OUR IDENTITY

MCI Connects Startups With Mandiri Group to Drive Innovation

At Mandiri Capital Indonesia (MCI), we're not only a venture capital firm, but also a catalyst for innovation and collaboration. As the venture capital arm of Bank Mandiri, we drive transformation through synergies, empower growth through mentorship, and foster impactful collaborations through networking.

With a diverse portfolio of 20+ startups and access to strategic funds such as the Balance Sheet Fund, Indonesia Impact Fund, and Merah Putih Fund, MCI is leading the charge in shaping Indonesia's digital innovation landscape.

Established in 2015 as the venture capital arm of PT Bank Mandiri (Persero) Tbk, MCI's core mission has always been to unlock synergies that accelerate innovation. We don't just envision growth; we make it happen—building a future of opportunity, resilience, and long-term success for both startups and Indonesia's economy.

Unlocking Startups' Best Potential

Building Synergy with Mandiri Ecosystem

Empowering startups through strategic collaborations and resources.

Nurturing Startup Fundamentals

Strengthening growth with expert mentorship and guidance.

ESG Initiative

Promoting sustainable growth through responsible business practices.

VALUES WE UPHOLD

Resilience

Thriving through challenges and staying adaptable.

Integrity

Committing to high ethical standards in all actions.

Quality

Upholding the highest standards in every action.

Collaboration

Growing together through teamwork and partnership.

International

The Largest Financial Institution with Various Subsidiaries.

With a total asset of Rp. 2.258 Trillion a of Q1 2024, Mandiri has 42+ Million retail customers and 200k+ SMEs, 137 Branch offices, 12k+ ATM, 7 overseas branch offices which includes Singapore, Hong Kong, Shanghai, Cayman Islands, Dili, London, Malaysia. Mandiri Group is committed to transform Indonesia’s digital landscape

Mandiri Ecosystem

Bank

International

The Most Outstanding Bank Syariah

Provides a full range of Syariah-compliant services, including retail banking, corporate financing, wealth management, and trade finance.

Here's what we seek for a synergy:

Focus Areas:

Startups offering Syariah-compliant financial technology, digital banking solutions, Islamic wealth management tools, or trade finance systems.

1. Alignment with Syariah Principles

Compliance with Islamic finance regulations and ethical standards.

2. Technological Innovation

Use of AI, blockchain, or big data to enhance Islamic banking services and customer experience.

3. Market Potential

Scalable business models targeting the Islamic finance sector locally and internationally.

4. Synergy Readiness

Ability to integrate with BSI ecosystem, including retail and corporate banking services.

5. ESG Commitment

Promoting ethical and sustainable finance aligned with Syariah values.

Domestic

Pension Fund Management Services

Specializes in pension fund management, offering financial products and services to ensure the well-being of retirees in Indonesia. It operates a wide network of branches across the country.

Here's what we seek for a synergy:

Focus Areas:

Startups specializing in pension-tech, retirement planning, financial literacy platforms, or insurance solutions tailored for retirees.

1. Retirement-Centric Solutions

Products or platforms that address financial security and well-being for retirees.

2. User-Friendly Technology

Intuitive tools enhancing retiree financial literacy and access to savings and investments.

3. Scalability and Reach

Potential to expand services across Indonesia's diverse retiree demographic.

4. Compliance and Governance

Adherence to pension fund regulations and financial industry standards.

5. Synergy Readiness

Willingness to collaborate with Mandiri Taspen's network to deliver tailored solutions.

International

Bank Mandiri Subsidiary based in London

Focuses on trade finance, treasury management, and corporate banking, supporting Indonesian businesses in Europe.

Here's what we seek for a synergy:

Focus Areas:

Startups focused on trade finance, cross-border payment systems, treasury management, or solutions that support international business operations.

1. Cross-Border Solutions

Technologies that simplify trade finance, currency management, and international payments.

2. Corporate Banking Support

Tools for treasury optimization and business expansion across Europe and Indonesia.

3. Regulatory Compliance

Adherence to international banking regulations and standards.

4. Market Scalability

Solutions with potential to expand beyond initial markets, benefiting businesses in Europe and Indonesia.

5. Synergy Readiness

Capability to integrate with Mandiri Europe's banking services and facilitate cross-border trade.

6. Sustainability Focus

Supporting ESG initiatives in trade and investment practices.

Investment

International

Best Investment Bank in Indonesia

Provides securities brokerage, underwriting, and financial advisory services, with a regional branch in Singapore.

