Found inside... Hota, 76–77, 80; Industry Innovation Upgrade Fund, 75; Productivity 4.0, 75; robotics, 80, ... G. 102 Toyota 185 trade war 74 Traveloka 128 Uber 160, 175. The company has hinted this funding would come for more than a year. The Member.id loyalty platform has announced series A funding worth of $1.1 million or equivalent to 15.4 billion Rupiah. Traveloka.com previously raised its series A investment from Global Founders Capital and early stage investment from East Ventures. The company has hinted this funding . Get exclusive stories and unlimited access to Skift.com news, Access every online Skift event live or on demand, Access exclusive travel research, data insights, and surveys, Subscribe to Skift Pro to get unlimited access to stories like these ($25/month). The firm, based in Singapore, will invest in a variety of startups, not just ones in travel and lifestyle. March 22, 2021. Found insideThis book aims to elaborate the basics and recent advances of membrane distillation (MD) as the same shows promise for seawater desalination and wastewater treatment. The company had closed . Traveloka, founded in 2012, has tended to keep details quiet about its financing, and it did not reveal who led this round, Reuters reported. It seems that 2012 is definitely the year for startups venturing into the Indonesian travel industry. Funds from investments are used to build new services such as hotel bookings and travel packages. This book examines the challenges faced by emerging market multinationals as they develop their international operations and proposes actionable solutions. Traveloka and Singapore-based venture capital firm SPH Ventures co-led a Series B funding round for event tech startup PouchNation. 4.6 Trillion [9] from companies such as Expedia Inc., East Ventures, Hillhouse Capital Group, JD.com and Sequoia Capital. Found inside – Page 270In 2015, the OJK passed a series of regulations to govern the ... there were 65 venture capital funds operating in Indonesia, with deals between 2015 and ... The 21st Century Maritime Silk Road is a key component of China's Belt and Road Initiative and, as such, can play a crucial role in the development of maritime infrastructure throughout Asia and the Pacific in the coming years. Gojek announced it has secured another $2 billion for its Series F round. Since the outbreak, the company has cut an unspecified number of positions, including . Learn more about each company and apply to jobs near you. The travel industry is witnessing a sharp decline in business since the spread of the coronavirus. Traveloka is almost 100% back in business against all odds, plus the Bangladeshi startup that raised the largest series A round in the country. Found inside – Page 636... OVO has a very large capital market in its funding systems. ... (Rp 40.6 trillion) after defeating Traveloka with a valuation of US $ 2 billion (Rp 28 ... SoftBank, Warburg Pincus co-lead US$400M+ Series D of Advance Intelligence Group September 23, 2021; Dropezy raises US$2.5M Pre-Series A funding round to further expand e-grocery service September 23, 2021; Tracking U.S. COVID-19 Vaccine Donations September 22, 2021 This is the Indonesian unicorn's first publicly disclosed investment in a tech startup.. See more » February 6, 2020 PR Newswire Asia Press Release Aiming to Prevent Coronavirus Outbreak, Traveloka Distributes N95 Masks to International Passengers. How much funding has this organization raised over time? This book provides an 'off' switch, helping readers apply an automatic mental filter to the incoming cacophony, to filter out only what they can use for smarter money moves. Found inside... and investment value, at 96%, with the largest funding rounds led by companies such as Gojek, Traveloka, and Tokopedia. However, fintech and health care ... Found inside – Page 36... BEKRAF has given technical assistance as well as contribute to funding new ... among others, Go-jek, Grab, Uber, AirBnB, Traveloka, and Tokopedia. The deal is Traveloka's first publicly disclosed investment in a tech startup and is part of its expansion to other fields in the online travel agency (OTA) industry. Singh is a business travel icon, and his ideas and energy may rev up the metabolism of travel managers, whether or not they buy into his new startup Spotnana. Highly uncertain estimates, but it's the best I can do for now. What Is Traveloka? Tweet on Twitter. WhatsApp acquired by Facebook). 17. Jakarta-based agency Traveloka, South Korea-based agency MyRealTrip, and Colombia-based agency Awake Travel are among the travel startups that together announced more than $297 million in funding this week. Wego, a leading metasearch site in Asia also received funding of $17 million in Series C. But, Traveloka, one of the two leading travel metasearch sites in Indonesia has been switching its model to become an OTA. Traveloka has raised a total of $1.2B in funding over 6 rounds. The company said it has launched a series of data security education campaigns to raise awareness of the importance of protecting confidential data. — Joanna Glasner. Traveloka is the first national company in Asia that receives a Series A funding from Global Founders Capital and East . The rare ones that do often attract venture capital. "With this new funding, we plan on building our