MDI Ventures, the venture capital arm of Indonesia’s Telkom, has paused new investments due to internal reviews following losses in major investments like Tanihub and Fabelio. This development has triggered interest in the Indonesian startup ecosystem, particularly discussions about Saudi Arabia’s Beta Lab potentially acquiring over 80% of MDI’s portfolio. Other notable September headlines include the IFC’s potential $30 million investment in Jungle Ventures and the shutdown of Vietnamese startup Mio. The Asia PE-VC Summit in Singapore attracted over 1,000 attendees, highlighting trends in Southeast Asia’s valuation, deep tech in China, and India’s healthcare investments.