MDI Ventures takes an investment break amid Telkom's strategic review

MDI Ventures takes an investment break amid Telkom's strategic review

Aldi Adrian Hartanto, partner at Arise and vice president of investments at MDI Ventures. (Photo courtesy of MDI Ventures)

MDI Ventures, the corporate venture capital arm of Indonesian state-owned telecom firm Telkom, has refrained from making any new investments in the past several months. Additionally, there is also a delay in transferring funds to its investee companies.

Edited by: Pramod Mathew