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Traveloka secures USD300 million in funding
Thursday, 03 Oct, 2022
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Indonesia’s largest OTA Traveloka has pocketed another$300 million in funding.
BlackRock, Allianz Global Investors, and Orion Capital Asia
Sovereign wealth fund Indonesia Investment Authority joined BlackRock, Allianz Global Investors, and Orion Capital Asia in the latest round of financing.
Ferry Unardi, Traveloka’s CEO said the funds ‘allows us to strengthen our balance sheet further and continue to focus on our core business.’
As travel takes off again, Traveloka is closing down its Traveloka Eats food delivery and Traveloka Send courier services.
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