MDI Ventures said to be close to investing $20m in Djarum Group's Cermati

MDI Ventures said to be close to investing $20m in Djarum Group's Cermati

Photo: Cermati's Facebook page

MDI Ventures, the venture arm of state-owned telecom firm Telkom Indonesia, is finalising an investment into Djarum Group-backed fintech platform, Cermati, according to multiple sources aware of the development.

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