Indonesian travel search engine Traveloka announced today that it has received an investment from East Ventures, an early stage VC firm based in Singapore and Indonesia. Terms of the deal were not disclosed.
The site helps users discover and compare flight deals after they key in details for departure, destination, and travel dates. The site has gotten off to an encouraging start since launching a month ago. So far, it has served over 400,000 flight searches for users from over 200 countries.
“Indonesian travelers are price-sensitive when it comes to their transportation budget and our service is uniquely suited to serve this market.”, said Ferry Unardi, co-founder of Traveloka.com.
The startup was founded in mid 2012 by a group of Indonesian engineers with work experience in Silicon Valley technology companies.
On a side note, Traveloka has released an infographic about the Indonesian aviation industry:
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