Introduction to MDI Ventures: Indonesia & Southeast Asia venture investment trends, Portfolios, investment focus, partnerships with Telkom Group's business units

1. December 2015
Introduction to MDI Ventures

2. SEA & Indonesia Opportunity Overview

3. SEA Income per Capita Grows Faster than Global Average
Global Avg Indonesia Thailand Philippines Malaysia Singapore
1.5%
2%
0.8%
1.3%
2.3%
1.2%
2.9%3.2%
1.4%
2.1%
2.7%
1.5%
6.3%
5.7%
4.1%
4.6%
4.1%
2%
2009-2014 2014-2019 2019-2024
Source: UBS report “ASEAN E-commerce” at 13 June 2014 / Global Demographics / Macquarie Research 2014

4. 204m 360m
Source: Ardent Capital, Accenture
+156m
Massive SEA Internet User Growth, Indonesia Takes the Lead
2014 2020
73m 146m+74m
Internet Users 2014 - 2020

5. Internet in Indonesia
INTERNET
PENETRATION INTERNET
USERS
ACTIVE SOCIAL
MEDIA ACCOUNTS
88.1 MILLION
(34% Penetration)
72 MILLION
(31% Penetration)
MOBILE
PENETRATION
95,857,646
SMARTPHONE USERS
32%
MOBILE BROADBAND
SUBSCRIPTION OF
TOTAL POPULATION
67M
ACTIVE SOCIAL MEDIA
ACCOUNTS ACCESSING
FROM MOBILE DEVICES

6. Source: CB Insights & KPMG 2015 Report - Global Analysis of Venture Funding
Center of Gravity is Shifting Towards Asia
0
22.5
45
67.5
90
2011 2012 2013 2014 H1 2015
North Americ
Europe
Asia
Asia % of Total
Investments in VC-backed Companies
13% 11% 13% 24% 26%

7. Source: CB Insights & KPMG 2015 Report - Global Analysis of Venture Funding
Asian Deals are Getting Bigger
2011 2012 2013 2014 H1 2015
Deals Investments ($B)
$15.1$20.6$6.4$4.7$6.2
608
1,143
826
566445445 566
826
1,143
608
Investments in VC-backed Asian
Companies
$13.9m $8.3m $7.8m $18m $25m
Avg
Deal
Size

8. Large Asian Rounds, SEA Starts to Catch Up
SEA
Malaysia
$250m (2015)
Indonesia
$100m (2014)
Indonesia
~$200m (2015)*
*estimated
India
$700m (2015)
China
$850m (2015)
South Korea
$1b (2015)
Sources: Techinasia, e27, TechCrunch

9. MDI Ventures
General Overview

10. MDI : CORPORATE VENTURE CAPITAL
MDI is a corporate venture capital initiative by Telkom Indonesia. It
is set as an independent entity with its own funding processes. The
fund size is USD 100 million based in Jakarta with operations in
Singapore and Silicon Valley.
The focus of investment is on the high growth verticals to enhance
digital experience and provide excellent services that lead to an
unparalleled customer experience.
MDI uniquely combines a VC model with service in providing
companies with access to operational help after making a financial
investment.
We work closely with global accelerators and venture firms to bring
proprietary technology from other mature markets into various
businesses of Telkom Indonesia.
Silicon Valley &
ASEAN Focus
Largest Telco
Network in
Indonesia
$ 100 Mio
Initial Fund Size

11. Revenue
TimeValley Of The Death
Break Even
Seed Capital
1st
2nd
3rd/Mezzanine
Venture Capitals, Strategic Alliances,
Mergers & Acquisitions
Early Stage Later Stage
Angel Investors
IPO
STARTUP FINANCING STAGE

12. NOTABLE INVESTMENTS & ALUMNI - INDIGO
Kakatu
Content Security & Management App
Accepted to Google Accelerator
Program Batch 1
ALUMNI
Jarvis Store
Online Store E-Commerce Platform
Received Seed funding from Gobi
Partners (undisclosed amount)
CURRENT BATCH
Powercube
Cloud-Based Energy
Reader for Homes &
Buildings
Apaja
Navigation app for Public
Transportation Systems
Goers
Event Discovery &
Management App
Privy.id
Open-Source Digital ID
Platform
Zelos
Job Matchmaking App for
Students
Paket.id
Backend-as-a-service for
Shipping Database
Sonar
Data Management
Platform for Social Media

13. 50+ Mio
BROADBAND DATA
CUSTOMERS
200+ K
CORPORATE
CUSTOMERS
150+ Mio
MOBILE
CUSTOMERS
10 Countries
INTERNATIONAL
PRESENCE
INDONESIAN MARKET ACCESS
More than 50% of mobil subscribers market share, and 200+K Corporate
Customers in Indonesia, making Telkom Group as a preferred go-to market
partner for startups.

14. SYNERGY WITH TELKOM GROUP
We lay our eyes and put our focus on building early to mid-stage
companies in Southeast Asia region and worldwide.
By facilitating synergies with startups, we aim to accomplish our missions :
• Maximizing portfolio value within Telkom Group
• Empowering the growth of digital entrepreneurship
• Helping to build the region's startup ecosystem
*some of Telkom Business Units

15. PARTNERSHIP WITH MDI
Strong Indonesian
Market Access
Synergies within
Telkom Business
Network
Established Brand in
Local Market
MDI Ventures aim to forge partnership with leading companies from various fields,
combining efforts to work on the same mission: to catalyze the growth of eligible
startups and launching them beyond their respective home markets.
Qualified startups will have the benefit of tapping into the resources and network of
MDI's partners.