Mandiri Capital Indonesia

Mandiri Capital Indonesia (MCI) is the corporate venture capital arm of Bank Mandiri, established in 2015 to drive innovation and collaboration within Indonesia's financial ecosystem. MCI focuses on investing in fintech startups, aiming to accelerate digital transformation and promote financial inclusion across the country. By leveraging Bank Mandiri's extensive resources and network, MCI provides strategic support and funding to early-stage companies, fostering growth and innovation.

MCI's investment strategy encompasses various stages, including seed, early, and growth stages, with investments ranging from $1 million to $10 million. The firm targets a diverse array of industries, such as financial services, technology, healthcare, education, retail and consumer, digital marketing, green tech, property tech, AI-based solutions, and software as a service (SaaS). This broad focus enables MCI to identify and support startups with high growth potential that align with its mission to enhance digital banking services and financial inclusion in Indonesia.

Since its inception, MCI has built a portfolio of 18 startups, including notable companies like Amartha, PrivyID, Mekari, PTEN, and Yokke. These investments reflect MCI's commitment to fostering innovation and collaboration within Indonesia's digital ecosystem. By connecting startups with the Mandiri Group, MCI facilitates synergies that drive transformation and empower founders with mentorship and resources, contributing to the long-term success of both the startups and Indonesia's economy.