Bukalapak co-founders and former executives Achmad Zaky and Nugroho Herucahyono (Xinuc) have set up a VC fund, called Init 6, currently deploying funds from their personal pockets, to invest in seed and Series A-stage startups in Indonesia.
“Currently this is from the GP’s own money. It is not a proper fund. We will consider inviting external parties in the future if this proves successful,” Zaky told DealStreetAsia.