Here's what we seek for a synergy:

Focus Areas:

Startups that enhance investment banking operations, including securities trading, underwriting, financial advisory, or market intelligence.

1. Advanced Trading Platforms

Solutions for efficient and secure securities brokerage.

2. Underwriting Support

Technologies that streamline the underwriting process for IPOs or bond issuance.

3. Financial Analytics Tools

Platforms offering advanced data insights for market analysis and investment strategies.

4. Regulatory Compliance

Startups with systems that meet financial industry regulations, ensuring secure operations.

5. Scalability

Solutions that can integrate seamlessly across Mandiri Sekuritas' domestic and regional markets.

International

Leading Management Asset in Indonesia

Offers innovative investment products like mutual funds and discretionary funds, tailored to diverse financial goals.

Here's what we seek for a synergy:

Focus Areas:

Startups specializing in portfolio management, innovative investment tools, or client-focused financial planning platforms.

1. Portfolio Optimization

Tools to enhance asset allocation and investment performance.

2. Client-Focused Solutions

Platforms that simplify investment planning and engagement for diverse client needs.

3. Technological Innovation

Use of AI, machine learning, or big data to create smarter investment products.

4. Compliance and Risk Management

Systems that ensure adherence to regulations while managing risk effectively.

5. Sustainability-Focused Investments

Startups supporting ESG-aligned investment strategies or impact-driven financial products.

Multi-Finance

Domestic

Financing Automotive Sector (New and Fleet)

Offers financing for new and pre-owned vehicles, fleet solutions, and multipurpose loans through a nationwide network.

Here's what we seek for a synergy:

Focus Areas:

Startups that enhance automotive financing, vehicle loan solutions, fleet management, or multipurpose financial services.

1. Automotive Financing Solutions

Technologies for efficient loan processing and risk assessment in the automotive sector.

2. Fleet Management Tools

Platforms that streamline fleet financing and management for businesses.

3. Loan Customization

Startups offering personalized or flexible financing options for individuals and businesses.

4. Scalability

Solutions that can expand nationwide, integrating seamlessly with Mandiri Tunas Finance's network.

5. User-Friendly Experience

Platforms that simplify the customer journey, from application to loan approval.

Domestic

Financing Solutions for Used Automotive

Provides financing solutions for the purchase of pre-owned vehicles for individuals and businesses.

Here's what we seek for a synergy:

Focus Areas:

Startups that focus on financing for pre-owned vehicles, credit scoring, or solutions tailored to the used car market.

1. Pre-Owned Vehicle Financing

Platforms that offer tailored loan products for used automotive buyers.

2. Credit Scoring and Risk Management

Tools that improve credit assessment and reduce risk in used vehicle loans.

3. Flexible Financing Options

Solutions that cater to both individual buyers and businesses in the second-hand vehicle market.

4. Market Penetration

Tools that enhance access to financing in the domestic used car sector.

5. Seamless Integration

Solutions that integrate with existing Mandiri Utama Finance processes for faster loan approvals.

Remittance

International

Cross-Border Remittance Services

Offers efficient and reliable international money transfer services for diverse transaction needs.

Here's what we seek for a synergy:

Focus Areas:

Startups that provide solutions for international money transfers, remittance platforms, payment processing, or financial technologies for cross-border transactions.

1. Cross-Border Payment Solutions

Technologies that enable seamless, secure, and efficient international money transfers.

2. Transaction Speed and Reliability

Platforms that optimize remittance speed while ensuring reliable service for users.

3. Regulatory Compliance

Solutions that meet international financial regulations and ensure secure transfers.

4. Scalability

Startups with solutions that can easily expand across different regions and integrate with global financial networks.

5. User Experience

Platforms that prioritize easy-to-use interfaces for both senders and receivers, simplifying the remittance process.

Insurance

International

Expansion Into Insurance Sector

Provides life, health, and financial protection insurance products, tailored to individual and corporate needs.

Here's what we seek for a synergy:

Focus Areas:

Startups that offer solutions for life insurance, health insurance, financial protection, or technology-driven insurance products and services.

1. Insurance Product Innovation

Solutions that develop new life, health, or financial protection products to meet evolving customer needs.

2. Digital Insurance Platforms

Technologies that streamline insurance processes, including policy management, claims, and customer service.

3. Personalization

Tools that allow for tailored insurance coverage, catering to both individual and corporate needs.

4. Regulatory Compliance

Platforms that ensure adherence to local and international insurance regulations.