momentum as consumer spending in e-commerce has picked up during the pandemic and beyond. The funding round was led by Southeast Asia technology company Traveloka and Singapore Press Holdings Ventures. PouchNATION closes Series B funding round led by Traveloka, SPH Ventures. Photo Credits: Segari. Traveloka provides 24/7 customer service in local languages . >>Hotailors, a service provider for the corporate travel sector, has raised a $3.4 million (£2.6 million) seed round. KiotViet raises $6 million series A funding from Jungle Ventures and Traveloka By Tay Lan - Aug 16, 2019 | 11:42 AM GMT+7 The LEADER KiotViet, a store management software developed by local startup Citigo, has secured $6 million in series A financing from Singapore-based venture capital firm Jungle Ventures and Jakarta-headquartered airline and hotel booking services provider Traveloka. Found insideThe 2019 edition of Policy Coherence for Sustainable Development looks at countries’ efforts to meet this challenge and identifies opportunities for accelerating progress. Their funding rounds come in waves. Existing investor Jungle Ventures - which provided a $6 million Series A in 2019 alongside travel booking platform Traveloka - also took part. >>MyRealTrip, an online travel agency based in Seoul, has raised $36 million (43.2 billion won) in a funding round. Startup Ranking updated the Employees Number, 3 years ago. Fresh funds will be focused on strengthening content capabilities on the platform, in line with their mission to create a "creator economy". September 7, 2021. Freestyle Capital led the round. In order to achieve that feat, UrbanIndo is helped by new-found cash from GREE Ventures and IMJ Fenox in a series A funding round in June. Top Contributors: Last Updates: See All. It reflects the sharp drop in business after lockdown orders halted flights and travel. It seems that 2012 is definitely the year for startups venturing into the Indonesian travel industry. Startup provider of customer loyalty and marketing programs, Member.id, announced that it has won Series A funding of USD 1.1 million The Jakarta-based company was founded by several Indonesian technology information practitioners with years working experiences at tech companies in the United States of America. Traveloka is funded by 9 investors. Please email Senior Travel Tech Editor Sean O'Neill at so@skift.com if you have funding news. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. We are staying true to our mission of helping brands sell online using the omnichannel approach. The funding is to be used to reach a larger market scope, accommodate more talents and comprise new collection of services such as . >>Swoop, a software management tool for chauffeured group ground transportation services, has raised $3.2 million. It’s one of the world’s 10 best-funded travel startups. Website: https://www.traveloka.com. Traveloka is also promoting data protection best practices among its users, the company said. This week, travel startups announced more than $297 million in funding. Series A funding in 2013 (undisclosed) from: Global Founders Capital (VC arm of tech incubator Rocket Internet) Series B (undisclosed) from: East Ventures, Hillhouse, Sequioa, JD.com. As Skift’s Raini Hamdi reported last year, the company has faced turmoil in its leadership as it tries to navigate challenging industry dynamics. Traveloka is an online travel agency for customers in Indonesia, Malaysia, the Philippines, Thailand, Singapore, and Vietnam. Jakarta-based Xendit, best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its . Vacation-rental startup Airbnb Inc. cut 25% of its workforce and raised an additional $2 billion in debt to help weather the downturn. Found insideEvery year, the World Bank’s World Development Report (WDR) features a topic of central importance to global development. It reflects the sharp drop in business after lockdown orders halted flights and travel. It also follows the launch of Traveloka Xperience, which enables users to find and book . One of the launched initiatives is TS Media as a new content production . . Near-field communication enables two electronic devices, one usually being a portable one, to communicate within a small distance with each other. Last Funding Type Venture - Series Unknown; Legal Name Traveloka Group of Companies; Hub Tags Unicorn Company Type For Profit; Contact Email info@traveloka.com; Phone Number +63-2-246-9057; Traveloka is an online travel aggregator that helps customers choose and book their next travel location. It ships the gear, and consumers ship it back when done. Rumours of the funding round had been circulating since four months ago but the startup had just released its official statement on Friday . Travelstop gains US$3 million more in funding, partners Traveloka. Company Founders and Funding: Founded in 2012 by Ferry Unardi (CEO), Derianto Kusuma (ex-CTO, left co.), and Albert Zhang. Indonesia-based fintech startup CrediBook recently secured US$1.5 million in a pre-series A funding round from Wavemaker Partners, Alpha JWC Ventures, and and East Ventures to secure about $250 million, the people said, asking not to be named because the discussions are private. Founded: January 01, 2012. Reportedly, Traveloka issued ~$100m in refunds in 2020. This round was led