Fireside chat with Donald Wihardja, CEO, MDI Ventures |
MDI Ventures, the corporate venture capital arm of Telkom Indonesia, straddles the pre-seed to Series C and above investment stages through multiple funds that draw from the parent’s balance sheet as well as external investors. With three unicorns and 11 exits under its belt, MDI Ventures operates five active funds and has 50+ firms in its portfolio. From 2020, the corporate VC also stepped up its focus on five fast-growing sectors: Healthcare, fintech, logistics, new consumer retail and food tech. As global strategics, VC and PE investors up their ante in Indonesia, MDI Ventures feels its multiple-fund approach allows it to tap opportunities across the board efficiently. MDI Ventures CEO Donald Wihardja will speak to us about the firm’s investment strategy, finding synergies with the parent entity, and operating multiple funds. We will also touch upon the impact of the growing inflow of capital into Indonesia’s tech ecosystem leading up to frothier valuations and intensified competition for a limited basket of deals. |