# BRI Ventures

BRI Ventures is a Venture Capital based in Jakarta, Indonesia.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Jakarta, Indonesia
- **Region:** Asia
- **Address:** Prosperity Tower 16th Floor, Unit F, District 8 Office SCBD Lot 28, Jl. Jend Sudirman Kav 52-53, Senayan, Kebayoran Baru, Jakarta, DKI Jakarta 12190, Indonesia
- **Founded:** 2019
- **Assets under management:** 251 (Altss estimate)
- **Website:** briventures.id
- **LinkedIn:** https://www.linkedin.com/company/briventures

## Regulatory record

- **Reports private funds:** No

## About

BRI Ventures was established in 2019 as the dedicated venture unit of state-owned Bank Rakyat Indonesia. Nicko Widjaja serves as founding CEO after prior leadership at MDI Ventures. The unit operates exclusively within Indonesia and maintains close coordination with the parent bank's digital and MSME initiatives. The firm allocates across venture and private equity strategies with emphasis on financial technology, agribusiness technology, and logistics. Confirmed holdings include Xendit, NIUM, Payfazz, Investree, TaniHub and Beleaf Farms. Geographic coverage remains Indonesia with limited exposure to Singapore through NIUM. Co-investors include MDI Ventures and Grab, the latter as LP in the Sembrani Nusantara Fund. The Tokenize Indonesia accelerator, launched with Saison Capital, targets real-world asset tokenization. BRI Ventures reports 250.8 million USD in assets. It maintains membership in AVPN and HIMBARA. The unit supports the parent's CSR vehicle BRI Peduli, which runs education and MSME programs across Indonesia. In August 2025 the firm sponsored Coinfest Asia in Bali to showcase blockchain adoption work. BRI Ventures functions as an integrated corporate venture arm rather than an independent manager. Investment decisions align with Bank Rakyat Indonesia's strategic priorities in digital payments and rural finance. Governance flows through the parent bank's structure with dedicated legal and compliance staff reporting to the venture unit.

## Sectors

- FinTech
- Financial Services
- AgTech
- E-commerce
- Software

## People

- Nicko Widjaja — CEO

## Questions

### Who runs investment decisions at BRI Ventures?

Nicko Widjaja serves as CEO and directs investment decisions. The unit maintains a dedicated legal and compliance function led by Michael Widyaputra.

### Does BRI Ventures participate in fund commitments or only direct deals?

The firm executes direct investments and operates dedicated vehicles including the Sembrani Nusantara Fund and Tokenize Indonesia accelerator.

### Which sectors does BRI Ventures explicitly target?

Primary focus areas are financial technology, agribusiness technology, logistics, and consumer platforms within Indonesia.

### How is BRI Ventures related to Bank Rakyat Indonesia?

BRI Ventures operates as the wholly owned corporate venture capital arm of Bank Rakyat Indonesia and aligns its mandate with the parent's digital strategy.

### What investment stages does BRI Ventures typically target?

The firm targets early-stage startups through growth and late-stage rounds, with documented activity in seed-to-Series B and expansion financing.

### Where does BRI Ventures source deal flow?

Deal flow originates from the parent bank's network, co-investor relationships with MDI Ventures and Grab, and accelerator programs such as Tokocrypto Sembrani Blockchain Accelerator.

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- [Brasenose College (Oxford) Endowment](https://altss.com/profile/brasenose-college-oxford-endowment)
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Source record modified: 2026-06-03T20:00:00.000Z

Last verified: not supplied by this public snapshot.

## Sources and provenance

- Organization website as recorded: https://briventures.id/
Source links do not imply that every field was verified on the page modification date. See [Altss methodology](https://altss.com/methodology).

Canonical page: https://altss.com/profile/bri-ventures

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology