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MNC Group, VC Fund

MNC Group

VC Fund

Jakarta Pusat, Indonesia

MNC Group is a VC fund in Jakarta Pusat focused on Internet and Apps. Established in late 1989, MNC Investama or known as MNC Corporation began in the financial service industry as a brokerage house and has evolved to become Indonesia's leading investment group. It went public on the Indonesian Stock Exchange in 1997.Under the leadership of its founder and Group CEO, Hary Tanoesoedibjo, MNC Corporationfocuses on 3 strategic investments: Media, Financial Services, Property and Portfolio Investments.In the media sector, operated under its subsidiary Global Mediacom or known as MNC Media, MNC Group own the largest and the most integrated media in South East Asia, with a portfolio of free to air TV stations, Pay TV platforms and online business.In advertising related business, MNC owns four national free to air stations. Being the largest TV station in Indonesia, RCTI specializes in family drama series and major entertainment programs. Some major programs produced by RCTI include Indonesian Idol, Master Chef, X Factor and Rising Star. MNCTV focuses on variety shows, traditional type of drama and live sports. And Global TV entertains kids and young adults with hollywood movies and cartoons.MNC also owns iNews TV, the largest national TV network, comprising 51 local TV stations across Indonesia with focus on news programs operates 22 Pay TV channels under the MNC family brand and has the largest content library of more than 270,000 hours. iNews TV network and Pay TV channels will become an important source of future growth for MNC Media.

Total investments:
5
Last investment:
Lead investor:
40%

Last updated:

Industries MNC Group invests in

InternetAppsVideoMobileTravel

Stages MNC Group invests in

Series BSeries CCorporate RoundPost-IPO EquityVenture - Series Unknown

Countries MNC Group invests in

IndonesiaSingaporeMalaysia

Contacts

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Investment Focus

Industry

  • Internet 2 (40%)
  • Apps 1 (20%)
  • Video 1 (20%)
  • Mobile 1 (20%)
  • Travel 1 (20%)
See all 17 industries →

Stage

  • Series B 1 (20%)
  • Series C 1 (20%)
  • Corporate Round 1 (20%)
  • Post-IPO Equity 1 (20%)
  • Venture - Series Unknown 1 (20%)

Country

  • Indonesia 2 (40%)
  • Singapore 2 (40%)
  • Malaysia 1 (20%)

Team

NameTitleInvestmentsLinksEmail
Hary Tanoesoedibjo
Hary Tanoesoedibjo Founder & Executive Chairman
Founder & Executive Chairman Total investments: 0
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CEO Total investments: 0
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Investments

CompanyDescriptionRoundLinks
Migo levels the digital playing field for 3 billion under-innovated consumers – bringing the best bits of the internet to the corner store, across the emerging world.After bringing reading into the digital era, Kindle tech inventor Barrett Comiskey built Migo’s disruptive unique ecosystem solution to provide affordable access to digital productsand services. Backed by Temasek, YouTube’s Co-Founding CTO, blue chip VCs, and key industry insiders, Migo delivers data up to 100 times cheaper than existing networks, and that cost advantage is growing.Migo launched in Indonesia in 2020. Migo’s initial product is sachet passes providing customers access to entertainment and education at convenient neighborhood clouds (aka Migo Download Stations/MDS). Migo today has over 300 MDS locations across Jakarta and is rapidly scaling. In September 2021, MNC Vision Networks (MVN), a subsidiary of leading media conglomerate MNC Group, invested $40 million for a minority stake in Migo Indonesia, accelerating Migo Indonesia’s rollout to reach 100 million Indonesians across Java by end of 2022. Prior to the investment, Migo Indonesia became the core distributor of Vision+ (MVN’s OTT) content, by launching Vision+ on Migo to deliver a tailored experience to offline consumers. In addition to its cornerstone partnership with Vision+, Migo Indonesia also carries entertainment content from a range of top local and international producers, and education content from the best Indonesian EdTech players, as well from the Ministry of Education, Culture, Research and Technology. $20M / Series C / Feb 10, 2023
iflix is the world’s leading entertainment service for emerging markets, offering users unlimited access to thousands of TV shows, movies and more. With a vast selection everyone’s favourite comedies, drama, K-drama, Turkish drama, Bollywood, Nollywood, cartoons, movies and more from Hollywood, The UK, Asia, The Middle East and Africa, iflix placesthe entertainment people want at their fingertips to either stream or download.For one low monthly fee, iflix subscribers can watch on their mobile phone, laptop, tablet, TV… wherever, whenever. $50M / Corporate Round / Jul 22, 2019
RedDoorz is a platform offering budget accommodations across key business and tourist destinations in Southeast Asia. The company solutions help partners manage distribution, marketing, technology, customer experience, and pricing solutions offering an end-to-end platform.RedDoorz has grown to over 1,000 employees in five countries, funded byleading investors, such as Jungle Ventures, Susquehanna International Group, International Finance Corporation (the World Bank), 500 Startups, and Innovate Capital. It also operates a marketplace of two-star, three-star and below budget hotels, selling access to rooms to people.RedDoorz was founded in 2015 and is based in Singapore. $45M / Series B / Mar 01, 2019
Migme Limited is a global digital media company focused on emerging markets offers migme, a fan-based social entertainment platform that offers chat, content, and microblogging services. It enables users to post bite-sized blogs, send messages, and exchange virtual gifts with each other.The site’s revenue is generated via gifts, games, avataritems, emoticons, and stickers.Migme Limited was founded in 2005 and is listed and registered in Australia, with headquarters in Singapore. $6.2M / Post-IPO Equity / Aug 22, 2016
KerjaDulu.com is a pioneer of social networking platform in Indonesia for work professionals seeking jobs and recruitment solution for employers to find great people. Venture - Series Unknown / Mar 01, 2016

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FAQ

What does MNC Group invest in?

MNC Group invests primarily in Internet, Apps and Video startups, most often at Series B and Series C stage. Most of the 5 investments tracked by Shizune back companies in Indonesia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact MNC Group?

Public channels for MNC Group include LinkedIn 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 MNC Group?

The team at MNC Group includes Hary Tanoesoedibjo (Founder & Executive Chairman) and vinod kumar (CEO). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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