5. User Experience

Solutions that simplify the customer journey from policy purchase to claims, making it user-friendly and accessible.

Meet the Team

Our team is packed with diversity, commitment, and a whole lot of personality. We're a group of bright minds and big thinkers who love what we do—and have a great time doing it. From tackling challenges to coming up with fresh ideas, every team member brings something unique to the table. Together, we make work exciting, inspiring, and just a little more fun every day. Come get to know us!

Board of Commissioners

Alamanda Shantika Independent Commissioner

Board of Directors

Ronald S. Simorangkir Chief Executive Officer

Wisnu Setiadi Chief Financial Officer

Investment

Faris Iman SVP Investment

Melvin Santoso Investment

Aldwin Riyaz Fadlurrahman Investment

Muhammad Ilyas Investment

Venture Fund

Muhammad Salman VP Venture Fund

Muhammad Rusyad Venture Fund

Oktavia Larasati Venture Fund

Value Creation

Rabbi Amrita Givatama EVP Value Creation

Fleta Jovitasari Value Creation

Safira Azalia Value Creation

Nathania Orlana Value Creation

Legal, Compliance & HR

Natasya Monica Tumundo SVP Legal, Compliance & HR

Auginta Narasti Putri Legal

Dipo Prima HC

Luna Amirahdya Compliance

Adrian Jonathan Legal & Compliance

Risk & Portfolio Management

Ahmat Sahri VP Risk & Portfolio Management

Sthira Aryapradipta S. Risk & Portfolio Management

Thalia Shizuka Risk & Portfolio Management

Finance & Treasury

Mohammad Iqbal VP Finance & Treasury

Camelia Magdalena Finance & Treasury

Gracia Anglani Finance & Treasury

Delvin Theodorus Hansell Finance & Treasury

Corsec & Operations

Ade Lydia Team Leader Corsec & Operations

Yuda Arisitian IT & Operations

Inggrid Anggi Purnama Corsec & Operations

Raina Safa Radhyana Rahmat Corsec & Operations

Internal Audit

Nabila Fauzia Internal Audit

Special Project

Hira Laksamana EVP Special Project

Executive Assistant to BOD

Dinar Meikaratri Executive Assistant

OUR IDENTITY

MCI Connects Startups With Mandiri Group to Drive Innovation

Unlocking Startups' Best Potential

Building Synergy with Mandiri Ecosystem

Nurturing Startup Fundamentals

ESG Initiative

VALUES WE UPHOLD

Resilience

Thriving through challenges and staying adaptable.

Integrity

Committing to high ethical standards in all actions.

Quality

Upholding the highest standards in every action.

Collaboration

Growing together through teamwork and partnership.

WE'D LOVE TO HEAR FROM YOU

Here's what we seek for a synergy:

Focus Areas:

1. Alignment with Syariah Principles

2. Technological Innovation

3. Market Potential

4. Synergy Readiness

5. ESG Commitment

Here's what we seek for a synergy:

Focus Areas:

1. Retirement-Centric Solutions

2. User-Friendly Technology

3. Scalability and Reach

4. Compliance and Governance

5. Synergy Readiness

Here's what we seek for a synergy:

Focus Areas:

1. Cross-Border Solutions

2. Corporate Banking Support

3. Regulatory Compliance

4. Market Scalability

5. Synergy Readiness

6. Sustainability Focus

Here's what we seek for a synergy:

Focus Areas:

1. Advanced Trading Platforms

2. Underwriting Support

3. Financial Analytics Tools

4. Regulatory Compliance

5. Scalability

Here's what we seek for a synergy:

Focus Areas:

1. Portfolio Optimization

2. Client-Focused Solutions

3. Technological Innovation

4. Compliance and Risk Management

5. Sustainability-Focused Investments

Here's what we seek for a synergy:

Focus Areas:

1. Automotive Financing Solutions

2. Fleet Management Tools

3. Loan Customization

4. Scalability

5. User-Friendly Experience

Here's what we seek for a synergy:

Focus Areas:

1. Pre-Owned Vehicle Financing

2. Credit Scoring and Risk Management

3. Flexible Financing Options

4. Market Penetration

5. Seamless Integration

Here's what we seek for a synergy:

Focus Areas:

1. Cross-Border Payment Solutions

2. Transaction Speed and Reliability

3. Regulatory Compliance

4. Scalability

5. User Experience

Here's what we seek for a synergy:

Focus Areas:

1. Insurance Product Innovation

2. Digital Insurance Platforms

3. Personalization

4. Regulatory Compliance

5. User Experience