Donald Wihardja

Chief Executive Officer at MDI Ventures

Donald Wihardja, Chief Executive Officer at MDI Ventures

Donald Wihardja is the Chief Executive Officer of MDI Ventures, the largest corporate venture capital firm in Indonesia. He has over 20 years of experience working in the technology sector in Indonesia as an entrepreneur, investor, and executive.4

Some key facts about Donald Wihardja:

He has been the CEO of MDI Ventures since May 2020.1 Under his leadership, MDI Ventures has evolved from just investing Telkom Indonesia's money to becoming a strategic VC firm funded by multiple state-owned enterprises (SOEs) in Indonesia.2
Prior to becoming CEO, he held various executive positions at tech companies in Indonesia, including Partner at Convergence Ventures, Country Manager and CIO at 2C2P, CTO at PT Indomog, and CFO at PT SITTI.1
He has a BSc from UC Berkeley and an MSc from Cornell University.1 He also holds certificates in Healthcare Economics and Digital Health from Harvard Business School Online.1
In 2023, he was named one of the 100 leading corporate venturing professionals in Global Corporate Venturing's Powerlist.2
MDI Ventures has a portfolio of over 80 companies, including unicorns like Mobile Premier League, Nium and Kredivo. The firm invests throughout Southeast Asia and has expanded to include private investors in addition to SOEs.2 3
Wihardja believes that for startups to succeed in Indonesia, they need to be locally focused and have a strong on-the-ground team. He has found that local companies often have an edge over global players in areas like e-commerce and delivery.3

Highlights

Oct 9 · DealStreetAsia

Indonesia's Good Doctor Technology bags $10m Series A led by ... - DealStreetAsia

Sep 5 · Tech in Asia

Indonesian state-backed startup fund raises $300m in first close - Tech in Asia

Jun 19 · globalventuring.com

Powerlist 2023: Donald Wihardja - - Global Corporate Venturing

Dec 20 · globalventuring.com

MDI Ventures: startup investing in Indonesia is all about being local -

Experience

Chief Executive Officer at MDI Ventures (May 2020 - Present)

Partner at AC VENTURES (April 2020 - May 2020), Partner at Convergence Ventures (August 2014 - April 2020), Country Manager; Chief Information Officer at 2C2P (January 2014 - July 2014), Chief Financial Officer at PT SITTI (October 2010 - December 2013), Chief Technology Officer at PT Indomog (August 2010 - December 2013), Chief Information Officer at Principia Management Group (2005 - July 2010), Senior Vice President at Intimedia (2002 - 2005), Director at Dunia Jaya Putra (DJP) (1999 - 2001), Project Manager at Logica (1998 - 1999), Project Manager at Hewlett-Packard Services Indonesia (1996 - 1998), Senior Programmer at Hewlett-Packard (August 1994 - July 1995)