by East Ventures and Traveloka. The company has now raised $255 million in funding altogether. DialCom24, Alfabeat, and other investors took part. Series C round in 2017 ($500m) from: Expedia, East Ventures, Hillhouse, JD.com, and Sequioa Capital (officially hitting unicorn . Traveloka was founded in Indonesia in 2012, and today it services Southeast Asia's six primary markets — Indonesia, Thailand, Malaysia, Singapore, Vietnam and the Philippines. With a population of 570 million and growing middle class, Southeast Asia’s six largest economies are expected to see their online travel market more than double from $34 billion in 2019 to $78 billion in 2025, according to the most recent report by Google, Temasek and Bain released in October. Funding round. Indonesia-based travel marketplace company Traveloka is said to be in funding talks to raise US$400 million in a new investment round led by Singapore's sovereign wealth fund GIC. Concepts included rental apartments for corporate workers in the hybrid era as well as enterprise software for airline business intelligence and corporate travel technology. In September 2013, the company announced a series investment by Global Founders Capital. The funding round also came after SIRCLO secured $45 million in a Series B3 funding round in May this year, according to earlier reports. Found inside – Page 236... Traveloka, Sribulancer, Bilna, Berrybenka, Kudo, Shopdeca, Urbanindo, Adskom, Orori and many others. CyberAgent Ventures21 was focused on Series A ... Traveloka Chief Executive Officer Ferry Unardi said in an interview at the New Economy Forum in Beijing in November that the company is considering an initial public offering in Indonesia and in the U.S. in two to three years. Traveloka, online travel aggregator that helps customers choose and book their next travel location. 1 Travel App Jumps on Fintech Bandwagon. The company has officially raised $750 million to date from investors including Hillhouse Capital, Sequoia Capital, Expedia Group, and JD.com. Equipment includes hiking and backpacking apparel, camping tents, and skis. Traveloka provides 24/7 customer service in local languages as well as more than 40 different local payment methods. Expedia saw its total gross booking fall 39% in the first quarter, while its share price has dropped 21% this year. Found inside – Page 66... high level of competition, large funding requirements, a less solid team, ... four from Indonesia, namely Gojek, Tokopedia, Traveloka and Bukalapak. Found insideFilled with in-the-field stories, insights, and tools, The Startup Way is an essential road map for any organization navigating the uncertain waters of the century ahead. gotten into providing other services, such as credit cards, the closure of several South Korean travel agencies, recreational vehicles being a rare winner in 2020 travel. During the pandemic, outdoor recreation companies have seen a boom in bookings, with rentals of recreational vehicles being a rare winner in 2020 travel. Series A financing is typically drawn from venture capitalists. Traveloka's lifestyle superapp has been downloaded more than 60 million times, making it the most popular travel and lifestyle booking . TechCrunch has more here. Altos Ventures led the investment. >>Arrive Outdoors, an outdoor gear rental company, has raised $4.7 million in seed funding. "We have rigorous security measures in place that are constantly being enhanced, and we do not share user data with third parties without explicit . "Mogul management" appears to be the new "revenue management. Its other high-profile . Rumours of the funding round had been circulating since four months ago but the startup had just released its official statement on Friday, August 10. The two companies collaborate on new technologies aimed at relieving the pain points of event organizing, said Traveloka Xperience CEO Christian Suwarna. Original Post by e27. Traveloka's way of life superapp has been downloaded greater than 60 million instances, making it the . The company has raised more than $68 million so far, the publication Korean Investors reported. (Bloomberg) -- Traveloka, Southeast Asia’s biggest online travel startup, is close to raising fresh funds at a private-market valuation of about $2.75 billion -- roughly 17% less than its most recent fundraising, according to people familiar with the matter. PouchNATION closes series-b funding led by Traveloka and SPH Ventures. STORE management software firm KiotViet has raised US$6 million in Series A funding from Jungle Ventures and Traveloka, the Vietnamese startup announced on Thursday. S Priyashini btnews@sph.com.sg. Few companies meet that definition. Traveloka is a leading travel booking website and app for domestic and international destinations. Traveloka counts online travel site Expedia Group Inc. and JD . Traveloka also offers financing, payment, and insurance products to help Southeast Asian consumers fulfill their lifestyle aspirations. Through its financial services products, Traveloka also offers financing, payment, and insurance solutions for the underbanked. Second seasons often disappoint, but Steve Singh's comeback bodes well for blue-chip corporations. IMM Investment and Smilegate Investment also took part. A Traveloka representative declined to comment.Traveloka, which has had its business hammered by the coronavirus fallout, is one of the first unicorns in Southeast Asia to experience a down-round -- raising funds at a lower valuation than the previous funding round. Traveloka is an Indonesian flight search engine covering mostly domestic routes and airlines. Ex-Traveloka, Grab execs' one-year-old online fresh grocery startup Segari raises seed funding led by Beenext . The force of Asian innovation and market presence will be with us forever. You'll be well served by reading this excellent work and getting to know some of the players involved. >>Awake Travel, an online travel agency that helps with booking eco-friendly trips and experiences in Colombia, has raised a seed investment for $500,000 (U.S. dollars). A side note, first: Ritesh Agarwal, the founder and CEO of hospitality company Oyo, said this week he had co-founded an early-stage venture capital firm, Aroa Ventures. Their success stories . PouchNATION today (6/26) announced the series B funding led by Traveloka with undisclosed value. This move surprised me and I wanted to dig deep to know the reason behind it. Found insideAlice Haine, “Generation Start-up: Funding Was 'Petrifying' in the Early Days, ... Garena, Lazada, Gojek, Tokopedia, Traveloka, and Bukalapak. Series D, E and beyond These mainly mature businesses and the funding round may help a company prepare to go public or be acquired. 1 Travel App Jumps on Fintech Bandwagon. PouchNATION, an offline-to-online solutions firm for events and venues in Asia, has closed a Series B investment round to support its transition into a multi-faceted entertainment platform. Segari, a grocery social commerce start-up focusing on providing fresh produce to consumers, has raised US$16 million in its Series A funding. The reason for this is because Traveloka now deals with people's money, and the risk is a lot higher than when Traveloka was just an aggregator site. Found insideThe book offers practical and down-to-earth advice for leaders in all walks of life. For leaders who genuinely care for the people they lead and hope to make a difference in their lives, this book will be a crucial guide. See how working at Traveloka vs. Funding Societies compares on a variety of workplace factors. It is typically used in contactless . Arrive Outdoors and its dozen-employees compete somewhat with services that offer outdoor “glamping” and include professional gear set-up. KiotViet will use the fresh funding to expand its point-of-sales business throughout Vietnam with a focus on remote areas, build up its leadership team, as . Found inside – Page 70In the same year, Plasa.com (now Blanja.com) also received funds from PT ... Go-Jek, to has obtain four Traveloka,P The ub an unicorns—companies lis hin ... A Traveloka representative declined to comment. "We're very impressed with PouchNATION achievement in disrupting the entertainment industry. Traveloka also offers financing, payment, and insurance products to help Southeast Asian consumers fulfill their lifestyle aspirations. If you'd like to suggest changes to this profile, please email us at support@crunchbase.com, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. Found inside – Page 19today, it is typically perceived as investors who offer their funds to the ... Traveloka in Indonesia provides online ticketing services for airlines and ... The amount raised in this third round of funding has not been. The . Traveloka, which has had its business hammered by the coronavirus fallout, is one of the first unicorns in Southeast Asia to experience a down-round -- raising funds at a lower valuation than the previous funding round. Found inside – Page iiThis open access book explores the concept of Industry 4.0, which presents a considerable challenge for the production and service sectors. We define a startup as a company formed to test and build a repeatable and scalable business model. Seed capital is money used to start a business, often led by angel investors and friends or family. Southeast Asia’s No. "We're very impressed with PouchNATION achievement in disrupting the entertainment industry. Singapore-based startup Travelstop, which specialises in business travel and expense management in Asia, has raised US$3 million in Pre-Series A funding led by Silicon Valley-based venture capital firm Accel, with participation from Strive . Travelling since April 2013 and currently exploring South America. their next major travel goal- Antartica via Argentina. The Two Monkeys Travel Group is a travel website and blog started by Kach Mu (Philippines) and Jonathan Howe (UK). So did Korea Development Bank, Axiom Asia Private Capital, Partech Partners, and Tekton Ventures. The round aims to help a startup’s founders make sure that their product is something that customers truly want to buy. Startup Ranking updated the Contact E-mail, 3 years . Here are this week's funding stories. >>Traveloka, an online travel agency based in Jakarta, Indonesia, said it had raised $250 million in fresh funding. Traveloka is an Indonesian flight search engine covering mostly domestic routes and airlines. PouchNATION today (6/26) announced the series B funding led by Traveloka with undisclosed value. Startup provider of customer loyalty and marketing programs, Member.id, announced that it has won Series A funding of USD 1.1 million Funds from investments are used to build new services such as hotel bookings and travel packages. