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Mandiri Capital Indonesia
Mandiri Capital Indonesia operates as the venture capital arm of PT Bank Mandiri, investing in early-stage technology companies since 2015.
Mandiri Capital Indonesia
Mandiri Capital Indonesia was founded in 2015 as the dedicated venture vehicle for PT Bank Mandiri (Persero) Tbk. The parent bank holds 100 percent ownership. Ronald Simorangkir serves as chief executive officer and Dennis Pratistha as chief investment officer. The firm concentrates on early-stage technology investments. Confirmed holdings include Pintu and Nobi. It participates in direct deals and co-investments, including alongside MDI Ventures on the Merah Putih Fund. Activity centers on Indonesia with additional exposure to regional Southeast Asian opportunities. Team size and total professionals remain undisclosed. Adjacent vehicles include the Indonesia Impact Fund and Mandiri Sahabatku. No verifiable operational events from the last 24 months appear in available records. The corporate ownership by PT Bank Mandiri creates a direct link between banking operations and venture deployment that distinguishes the structure from independent venture firms.
General information
Firm type
Generalist
Year founded
2015
AUM
Undisclosed (Altss estimate)
Location
Region
Asia
Country
Indonesia
City
Jakarta
Corporate office
Menara Mandiri II, Lantai 10, Jl. Jend. Sudirman Kav No. 54-55, Jakarta 12190, Indonesia
Principals
Ronald Simorangkir
Chief Executive Officer
Dennis Pratistha
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Mandiri Capital Indonesia?
Ronald Simorangkir serves as chief executive officer and Dennis Pratistha as chief investment officer. Both are listed in the firm's operating relationships.
How is Mandiri Capital Indonesia related to PT Bank Mandiri?
PT Bank Mandiri (Persero) Tbk holds 100 percent ownership and established the firm in 2015 as its venture capital arm.
Does Mandiri Capital Indonesia participate in fund commitments or only direct deals?
The firm executes direct investments and co-investments. It has collaborated with MDI Ventures on the Merah Putih Fund.
What investment stages does Mandiri Capital Indonesia typically target?
Mandiri Capital Indonesia focuses on early stage through expansion and late stage rounds, including seed and growth investments.
Where does the underlying mandate originate?
The mandate originates from PT Bank Mandiri (Persero) Tbk, the state-owned parent bank.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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