Donald Wihardja, co-founder of Indonesia-focused Convergence Ventures, has become CEO of MDI Ventures, the corporate VC arm of state-controlled telecommunications giant Telkom Indonesia.
Wihardja (pictured) confirmed the move – previously reported by local media – on LinkedIn. In April, Convergence announced it would merge with fellow Indonesian early-stage investor Agaeti Ventures...
Vineet Rai’s career in impact investing started before the concept really existed. Spurred – but also slightly troubled – by mainstream awareness, he has big plans for India-based Aavishkaar Group
Indian online education business Unacademy has received funding from Tiger Global Management and Dragoneer Investment Group at a valuation of $2 billion, up from $1.4 billion in its previous round just two months ago.
BRI Ventures, a unit of Bank Rakyat Indonesia has reached the first close of IDR150 billion ($11 million) on its locally incorporated tech venture fund.
MDI Ventures, the corporate VC arm of state-controlled Telkom Indonesia, has teamed up with financial technology investor Finch Capital to form a $40 million fund targeting early-stage investments in Southeast Asia.