Nicko Widjaja on the Tech Investment: The Rise of The Misfits and the Underdogs

This article is a part of DailySocial's Mastermind Series, featuring innovators and leaders in Indonesia's tech industry sharing their stories and point of view.

The tech scene is no joke, in order to succeed, one must not play by the book. As one of the pioneers in the tech investment, Nicko Widjaja, has been through hell and back looking at the industry. As the CEO of telco backed MDI Ventures, he manages to put the company as one of the few profitable venture capital firms in Indonesia.

In 2011, he started his own VC firm named Systec Ventures when many were unsure on how big the tech startup scene would be in Indonesia. Closed the fund in 2013, and became the head of Indonesia’s largest startup incubator program under Telkom Indonesia a year later with Telkom Indigo Incubator. In 2015, he went to head the new iteration of Telkom Indonesia’s creative capital thesis, MDI Ventures.