BNI Ventures + Mandiri Capital (state-owned bank CVCs Indonesia) logo
BNI Ventures and Mandiri Capital Startup Investment

BNI Ventures and Mandiri Capital Startup Investment

Funds Indonesian tech startups through BNI Ventures and Mandiri Capital with seed to growth-stage equity support.

BNI Ventures and Mandiri Capital Indonesia (MCI) are the corporate venture capital arms of two of Indonesia's largest state-owned banks — Bank Negara Indonesia (BNI, IDX: BBNI) and Bank Mandiri (IDX: BMRI) — and represent the primary state-linked equity investment vehicles for technology startups in Indonesia. BNI Ventures was formally established in 2022 (with a predecessor debut fund of up to US…

Indonesian state-owned-bank corporate venture capital: BNI Ventures (seed, food/AgTech, enterprise SaaS) and Mandiri Capital (Series A–B, fintech, e-commerce) making equity investments in Indonesian tech startups.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 22 Jul 2026Source: www.mandiricapital.co.id