# Bank Mandiri

> Bank Mandiri is a VC fund in Jakarta backing Financial Services and Mining. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Jakarta, Indonesia
- Total investments: 6
- Last investment: Sep 2025
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/bank-mandiri
- X (Twitter): https://twitter.com/bankmandiri
- Website: http://bankmandiri.co.id/
- Facebook: https://www.facebook.com/bankmandiri/

Bank Mandiri is a VC fund in Jakarta focused on Financial Services and Mining. 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 usedcars. Bank Mandiri was founded in 1998 and is headquartered in Jakarta, Indonesia.

## Contacts

5 contacts available for Bank Mandiri. Shizune tracks 5 team members at Bank Mandiri. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/bank-mandiri?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Debt | $251M–$275M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 2 | 33% |
| Mining | 1 | 17% |
| FinTech | 1 | 17% |
| Finance | 1 | 17% |
| Chemical | 1 | 17% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Debt | 2 | 33% |
| Debt Financing | 2 | 33% |
| Series A | 1 | 17% |
| Funding Round | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Indonesia | 3 | 50% |
| Singapore | 1 | 17% |
| United States | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Budi Margono | Team Member | 0 | https://shizune.co/investors/profile/budi-margono |
| Kartika Wirjoatmodjo | President Director and CEO | 0 | https://shizune.co/investors/profile/kartika-wirjoatmodjo |
| Darmawan Junaidi | Executive Officer Treasury | 0 | https://shizune.co/investors/profile/darmawan-junaidi |
| Panji Irawan | Managing Director | 0 | https://shizune.co/investors/profile/panji-irawan |
| wimboh santoso | Chairman of the Board | 0 | https://shizune.co/investors/profile/wimboh-santoso |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Geo Energy Resources | Geo Energy Resources is a coal mining group in Indonesia and is listed on the Singapore Stock Exchange. | $275M | Post-IPO Debt | Sep 29, 2025 |  |
| Chandra Asri | Chandra Asri is the petrochemical company in Indonesia. | $251M | Post-IPO Debt | Apr 01, 2024 |  |
| Geo Energy Resources | Geo Energy Resources is a coal mining group in Indonesia and is listed on the Singapore Stock Exchange. | $220M | Debt Financing | Sep 22, 2023 |  |
| Mining Industry Indonesia | Mining Industry Indonesia is a mining company located in Indonesia. |  | Debt Financing | Nov 26, 2019 |  |
| Quassar Capital | Quassar Capital is a New York–based investment firm founded in 2012, managing $23.6 billion in assets under a disciplined investment mandate focused on execution and performance.The firm develops and deploys proprietary technology and quantitative frameworks, supported by rigorous global market analysis, to identify high-conviction opportunitiesacross global, multi-asset markets. Particular attention is given to timing, liquidity conditions, and the mechanics of how markets trade.Quassar Capital integrates data-driven insights and quantitative models with deep fundamental research to support informed decision-making across asset classes. This approach is designed to remain robust across different market environments and volatility regimes.The firm’s culture is grounded in intellectual rigor, independent judgment, and accountability. Teams are expected to challenge assumptions, think critically, and operate with discipline, with a strong emphasis on process quality and risk management.Quassar Capital builds long-term partnerships based on integrity, transparency, and alignment of interests, with a consistent focus on delivering durable results over time.Quassar Capital, L.P. is affiliated with Cabrera Capital Markets LLC.Contact Us: contactcenter@quassarcapital.com | $41.4M |  | Mar 04, 2018 |  |
| Amartha | Amartha is a financial technology company that connects micro and SME business partners with investors. |  | Series A | Mar 07, 2017 |  |

6 of 6 investments shown.

## Co-investors
- [Bank of America](https://shizune.co/investors/profile/bank-of-america) — VC Fund, 1 deal together
- [Bank of China](https://shizune.co/investors/profile/bank-of-china) — VC Fund, 1 deal together
- [Bank of Ireland](https://shizune.co/investors/profile/bank-of-ireland) — VC Fund, 1 deal together
- [Bank of Oklahoma](https://shizune.co/investors/profile/bank-of-oklahoma) — VC Fund, 1 deal together
- [BEENEXT](https://shizune.co/investors/profile/bee-next) — VC Fund, 1 deal together
- [Chase](https://shizune.co/investors/profile/chase) — VC Fund, 1 deal together

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### Similar country
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## Featured in investor lists
- [Mobile Apps Investors in Indonesia](https://shizune.co/investors/mobile-apps-investors-indonesia)

## FAQ

### What does Bank Mandiri invest in?

Bank Mandiri invests primarily in Financial Services, Mining and FinTech startups, most often at Post-IPO Debt and Debt Financing stage. Most of the 6 investments tracked by Shizune back companies in Indonesia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Bank Mandiri's check size?

Bank Mandiri typically joins rounds of $251M–$275M at Post-IPO Debt. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Bank Mandiri participates in.

### How do I contact Bank Mandiri?

Public channels for Bank Mandiri include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Bank Mandiri?

The team at Bank Mandiri includes Budi Margono (Team Member), Kartika Wirjoatmodjo (President Director and CEO) and Darmawan Junaidi (Executive Officer Treasury). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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