MDI Ventures, the corporate venture capital arm of state-owned telecom network Telkom Indonesia, expects startup founders to become more confident in raising funding this year after months of figuring out the best and most cost-efficient model for their businesses.
“This year, I think, we will see founders become more confident in raising money vis-a-vis last year. However, we’ll still be a bit more cautious compared with last year,” Aldi Adrian Hartanto, Vice-President of Investments at MDI Ventures, told DealStreetAsia in an exclusive interview.