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. Founded in 2012, Traveloka has raised at least $1.2 billion in known funding, per Crunchbase data. Series B financing is mainly about venture capitalist firms helping a company grow faster. In September 2013, the company announced a series investment by Global Founders Capital. It has expanded across Southeast Asia, making it easier for consumers to book flights and hotels across countries. Indonesia-based unicorn Traveloka is reportedly looking to raise USD 500 million funding to fuel its expansion in the region. For two decades bestselling author Ruchir Sharma has chased election campaigns across every major state in India, travelling the equivalent of a lap around the Earth. The latest funding round will close in two months and could raise the . Traveloka . The Jakarta-based firm is in advanced negotiations with new strategic investors such as Siam Commercial Bank Pcl and Richard Li’s FWD Group Ltd., as well as existing backers GIC Pte. It reflects the sharp drop in business after lockdown orders halted flights and travel. The Polish company helps to manage travel for a corporation’s contractors. Since the outbreak, the company has cut . Ride-hailing company Go-Jek, e-commerce firm Tokopedia and travel booking startup Traveloka — each of which is valued in the billions of U.S. dollars — have come together to provide a Series A . Rumours of the funding round had been circulating since four months ago but the startup had just released its official statement on Friday, August 10. Other investors include Science Inc., Corigin Ventures, Narrative Fund, and AVG Basecamp Fund. Xendit Raises US$64.6 Million Series B Led by Accel to Scale Its Digital Payments Infrastructure Ushering in a New Era of Economic Security and Reliability in Southeast Asia March 02, 2021 10:08 . In 2019, the company secured its Series B round led by Traveloka and joined by SPH Ventures. In its efforts to modernise the industry, the firm has raised US$3 million (RM12.32 million) in Pre-Series A funding led by Silicon Valley-based venture capital firm Accel, with participation from Strive . Found inside – Page 102Large funding rounds completed by Indonesian Unicorns like Bukalapak, Tokopedia, Gojek, and Traveloka are leading the way. Bukalapak and Tokopedia are the ... In mid 2019, Traveloka participated in the series B funding round of Singapore-based PouchNation, a startup that offers tech-based solutions for events. The latest funding round will close in two months and could raise the company valuation as much as USD 4.5 billion. . Traveloka Looking to Grow Into Lifestyle, Financial Services: CEO (Video). The startup previously raised seed funding rounds from East Ventures and Rocket Internet's Global Founders Capital, So, expected annual revenue for Traveloka in 2020 could have ranged from $166m-$250m, but still maintained profitability. Portfolio. These fundraising rounds can assist in recruiting skilled workers and developing cost-effective marketing. Home » Ex-Traveloka, Grab execs' one-year-old online fresh grocery startup Segari raises seed funding led by Beenext. Traveloka also offers financing, payment, and insurance products to help Southeast Asian consumers fulfill their lifestyle aspirations. Found inside – Page 150... the roadmap states eight key strategic priorities: i funding schemes to ... such as Go-Jek and Traveloka, the latest government policies seek to ... Despite the slump, some Traveloka investors are betting on the travel industry’s eventual recovery, led by a rebound in tourism within countries, and a series of cost-cutting measures at the company, one of the people said. Signia Venture Partners, South Park Commons, and several angel investors participated. Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Total number of investment firms and individual investors, This profile is locked. Found insideUnited States 37 7e Traveloka ge.920 Tiket Petawat Murah-Traveloka.com is an ... funding source for students United States 4. on the Stanford campus. Read more: Southeast Asia’s No. Each week we round up travel startups that have recently received or announced funding. Found inside – Page 66... Tokopedia, and Traveloka, several Singaporean startups, Vietnam's VNG, ... Outlook Growth Projections,” International Monetary Fund, October 2020, ... (source, source). Indonesia-based online travel portal, Traveloka, has bagged US$ 250M in July 2020 in a funding round led by an unnamed global finance company and some others. In Vietnam -- a model case in containing the pandemic with fewer than 400 cases and no deaths -- domestic travel has restarted. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. This book is also for people outside of Asia who have an interest in the region. Entrepreneurs or businesspeople can refer to this book as they consider expansion into the area. Series C financing is ordinarily about helping a company expand, such as through acquisitions. Traveloka, which has had its business hammered by the coronavirus fallout, is one of the first unicorns in Southeast Asia to experience a down-round -- raising funds at a lower valuation than the previous funding round.