# BRI Ventures

> BRI Ventures is Bank Rakyat Indonesia’s venture-capital arm, investing in startups and managing locally regulated venture funds. Its Sembrani funds and accelerator partnerships support Indonesian digital and consumer businesses through capital, mentoring and access to commercial networks.

- **Founded:** 2019
- **Headquarters:** South Jakarta, Indonesia
- **Founders:** Bank Rakyat Indonesia (Corporate parent and establishing institution), Nicko Widjaja (Founding CEO; former CEO by 2026)
- **Products:** Corporate venture investments, Sembrani Nusantara, Sembrani Wira, Sembrani Kiqani, KIQANI Lab
- **Notable:** Launched Sembrani Nusantara as a pioneering locally constituted, OJK-licensed venture fund in 2020., Co-ran a 2021 Grab accelerator cohort with six graduates and three startups securing financing during the programme.

## Products & services

- **Corporate venture investments** — Capital investments in fintech and other growth companies, with strategic connections to BRI.
- **Sembrani Nusantara** — OJK-regulated venture fund with outside investors; initial focus on education, agro-maritime, retail, transport and health.
- **Sembrani Wira** — Startup accelerator providing mentoring, technical training and commercial-network access.
- **Sembrani Kiqani** — Consumer-oriented early-stage investment initiative developed with Kiqani partners; announced in December 2021, with the second fund launched in 2022.
- **KIQANI Lab** — Direct-to-consumer accelerator for Indonesian local brands.
- **Tokocrypto Sembrani Blockchain Accelerator** — Blockchain startup programme through Tokocrypto’s TokoLaunchPad and Sembrani Wira.

## Achievements

- Launched Sembrani Nusantara as a pioneering locally constituted, OJK-licensed venture fund in 2020.
- Co-ran a 2021 Grab accelerator cohort with six graduates and three startups securing financing during the programme.

## Latest updates

- **2025-07** — Published product and service disclosure for the venture fund.
- **2026-06** — Jakarta Corruption Court convicted former CEO Nicko Widjaja and former investment executive William Gozali in the TaniHub investment case; their defence disputed criminal liability.
- **2026-09** — DealStreetAsia reported that Widjaja’s three-year and Gozali’s two-year sentences were upheld on appeal.
- **2026-09** — The Jakarta Post reported restitution orders against TaniHub and two subsidiaries; this is a portfolio-company development.

## Links

- Website: https://www.briventures.id/
- LinkedIn: https://www.linkedin.com/company/briventures/
- Twitter/X: https://twitter.com/briventures_
- Instagram: https://www.instagram.com/bvi.id/
- Facebook: https://facebook.com/briventures

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Profile page: https://yespress.io/bri-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-10-08