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Top 15 Venture Capital Firms in Indonesia (2026)

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Indonesia's startup scene is full of energy, and a strong community of venture capital firms is helping to fund its growth. For founders, finding the right partner to pitch can be a game-changer.

Some firms are especially active, with players like MDI Ventures and Alpha JWC Ventures each backing well over 100 companies. MDI Ventures has also seen more than a dozen exits, showing a clear path to success for the startups they support.

Below is our list of the best 15 VC firms in Indonesia.

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Alpha JWC Ventures backs Indonesian startups from the earliest stages through to later rounds, concentrating on the FinTech and consumer tech spaces. Their disciplined, hands-on approach helps guide portfolio companies like Agriaku and Pitik from their initial stages toward significant growth.

HeadquartersJakarta Pusat, Jakarta Raya, Indonesia
Year Founded2015
FoundersChandra Tjan, Jefrey Joe, Will Ongkowidjaja
Total Funding$650M
Average Check Size$50M
IndustriesConsumer, Enterprise, Social, Fintech, Marketplace, AI & ML, SaaS, E-Commerce, DTC
Investment StageEarly Stage, Late Stage, Seed, Series A, Pre-Seed
Nº of Investments115 (50 as Lead Investor)
Nº of Exits8
Top Portfolio StartupsAgriaku, Pitik, Mangkokku
Contactinfo@alphajwc.com

As an Indonesia-only venture capital firm, Intudo Ventures backs early-stage companies like Xendit and Pintu that are built for the country's growing consumer economy. The firm takes a deeply hands-on role, providing operational support and acting as interim C-suite leadership to guide startups from seed funding through their early growth stages.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2017
FoundersEddy Chan, Patrick Yip
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments50 (28 as Lead Investor)
Nº of Exits1
Contactcontact@intudovc.com

As the corporate venture capital initiative for Telkom Indonesia, MDI Ventures funds startups at the seed, early, and late stages. The firm provides both capital and operational assistance, creating a bridge for global technologies to enter the Indonesian market through the Telkom ecosystem.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2016
FoundersAMELIA SONDAKH, Nicko Widjaja
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments117 (46 as Lead Investor)
Nº of Exits14 (5 IPO'd)
Contactinfo@mdi.vc / +6221-2793-7910

As the corporate venture capital arm of Bank BRI, BRI Ventures invests in financial technology startups to drive growth for its parent group. They support entrepreneurs at the seed, early, and late stages, using Bank BRI's network to accelerate Indonesia's financial inclusion and digital economy.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2018
FoundersNicko Widjaja
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments42 (7 as Lead Investor)
Nº of Exits3 (2 IPO'd)
Contact02150333183

Kejora Capital backs founders across Southeast Asia, investing from seed to late-stage to help build transformative companies. Beyond financial investment, they provide a strong regional network and valuable local market insights to help their portfolio companies succeed at every stage.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2014
FoundersAndy Zain, Sebastian Togelang
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments39 (12 as Lead Investor)
Nº of Exits4
Contactcontact@kejorahq.com / +62 2153660543

Functioning as the corporate venture arm of Telkomsel, Telkomsel Mitra Inovasi invests in promising companies from seed to late stage. They accelerate growth by providing portfolio companies with access to Telkomsel’s ecosystem, assets, and expertise.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2019
Founders
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments16 (6 as Lead Investor)
Nº of Exits
Contacthello@tmi.id

As the corporate venture arm of Bank Central Asia, Central Capital Ventura invests in early-stage financial services startups across Indonesia. They partner with entrepreneurs to accelerate fintech development and contribute to the nation's economic growth.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2017
Founders
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments26 (1 as Lead Investor)
Nº of Exits3
Contactpitch@centralcapital.vc

Discovery Nusantara Capital invests in early-stage internet startups across Indonesia and Southeast Asia. The fund supports dynamic companies by providing the capital needed to establish and scale their operations in the region.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2016
FoundersIrene Umar
Investment Stage
Nº of Investments15 (10 as Lead Investor)
Nº of Exits
Contactpitch.box@dncindonesia.com

Agaeti Venture Capital funds early-stage technology companies with a specific focus on the Indonesian market. They provide founders with strategic guidance and operational support to scale their businesses, counting companies like Fore Coffee in their portfolio.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2018
FoundersMichael Soerijadji, Pandu Sjahrir
Investment StageEarly Stage, Seed
Nº of Investments20 (1 as Lead Investor)
Nº of Exits3 (1 IPO'd)

Creative Gorilla Capital invests in early-stage and seed-stage creative consumer brands throughout Indonesia. The firm's team of brand builders offers marketing expertise and operational support to help founders build iconic companies.

HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2021
Founders
Investment StageEarly Stage, Seed
Nº of Investments5 (2 as Lead Investor)
Nº of Exits

5 Additional Indonesia VC Firms Worth Pitching

Beyond our main list, there are many other firms helping founders get their start. Combined, the firms below have backed nearly 100 companies and guided more than a dozen to successful exits.

You'll find a mix of long-standing investors and newer funds that have recently joined the scene. Here’s a closer look at more of the venture capital firms funding what's next in Indonesia.

VC FirmYear FoundedNº InvestmentsNº Exits
Convergence Ventures logo Convergence Ventures20145711
Ideosource VC logo Ideosource VC2011222
Venturra Discovery logo Venturra Discovery2018151
Bahana Artha Ventura, PT logo Bahana Artha Ventura, PT19931
Quantum Ventures logo Quantum Ventures2021

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