BlackRock, Allianz Join $300 Million Traveloka Funding Round

The Indonesian travel startup secures fresh financing
Traveloka is securing a financing facility as travel rebounds

WATCH: Caesar Indra, President at Traveloka, discusses his outlook for travel demand in Southeast Asia.Source: Bloomberg

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By Fathiya Dahrul, Elffie Chew, and Olivia Poh

September 29, 2022 at 5:24 AM UTC

Updated on

September 30, 2022 at 3:16 AM UTC

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Traveloka has secured $300 million in new financing from investors including BlackRock Inc., as Southeast Asia’s biggest online travel startup counts on a post-Covid rebound to expand in the region.

The Jakarta-based company said in a statement Thursday it struck a deal for financing with investors including Allianz Global Investors and the Indonesia Investment Authority.