Monday, September 2nd, 2013

Traveloka.com, First Investee in Asia Receiving Investment from Samwer Brothers’ Global Founders Capital

Traveloka.com, a Jakarta-based flight booking website, has announced that it has become the first investee in Asia receiving Series A investment from Global Founders Capital. This marks 2013 as an exciting and eventful year for the fast-growing startup that pioneers transformation of Indonesia’s online travel industry.

Ever since its official launch in September 2012, the website has experienced a convincing growth in revenue and number of users. Only a month after the launch, Traveloka.com has served over 400.000 flight searches for users from more than 200 different cities. Today the website serves the same amount every couple days and boasts one of the largest flight booking volume in the whole country.

Global Founders Capital is started by the Rocket Internet’s Samwer brothers, builders of some of the most successful internet companies in Europe such as Alando (acquired by eBay) and investors of Silicon Valley giants Facebook and LinkedIn. It operates separately from Rocket Internet, a venture fund of Europe’s prominent online retail business Zalando as well as some of the most renowned e-commerce companies in Asia: Foodpanda, Lazada and Zalora.

Traveloka.com has achieved firm growth and showed solid technical and industry know-how to attract supports from Global Founders Capital. With the funding and global expertise backing, the Indonesian e-commerce company is fueled to boost its first-rate services. The funding is to be used to reach a larger market scope, accommodate more talents and comprise new collection of services such as hotels and tours.

Currently, Traveloka.com ranks as Indonesia’s No. 1 Flight Search and Booking Service (outside official airline websites) according to the leading Internet analytics company comScore. The accomplishment actually serves the company’s enduring vision to make travel simpler and more compelling for Indonesians.

The entire package is tailored to meet the needs of price-sensitive Indonesian market while at the same time help them plan their travel in a much better way. “We don’t only provide best flight deals”, said Ferry Unardi, Managing Director of Traveloka.com. He continued, “The combination of our simple, instructive and compelling transactional interface is none to be found elsewhere. In the booking process, users learn to plan their travel smarter and hence more effective.”

Progressing from meta-search, Traveloka.com continually upgrades its comprehensive services to better meet the demands and expectations of travelers and the local travel industry.

 

About Global Founders Capital

Global Founders Capital is a Venture Capital run by Samwer brothers Oliver and Marc (co-founders of Rocket Internet), along with Fabian Siegel a former Delivery Hero Co-CEO. The Munich-headquartered VC firm was founded in March 2013. It is stage-agnostic, investing from seed to late-stage for high-potential Internet companies. The company’s mission is to support great businesses with gifted enterpreneurs worldwide. The firm founders’ past investments cover companies like Facebook, LinkedIn, Click and Buy and Trivago.

Media Contact

Global Founders Capital

Luisenstr. 14 80333 Munich. Germany

Homepage URL: http://globalfounders.vc

 

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