BRI Ventures secures first close of Kiqani fund, and final close of Sembrani at over $25m

BRI Ventures secures first close of Kiqani fund, and final close of Sembrani at over $25m

Nicko Widjaja, CEO, BRI Ventures at the Indonesia PE-VC Summit 2020. Photo: DealStreetAsia

BRI Ventures (BVI), the corporate venture capital arm of the Indonesian state-owned lender Bank Rakyat Indonesia (BRI), has secured the first close of its Sembrani Kiqani fund in June 2022.