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BNI Ventures + Mandiri Capital (state-owned bank CVCs Indonesia)

Backs Indonesian startups through bank-linked venture platforms and equity investment programs focused on growth-stage commercialization.

Annual funding
Programs1
Active grants1
Total grants1

BNI Ventures + Mandiri Capital (state-owned bank CVCs Indonesia) combines two separate Indonesian corporate venture arms attached to state-owned banks: BNI Ventures and Mandiri Capital Indonesia. Both are equity investors, not grantmakers, and both back Indonesian startups through venture-style capital rather than public-call funding.

BNI Ventures is the CVC arm of Bank Negara Indonesia, founded

Last verified: 28 May 2026Source: www.mandiri-capital.co.id