TelkomMetra weighs MDI Ventures sale

TelkomMetra is weighing a sale of MDI Ventures, one of Indonesia’s biggest corporate VCs with $830 million in committed AUM, after four former MDI and BRI Ventures executives were jailed over a $25 million TaniHub investment. The case has raised concern that Indonesia’s “state loss” doctrine can turn failed state-backed venture bets into criminal cases.

Source: CNBC