Indonesia: MCI to inject $15m into startups next year

Indonesia: MCI to inject $15m into startups next year

Eddi Danusaputro

Corporate venture capital (CVC) firm Mandiri Capital Indonesia (MCI) will inject up to Rp 200 billion ($15 million) into four to five startups next year, its president director Eddi Danusaputro told DEALSTREETASIA. The state-owned Bank Mandiris investment arm will be investing in financial technology (fintech) firms.

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