Indonesia's MDI Ventures closes new US$500m startup fund

Singapore News News

Indonesia's MDI Ventures closes new US$500m startup fund
Singapore Latest News,Singapore Headlines
  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

[SINGAPORE] MDI Ventures, the venture capital arm of Indonesia's largest telecommunications services provider, has closed a new US$500 million fund to invest in tech startups focused on the South-east Asian country. Read more at The Business Times.

rk_FajrinRasyid_190820.jpg, by rkhairil

With more than US$790 million in assets under management, MDI Ventures is now the largest corporate venture capital firm in Indonesia, the company said in a statement on Tuesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessTimes /  🏆 15. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Covid-19 forces some US schools to close, as new cases remain high in most statesCovid-19 forces some US schools to close, as new cases remain high in most statesNEW YORK (REUTERS) - Almost as quickly as they welcomed students back, some US schools are closing again due to outbreaks of Covid-19, the latest challenge as the nation tries to reopen while the level of new cases per day remains high in most states.. Read more at straitstimes.com.
Read more »

COVID-19 forces some US schools to close, as new cases remain high in most statesCOVID-19 forces some US schools to close, as new cases remain high in most statesAlmost as quickly as they welcomed students back, some U.S. schools are closing again due to outbreaks of COVID-19, the latest challenge as the ...
Read more »

Edtech startup Doyobi raises US$1m in round led by 500 Startups, XAEdtech startup Doyobi raises US$1m in round led by 500 Startups, XADOYOBI, a Singapore-based edtech startup that provides science and coding courses, has raised US$1 million in a pre-seed funding round led by venture firm 500 Startups and XA Network (formerly known as Xoogler Angels), a syndicate of ex-Google angel investors. Read more at The Business Times.
Read more »

EV startup Canoo to go public with blank-check firm at US$2.4 billion valuationEV startup Canoo to go public with blank-check firm at US$2.4 billion valuationDETROIT: Canoo Holdings Ltd, an electric vehicle startup already working with South Korea's Hyundai Motor, will go public later this year at a ...
Read more »

Indonesia reports 1,673 new coronavirus infections, 70 deathsIndonesia reports 1,673 new coronavirus infections, 70 deathsJAKARTA (REUTERS) - Indonesia reported 1,673 new coronavirus infections on Tuesday (Aug 18), bringing the total number of cases in the South-east Asian nation to 143,043, data from the country's Health Ministry showed.. Read more at straitstimes.com.
Read more »

Indonesia reports 1,673 new COVID-19 infections, 70 deathsIndonesia reports 1,673 new COVID-19 infections, 70 deathsJAKARTA: Indonesia reported 1,673 new coronavirus infections on Tuesday (Aug 18), bringing the total number of cases in the Southeast Asian nation ...
Read more »



Render Time: 2025-04-27 05:43:39