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Bank Mandiri Startup Programs & Corporate Open Innovation Analysis Fintech · Financial Services

Bank Mandiri operates as a bank and financial institute. It provides various banking products and services to individuals and businesses. Its consumer banking products and services comprise savings accounts, current accounts, time deposits, and foreign currency deposits; housing loans, loan and credit facilities, and loans to purchase new or used cars. Bank Mandiri was founded in 1998 and is headquartered in Jakarta, Indonesia.
bankmandiri.co.id Jakarta, Indonesia Founded Available with StartupBlink Pro

In StartupBlink's Corporate Startup Activity Index, Bank Mandiri ranks #157 globally and #2 in Indonesia. It ranks #36 in the Fintech industry and #24 in the Financial Services subindustry.

Global
Corporate Startup Activity Index
#157
Industry
Fintech
#36
Subindustry
Financial Services
#24
National · Indonesia
Corporate Startup Activity Index
#2
More Ranked Corporates
Key metrics

Bank Mandiri Startup Activity Metrics

Bank Mandiri has supported 28 startups through programs and investments, with those companies raising a combined $4.5 billion over the last ten years. The company currently operates 1 active startup programs.

Overview

Explore Bank Mandiri's investments, startup programs, and corporate open innovation activity

Bank Mandiri has deployed more than $124 million in startup investments through Mandiri Capital Indonesia (MCI) and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 1 active startup program supporting 28 startups worldwide across industries such as Ecommerce & Retail, Edtech, Fintech, and Foodtech. Its venture arm Mandiri Capital Indonesia (MCI) has invested in over 28 startups since it was founded in 2016.

The corporate-innovation activity is concentrated in Fintech, Software & Data, and Ecommerce & Retail, categories where Bank Mandiri's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where Bank Mandiri-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with Bank Mandiri. Unlock the full breakdown with StartupBlink Pro.

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Sector, HQ-city, and program-location breakdowns for all 28 startups associated with Bank Mandiri are part of StartupBlink Pro.

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Programs & CVC

Bank Mandiri Startup Programs and Corporate Venture Capital initiatives

Bank Mandiri engages startups through 1 active program, supporting 28 startups in total based on our database.

Mandiri Capital Indonesia (MCI)
Mandiri Capital Indonesia (MCI)
Corporate Venture / Investment · est. 2016
Investment Program
Mandiri Capital Indonesia (MCI) is a Corporate Venture Capital arm of Bank Mandiri, the largest integrated financial service group in Indonesia with US$70 B+ Assets, 20 M+ Retail Customers, 5
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List of Startups

Top startups associated with Bank Mandiri

Bank Mandiri's top 5 associated startups have raised 88% of the $4.5 billion raised in the last ten years across all 28 associated startups, led by Bukalapak.com at $2.2 billion. Bank Mandiri is associated with 25 active startups and 3 exits. Mandiri Capital Indonesia (MCI) supports the largest number of startups, with 28 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with Bank Mandiri
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
MekariMekariSB 618Software & DataJakartaProgram InvestmentMandiri Capital Indonesia (MCI)
Bukalapak.comBukalapak.comSB 596Ecommerce & RetailJakartaProgram InvestmentMandiri Capital Indonesia (MCI)
AmarthaAmarthaSB 582Software & DataJakartaProgram InvestmentMandiri Capital Indonesia (MCI)
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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. Bank Mandiri ranks #157 globally and #2 in Indonesia. It accounts for 0.8% of the measured corporate startup activity in the Fintech industry and 22% of the activity generated by corporations in Indonesia. Unlock more granular data on each corporation with StartupBlink Pro.

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