MDI Ventures

MDI Ventures is the corporate venture capital arm of Telkom Indonesia, operating as an independent entity with its own funding processes. It makes investments across Southeast Asia in fintech, healthcare, deep tech, agri-food tech, consumer, enterprise, and edu tech, seeking to support portfolio companies from early stages onward. The firm provides post-investment operational support to its portfolio to help scale and integrate solutions into Telkom Indonesia’s businesses. It collaborates with global accelerators and venture firms to bring proprietary technology from developed markets into Telkom Indonesia’s operations, enhancing connectivity and digital services across the group. Founded in 2016 and based in Jakarta, MDI Ventures combines VC funding with strategic value creation for a tech-enabled telecommunications ecosystem.

Winston Adi

VP of Portfolio Management

Shannon Lee Chaluangco

Director

Aditya Hadiputra

Principal

Kyle Kling

Investor

Sandhy Widyasthana

COO / Portfolio Director

Donald Wihardja

Investor

Past deals in Fish

DELOS

Seed Round in 2022
DELOS is a science-driven aqua-tech company that designs and operates aquafarms seeking to disrupt the traditional and fragmented aquaculture industry in Indonesia. The Company aims to jumpstart what it calls the “Blue Revolution”. The vision is to help progress Indonesia into an international aquaculture-based seafood production powerhouse within the next decade. The revolution will be a radical shift to drive the growth and modernization of the ~US$ 2.5 billion Indonesian aquaculture industry and further its integration into the global seafood supply chain. DELOS has successfully launched its farming-as-a-service product, AquaHero, a full-stack farm productivity system that combines scientific expertise, technology, and operational excellence to boost farm productivity and profitability. AquaHero utilizes top-class data collection methods and a cutting-edge biological model to predict and mitigate harvest risk, a model that will be trained on hundreds of shrimp ponds within the DELOS ecosystem across Indonesia. DELOS has also launched AquaLink, a harvesting and logistics platform that allows it to capture and provide sustainable and traceable seafood supply downstream in the value chain. The company is currently responsible for producing and distributing thousands of tons of shrimp annually, and has taken steps to integrate its supply into the US$ 300 billion global seafood market. DELOS aims to ensure the traceability and sustainability of its supply chain to streamline global integration. The company has, thereby, embedded sustainable practices into its operations, and will allow stakeholders visibility into its supply chain through its AquaHero and AquaLink platforms.

FishLog

Seed Round in 2022
FishLog operates a digital marketplace for the seafood supply chain. It connects cold storage warehouses with suppliers and buyers, enhancing warehouse utility through technology. This facilitates fair-trade transactions, improves distribution networks, and increases volumes for fisheries stakeholders such as fishermen, processors, and logistics providers.

DELOS

Seed Round in 2021
DELOS is a science-driven aqua-tech company that designs and operates aquafarms seeking to disrupt the traditional and fragmented aquaculture industry in Indonesia. The Company aims to jumpstart what it calls the “Blue Revolution”. The vision is to help progress Indonesia into an international aquaculture-based seafood production powerhouse within the next decade. The revolution will be a radical shift to drive the growth and modernization of the ~US$ 2.5 billion Indonesian aquaculture industry and further its integration into the global seafood supply chain. DELOS has successfully launched its farming-as-a-service product, AquaHero, a full-stack farm productivity system that combines scientific expertise, technology, and operational excellence to boost farm productivity and profitability. AquaHero utilizes top-class data collection methods and a cutting-edge biological model to predict and mitigate harvest risk, a model that will be trained on hundreds of shrimp ponds within the DELOS ecosystem across Indonesia. DELOS has also launched AquaLink, a harvesting and logistics platform that allows it to capture and provide sustainable and traceable seafood supply downstream in the value chain. The company is currently responsible for producing and distributing thousands of tons of shrimp annually, and has taken steps to integrate its supply into the US$ 300 billion global seafood market. DELOS aims to ensure the traceability and sustainability of its supply chain to streamline global integration. The company has, thereby, embedded sustainable practices into its operations, and will allow stakeholders visibility into its supply chain through its AquaHero and AquaLink platforms.

Aruna

Series A in 2021
Aruna operates an integrated fisheries platform that connects local fishermen to broader markets, enabling fair trading, improving livelihoods, and delivering affordable, high-quality seafood to communities. The platform collects real-time data from fishermen, links them to B2B markets, and provides supply and market insights to streamline and enhance seafood trading across the fishery sector.

Aruna

Series A in 2020
Aruna operates an integrated fisheries platform that connects local fishermen to broader markets, enabling fair trading, improving livelihoods, and delivering affordable, high-quality seafood to communities. The platform collects real-time data from fishermen, links them to B2B markets, and provides supply and market insights to streamline and enhance seafood trading across the fishery sector.
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