12 Nov '12, 6am

#EastVentures has funded an ex #SiliconValley engineer's #travel startup based in #Indonesia.

Indonesia-based airline deals search engine Traveloka.com has just announced an investment by East Ventures. Traveloka helps travelers discover the best flight deals, pretty much like what Hipmunk does. According to the company, the service has served over 400,000 flight searches from users in more than 200 different cities since its launch a month ago, in October this year. In terms of user experience, users only need to key in their date and destination of travel. Traveloka will then list all the flights available according to prices by default, with options to sort by Airline as well as time of departure. The team has announced having “received an investment from early stage investment firm East Ventures ,” although the amount and terms of the deal are undisclosed. The company was founded in mid-2012 by a group of Indonesian engineers returning to the country with work ...

Full article: http://e27.sg/2012/11/12/east-ventures-funds-indonesian-t...

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