Alpha JWC Ventures

Alpha JWC Ventures is a Southeast Asia-focused venture capital firm that, over its first decade, has backed founders in building transformative businesses across the region.

$1.5M – $139M
Golden Gate Ventures

Golden Gate Ventures is an early-stage venture capital firm that has invested in founders across Southeast Asia since 2011.

$473K – $60M

Firms observed investing alongside MDI Ventures, from public investor directories. Shared companies are the overlap with MDI Ventures's recorded portfolio.

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