Indonesia-based MDI Ventures said to be planning new fund

Indonesia-based MDI Ventures said to be planning new fund

Aldi Adrian Hartanto, partner at Arise and vice president of investments at MDI Ventures. (Photo courtesy of MDI Ventures)

MDI Ventures, the corporate venture capital (CVC) arm of Telkom Indonesia, is planning a new fund with a targeted corpus of around $200 million that will combine the features of some of its predecessor funds, according to multiple sources privy to the development.

Edited by: Joymitra Rai

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