PT M Cash Integrasi Tbk (IDX: MCAS), Indonesia’s leading digital infrastructure company, through its subsidiary PT Meta Pravia Digital (“MPD”), invests 50% in PT V2 Indonesia (V2), a company focused on high technology audio-visual solutions that already have a broad blue-chip client base and collaboration with a wide range of well-known audio-visual brands.
V2 has completed various projects in Indonesia in the government, corporate and retail sector, providing audio-visual solutions for meeting rooms, command centers, and digital signage for government, corporations, modern retail, shopping centers, airports, and MRT stations.
In addition, V2 also provides consumer electronic services, namely high-end audio, home cinema, portable audio, and gadgets to meet the needs and complement people’s lifestyle, in the form of home audio systems, wireless & portable audio, and customizable installations in collaboration with various leading audio-visual brands such as Nakamichi, Klipsch, Devialet, KEF, Hegel, Sonos, NAD, and Bluesound Professional. V2 already has various showrooms spread across Jakarta and Surabaya, including at Plaza Indonesia, Pacific Place, Tunjungan Plaza, and Pakuwon Mall.
Rental Service for Events is also one of V2’s flagship services, which offers the best-LED device rental packages, with various options according to clients’ needs for a wide range of events such as product launches, exhibitions, gala dinners, house of worship, weddings, and TV programs.
V2 has a broad customer base in various sectors such as media (CNBC, Trans TV, Kompas TV), transportation (Soekarno-Hatta Airport, MRT Jakarta), automotive (IIMS booth of BMW, Nissan, Prestige, Wuling), finance (Bank Mandiri, BNI Syariah), commercial (Gandaria City Mall, Green Sedayu Mall, OPPO Stores), house of worship (JPCC Alam Sutera Church), and various other sectors. Supported by certified engineers and technicians to provide professional installation services, pre-sales, and post-sales support, this makes V2 an integrated solution provider in the leading premium audio-visual field in Indonesia.
Jahja Suryandy, Managing Director of M Cash Integrasi, said, “We are delighted to be a part of the leading audio-visual company in Indonesia. Through this investment, we hope to access Indonesia’s growing audio-visual market and synergize it within our digital ecosystem in the effort to continue building a massive and leading digital infrastructure in Indonesia.”
“Various synergies will be carried out with V2, among others in the modern retail sector with huge numbers of modern retail networks that have been connected in the group, and also in the digital content & entertainment sector in the form of various commercial and marketing activities, and to prepare MCAS into the next new frontier of metaverse world in the very near future. We are very optimistic that through V2’s wide range of expertise in high tech audio visual, MCAS can interconnect the ecosystems in its digital infrastructure in this new frontier,” added Jahja.
Rudi Hidayat, Founder and CEO of V2 Indonesia, said, “We are optimistic that the investment made by MCAS Group through Meta Pravia Digital will bring growth and progress to V2 Indonesia. We believe that MCAS Group’s extensive business networks can accelerate our growth in the near future. Various collaborations will be carried out, both with existing V2 services and various new initiatives in the future, such as XR (extended reality), to enter the world of metaverse. This makes V2 a pioneering company in XR technology by becoming the first XR studio in Indonesia.”
“The synergy of V2 Indonesia with the MCAS Group’s ecosystem will also bring breakthroughs, especially AI (artificial intelligence), visual IT analysis technology to the government, corporate organisations to retail operations, and IoT smart apps that will be applied to support home automation,” said Rudi.
“The change and development of the creative industry also encourage us to continue to develop creative content, which will support the digital signage industry, such as the first 3D digital signage in Indonesia that we are implementing in Sarinah, Jakarta. V2 Indonesia will also present an immersive venue called House of Future as a digital tech experience gallery (AR, VR, AI, XR) and technology center for all V2 Indonesia customers. We believe this partnership will add value to all parties, including MCAS Group, V2, our clients, and customers,” added Rudi.