Fundraising Fox

Init 6

Venture capitaloperating company · company profile

Jakarta · Pre-Seed–Series A · 7 people tracked

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Investment thesis

Init 6 is a venture capital firm focused on backing high-potential startups in Indonesia. Founded by former Bukalapak leaders, the firm aims to empower a new generation of founders to build significant, technology-driven companies. Its founders draw on operating experience from scaling Bukalapak, one of Indonesia's major technology companies.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$1M – $18M
HQ
Jakarta, ID
Instruments
Equity
Founded
2020
Tracked investments
28

Team · 7 people

from the firm's website & public directories
Nugroho Herucahyono· Founding Partnerin
Arif Medianto· Managing Partnerin

Founder mafia

2 people who came through Init 6 went on to found or lead other companies.

What they invest in

from 15 of 28 portfolio companies

Enterprise Software ×5SaaS ×5Fintech ×4AI & Machine Learning ×3Consumer ×3Direct to Consumer ×3EdTech ×3E-commerce ×2

HQs:Indonesia×11

Investments · 28 tracked

founders shown can be your intro path
Algobashalgobash.comin

Algobash is an AI-powered HR platform that provides end-to-end recruitment and talent management solutions, including AI interviews, skill assessments, personality tests, and HR functions like payroll and onboarding for enterprise hiring teams.

AI & Machine LearningEnterprise SoftwareHR Tech

Awanawan.ioin

Awanio builds sovereign cloud infrastructure software, including KVM-based virtualization (Vapor), cluster orchestration (Cockpit), multi-tenant white-label IaaS portals, and workload migration tools for moving off VMware, Nutanix, Sangfor, and Hyper-V.

Cloud ComputingData & InfrastructureEnterprise Software

Biomabioma.id
Codemi
Dbank
Dibimbingdibimbing.idin𝕏

Dibimbing is an Indonesian coding and professional skills bootcamp that trains learners in web development, data science, digital marketing, and other tech roles, with placement support into hiring partner companies.

EdTechFuture of WorkHR TechJakarta, ID

Dindin.global

Co-investors1982 Ventures

Flikflik.la

AI for next-gen digital content

Co-investorsAdapt VenturesEast VenturesGMO VenturePartnersSaison Capital

FLIKuseflik.com

FLIK provides Indonesian online and physical merchants with tools including a fast website checkout, QRIS-based in-store payments, shipping, and order forms/landing pages for selling.

E-commerceFintechRetail Tech

Gently

Modern wellness brand offering science-backed skincare and nutrition products for families from pregnancy through early childhood.

IDCloudHostidcloudhost.com
Imajinimajin.idin

Imajin operates an online "Manufacturing HUB" platform in Indonesia that connects businesses with local manufacturing micro, small, and medium enterprises (UMKM) to source and produce products.

Advanced ManufacturingB2B MarketplacesRoboticsSaaSJakarta, ID

Stefanus Hodir(Founder)inChendy JayaSheila Oktania

Co-investors500 Global

Ledgerowlledgerowl.comin

Ledgerowl is an outsourced financial services provider for businesses in Indonesia, offering bookkeeping, tax administration and reporting, financial operations, and business legal setup.

AI & Machine LearningFintechSaaS

Co-investorsSkystar Capital

monit
Monitpaymonitpay.comin

Monit provides Indonesian businesses with giro accounts (in partnership with BCA Digital, insured by LPS) that earn yield, alongside virtual and physical cards, expense management with spend controls, receipt scanning, vendor payments, invoicing, and accounting automation.

Enterprise SoftwareFintechSaaS

One% Nutrition
Onepercentnutritiononepercentnutrition.id

One Percent Nutrition is an Indonesia-based food and beverage brand offering protein water made with whey protein isolate and BCAAs, marketed as a zero-sugar, lactose-free hydration and recovery drink.

ConsumerDirect to ConsumerWellness & Fitness

Qiscusqiscus.comin𝕏

Qiscus provides an omnichannel conversation platform that helps businesses connect with their customers across multiple messaging channels.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaS

Ringkas
Runchiserunchise.comin

Runchise is an integrated point-of-sale and restaurant management platform that consolidates POS, online ordering, inventory, accounting, and delivery operations for food and beverage establishments.

Enterprise SoftwareSaaS

Co-investorsGenesia Ventures

Schotersschoters.comin𝕏

Schoters provides educational content and guidance for students seeking to study abroad, covering university recommendations, certification requirements, and scholarship opportunities.

EdTech

Co-investorsEduSpaze

Sekolahsekolah.muin𝕏

Sekolah.mu is an Indonesian online learning platform that uses a blended learning model, offering selectable programs for students based on their focus areas and goals.

EdTech

Setokosetoko.co
Skorskorlife.comin𝕏

Skorlife is a financial service platform that helps users monitor and understand their credit score (skor kredit) in Indonesia, calculated based on credit history and loan quality to help banks and lenders assess lending eligibility.

Fintech

Co-investorsAC VenturesHummingbird VenturesDigital Currency GroupQED InvestorsSaison Capital

Torchtorch.id

Torch is an Indonesian consumer brand that designs and sells travel and everyday bags, backpacks, sandals, apparel, and accessories, including a collaboration collection with Mobile Suit Gundam.

ConsumerDirect to ConsumerE-commerce

UMA
Umawomenumawomen.com

UMA makes women's personal care products, including organic cotton sanitary pads focused on leak protection and skin comfort, and body and intimate cleansing wipes enriched with calendula and coconut oil.

ConsumerDirect to ConsumerFemTech

Waste4Changewaste4change.com

Co-investorsAC VenturesAgaeti VenturesLiving Lab Ventures

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Init 6 made?
Init 6 has 27 tracked investments.
What stage does Init 6 invest at?
Init 6 invests at the Pre-Seed, Seed, Series A stages.
What is Init 6's typical check size?
Init 6 typically writes checks of $1M – $18M.
What sectors does Init 6 focus on?
Init 6 focuses on Consumer, Data & Infrastructure, EdTech, Fintech, Media & Entertainment, New Materials, SaaS, Sector Agnostic.
Where is Init 6 located?
Init 6 is headquartered in Jakarta, ID.
Who does Init 6 co-invest with?
Init 6 most often shares deals with AC Ventures, 1982 Ventures, Agaeti Ventures, among 7 tracked co-investors.

Media · Podcasts & interviews

featuring the team

#06 Funding & Fundraising with Achmad Zaky of Init 6

Endeavor Indonesia · Achmad Zaky

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