Indonesia Based Travel Startup Traveloka Turns Unicorn After $500 Mn Funding From Expedia, Others

Indonesia-based travel startup Traveloka has raised $500 Mn in two rounds of funding. The investors include US-based travel giant Expedia, China’s, East Ventures, Hillhouse Capital Group, and Sequoia Capital.

As per a recent company statement, Expedia has fuelled $350 Mn in the travel startup. The remaining consortium of investors pooled $150 Mn in a separate round.

Read the full article at Inc42

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