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2018 News Archived

Jul 25, 2018 Kredivo raises $30M to build a digital credit card for Southeast Asia
The company launched its ‘Kredivo’ service two years ago to help consumers pay online in Southeast Asia, where credit card penetration is typically low, and it is essentially the combination of a digital credit card and PayPal.
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Jun 21, 2018 Indonesia's Biggest Fund Shares all About The Country's Startup Ecosystem
It’s the world’s fourth most populous country, with an economy standing tall at 16th largest in the world. And now, Indonesia is fast developing a start-up ecosystem that could be of envy to others.
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Jun 20, 2018 Roambee raises $2 million to secure internet of things supply chain
Roambee uses the internet of things, or making everyday objects smart and connected, to help companies track assets through the supply chain. Now the Santa Clara, California-based startup has raised $2 million from MDI Ventures, Telkom Indonesia’s corporate venture capital firm.
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Apr 24, 2018 Investors Betting on Already Winning Horses in Indonesia: MDI Ventures’ Widjaja
As the Indonesian government continues to make serious efforts to attract startups to be listed at the Indonesian Stock Exchange (IDX), it will have to fight off a new trend in startup consolidation which may prove to be a preferred exit option for startups, according to MDI Ventures CEO Nicko Widjaja.
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Apr 22, 2018 Corporate funds will shake up Indonesian VC model
Injecting capital into a nascent market is no longer enough to succeed. Traditional venture capital funds are slowing in Indonesia's technology sector, despite a digital boom.
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Mar 12, 2018 Indonesia’s MDI Ventures leads $10m funding round in Australia’s Whispir
Indonesian venture capital MDI Ventures on Monday announced that it has led a $10-million post-Series A funding round in Australian cloud communication platform Whispir.
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Feb 13, 2018 Adtech startup Postr closes $2.5m round led by Singapore’s Koh Boon Hwee
The round was joined by MDI Ventures, the corporate venture capital (CVC) arm of Southeast Asian telecom operator Telkom Indonesia, and return backers NZVIF (The New Zealand Venture Investment Fund) and Sir Stephen Tindall’s K1W1.
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Jan 27, 2018 First Indonesia Startup in Silicon Valley: Payfazz
Since we’ve first started our journey in 2016, we’re committed to empower Indonesia’s startup ecosystem. Our philosophy is “more scale-ups, not start-ups” when it comes to growing home talents. Thus, when we set up Silicon Valley - Indonesia connection, we realized that it has to be a ‘dual-track’ (so to speak).
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