Traveloka Reportedly Looking for Rp6 Trillion New Funding

To be used for expansion and product improvement besides flight ticket and hotel booking

Randi Eka - 6 October 2018

Traveloka reportedly raising funds to $400 million (equal to Rp6 trillion) from investors to accelerate expansion. Investment also needed to support the secondary service improvement (besides flight ticket and hotel booking), such as concerts or entertainment shows.

Currently, Traveloka has accommodated consumers in many countries. Providing more than 40 payment options, besides Indonesia, Traveloka is now available in Thailand, Vietnam, Malaysia, Singapore, and the Philippines. Traveloka ecosystem is developing rapidly, they recently get into new business for car rental and PayLater credit option.

Last year, Traveloka officially joined Indonesia's unicorn startup boards after acquiring investment from Expedia worth of $350 million - it takes the company to more than $2 billion valuations. In addition, Traveloka investors are also East Ventures, Hillhouse Capital Group,, and Sequoia Capital.

Application Information Will Show Up Here

- Original article is in Indonesian, translated by Kristin Siagian

Are you sure to continue this transaction?
processing your transaction....
Transaction Failed
Try Again is a news portal for startup and technology innovation. You can be a part of`s startup community and innovation members, download our tech research and statistic reports, and engage with our innovation community.

Sign up for our

Subscribe Newsletter