Organization · Corporate Venture Capital

PT. Mandiri Capital Indonesia (MCI)

PT. Mandiri Capital Indonesia (MCI) is the corporate venture capital arm of Bank Mandiri, based in Jakarta. It invests in innovative startups, primarily in the fintech sector, providing capital and access to a vast customer network.

Corporate Venture CapitalFunder

Overview

What PT. Mandiri Capital Indonesia (MCI) does

What PT. Mandiri Capital Indonesia (MCI) is

PT. Mandiri Capital Indonesia (MCI) is the corporate venture capital arm of Bank Mandiri, based in Jakarta. It invests in innovative startups, primarily in the fintech sector, providing capital and access to a vast customer network.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Corporate Venture Capital
Founded
Founded in 2015
Approximate age
About 11 years
Structured capabilities
Funder
Last reviewed
May 3, 2026

Official channels

Find PT. Mandiri Capital Indonesia (MCI) elsewhere

Open the official website or a supported primary organization account.

Capability profile

PT. Mandiri Capital Indonesia (MCI) as a funder

Investment thesis

MCI's investment thesis focuses on strategic partnerships with startups that have strong fundamentals and ambitions, aiming to create sustainable impact beyond financial returns. The firm emphasizes integration with the Mandiri Group ecosystem, providing access to a vast customer base and industry network.

Focus narrative

MCI invests in early-stage to growth-stage startups, primarily focusing on fintech, technology, and sustainable solutions. The firm emphasizes strategic partnerships and integration with the Mandiri Group ecosystem, which includes access to over 42 million customers. MCI operates multiple funds tailored to different stages and sectors, ensuring a comprehensive approach to investment.

Value beyond capital

MCI adds value to its portfolio companies by providing access to the Mandiri Group's extensive network, mentoring, and strategic partnerships. The firm facilitates collaboration between startups and the Mandiri ecosystem, enhancing growth opportunities and market reach.

Terms and economics

Typical check
$500,000–$25,000,000
Sweet spot
$2,000,000

Focus and fit

Stages
Seed · Pre-seed · Series A · Series B · Growth Equity

Availability

Currently deploying
Yes

Portfolio and track record

Recorded portfolio count
5

Portfolio context

Notable portfolio companies include: Amartha: A platform providing financial services to underserved communities. PrivyID: A digital signature provider that has become a key player in the telecommunications industry. Mekari: A SaaS company offering integrated solutions for HR, finance, and accounting. PTEN: The sole provider of the National Payment Gateway in Indonesia. Yokke: A payment technology company focused on enhancing customer loyalty through integrated solutions.

Common questions

What to know about PT. Mandiri Capital Indonesia (MCI)

Upseed classifies PT. Mandiri Capital Indonesia (MCI) under the Corporate Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

May 3, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.