SMDV

SMDV (Sinar Mas Digital Ventures) is a prominent venture capital firm based in Jakarta, Indonesia, serving as the corporate venture arm of the vast Sinar Mas Group. Established to foster innovation and digital transformation, SMDV strategically invests in and mentors technology-driven companies across various sectors. Its deep ties to the Sinar Mas conglomerate provide portfolio companies with unique access to extensive resources, distribution networks, and industry expertise within Indonesia and Southeast Asia, giving them a significant advantage in a competitive market.

SMDV's investment strategy spans early-stage to growth-stage companies, typically focusing on seed to Series B/C rounds. The firm seeks out startups with strong management teams, scalable business models, and significant market potential, particularly those that can leverage or disrupt traditional industries. While their investment range can vary, typical initial cheque sizes for promising ventures often fall between $100,000 and $5,000,000, reflecting their commitment to supporting founders from nascent stages through significant growth phases.

Over the years, SMDV has built an impressive portfolio of leading technology companies, many of which have become household names or industry leaders in Indonesia and beyond. Notable investments include early participation in ride-hailing giant Gojek, fintech innovator Payfazz, e-commerce platform Sociolla, and aquaculture technology leader eFishery. With over 100 investments to date, SMDV plays a crucial role in shaping Indonesia's digital economy, demonstrating a keen eye for disruptive technologies and a long-term commitment to its portfolio companies' success.