How many investments has Init 6 made?

Init 6 has 30 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.

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, Hummingbird Ventures, among 8 tracked co-investors.

Init 6

Venture capitaloperating company · company profile

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

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into Init 6

306 people in our graph share verified history with the Init 6 team — schools, employers, funds. One of them is your warm intro.

Celine Xiaounlockedknows Achmad Zaky · together at HEC Paris (overlapped)

×5knows the team · via HEC Paris

knows the team · via University of Indonesia

×3knows the team · via Corporatefinanceinstitute

knows the team · via Bukalapak

knows the team · via Universidad Iberoamericana, Ciudad de México

✨ Fox Verdict

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.

Invests inConsumer Data & Infrastructure EdTech Fintech Media & Entertainment New Materials SaaSSector AgnosticAsia-Pacific Indonesia Jakarta Pakistan Singapore United States

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Series A

Check

$1M – $18M

Jakarta, ID

Instruments

Equity

Founded

2020

Tracked investments

Team · 7 people

from the firm's website & public directories

Nugroho H· Founding Partner· Jakarta Metropolitan Areain

Co-founder of Init 6 with Achmad Zaky. Former CTO of Bukalapak, where he developed the company's early technology and scaled its adoption.

Xinuc· Co-Founder

Co-founded init6 with Achmad Zaky. Formerly CTO of Bukalapak, where he developed the company's early technology and scaled its adoption.

Achmad Zaky· Founding Partner· Jakarta, Jakarta, Indonesiain

Founding partner of init6 and co-founder of the firm. Previously built Bukalapak, drawing on that operating experience.

z•••@init-6.fundreveal

Nugroho Herucahyono· Founding Partner· Jakarta Metropolitan Areain

x•••@init-6.fundreveal

Arif Medianto· Managing Partner· Mexico City Metropolitan Areain

a•••@init-6.fundreveal

Rexi Christopher· Venture Partner· Jakarta Metropolitan Areain

Rexi Christopher is a Venture Partner at init 6 and Commissioner at torch.id. He holds an MSc in International Finance from Rennes School of Business and has experience in venture capital and consulting. He writes about logistics technology and startup investments.

r•••@init-6.fundreveal

Teuku Al Hafidh· Associate Director· Jakarta, Indonesiain

Teuku Al Hafidh is an Associate Director of Investment at Init6 with expertise in credit analysis, debt restructuring, and financial modeling across private, state-owned, and public companies. He holds a bachelor's degree and professional accounting certification from the University of Indonesia, along with an MBA from the Bandung Institute of Technology. His background includes experience in valuation, restructuring, and audit functions.

h•••@init-6.fundreveal

Founder mafia

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

Achmad ZakyFounding PartnerFounded Init 6 +1 Nugroho HerucahyonoFounding PartnerFounded Bukalapak Nugroho HFounding PartnerFounded Bukalapak

What they invest in

from 19 of 30 portfolio companies

SaaS ×7Enterprise Software ×5Fintech ×5E-commerce ×4AI & Machine Learning ×3Consumer ×3Direct to Consumer ×3EdTech ×3

HQs:Indonesia×15United States×1

Investments · 30 tracked

founders shown can be your intro path

Showwcaseshowwcase.com in 𝕏✓ verified

Showwcase is a professional network for developers that enables them to showcase their skills, connect with a global tech community, and access job opportunities.

Creator EconomyDeveloper ToolsFuture of WorkSaaSSocialSan Francisco, US

Rong Liew(CEO, Co-founder)in

Co-investorsVynn Capital

Algobashalgobash.com in

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

Elfino Sitompulin

Awanawan.io in

Awan.io Cockpit is a data center virtualization management platform designed as a direct replacement for VMware vCenter, targeting IT infrastructure teams seeking cost reduction and operational control.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareJakarta, ID

Dibimbingdibimbing.id in 𝕏

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

Flikflik.la

AI for next-gen digital content

Co-investorsAdapt Ventures East Ventures GMO VenturePartners Saison Capital

Flikflik.co.id

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

E-commerceFintechRetail Tech

Co-investorsZ Venture Capital East Ventures GMO VenturePartners Saison Capital

FLIKuseflik.comJan 2023 · $1.1M

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

Co-investorsEast Ventures GMO VenturePartners Saison Capital

Imajinimajin.id inJan 2023

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

Chendy Jaya inSheila Oktania Stefanus Hodir(Founder)in

Co-investors500 Global East Ventures

Ledgerowlledgerowl.com in

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-investorsIncubate Fund Skystar Capital

Monitpaymonitpay.com in

Monit is a technology company providing business bank accounts with integrated financial management tools for companies in Indonesia.

Enterprise SoftwareFintechSaaSJakarta, ID

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.com in 𝕏Oct 2023

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

AI & Machine LearningEnterprise SoftwareMarketing TechSaaS

Evan Purnama(Founder)in

Runchiserunchise.com in

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-investorsEast Ventures Genesia Ventures

Schotersschoters.com in 𝕏

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

EdTech

Co-investorsEduSpaze

Sekolahsekolah.mu in 𝕏

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

Syaiful Lokanin

Setokosetoko.co

Setoko is an order management platform for online sellers that centralizes orders from online stores, offline sales, WhatsApp, and social media in one place.

E-commerceRetail TechSaaS

Skorskorlife.com in 𝕏

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 Ventures Hummingbird Ventures Digital Currency Group QED Investors Saison Capital

Torchtorch.id

Torch provides merchandise production and fulfillment services for online communities, handling design, production, and logistics so community creators can generate revenue without managing operations.

ConsumerCreator EconomyDirect to ConsumerE-commerceMarketplacesBandung, ID

Ben WirawanHanafi Salman

Co-investors137 Ventures Alumni Ventures Amex Ventures Bessemer Venture Partners Health Velocity Capital Norwest Venture Partners +2 more

Umawomenumawomen.com

UMA produces ultra-slim feminine hygiene pads designed with high absorbency to prevent leakage for up to 8 hours, available in day and night variants.

Circular EconomyConsumerDirect to ConsumerFemTechWellness & Fitness

Waste4Changewaste4change.com

Waste4Change provides responsible waste management services in Indonesia, serving both businesses and individuals.

Circular EconomyCleantechImpact & Social Good

Co-investorsAC Ventures Agaeti Ventures Living Lab Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

BiomaCodemiDbankDinGentlyIDCloudHostmonitOne% NutritionRingkasUMA

Portfolio news

latest coverage across their companies

Steve Wozniak Net Worth 2026: What's Documented - TheZeroNet | Celebrity. Technology. Culture. Decoded.

Awan · thezeronet.com · Sep 9, 2026

Atira Raises $17.5M in Funding

Flik · finsmes.com · Sep 3, 2026

Revitalisasi Sekolah Dilakukan Melalui Swakelola oleh Sekolah Sendiri, Bukan oleh Kontraktor!

Sekolah · thecuy.com · Aug 14, 2026

ID Digest: Ledgerowl bags funding; Police name suspects in alleged DSI fraud

Ledgerowl · dealstreetasia.com · Feb 6, 2026

Qiscus expands via acquisition 🤝. Superbank IPO frenzy 📈. AI adoption accelerates 🤖🇮🇩

Qiscus · dailysocial.id · Dec 22, 2025

Schoters.com: Your Gateway To Global Education

Schoters · posvirtual.fapam.edu.br · Dec 3, 2025

Frequently asked questions

How many investments has Init 6 made?: Init 6 has 30 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, Hummingbird Ventures, among 8 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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