Traveloka.com Receives Investment from East Ventures, Gains Significant Traction in Its First Month

Jakarta, Indonesia, December 18, 2012 --(PR.com)-- Indonesian travel search engine startup Traveloka.com (http://Traveloka.com) announced that it has received an investment from early stage investment firm East Ventures.

Traveloka.com helps travelers discover the best flight deals using its comparison engine, which it develops from scratch with Indonesian users' needs in mind.

Amidst the intense competition in the online travel sector in Indonesia, Traveloka.com quickly emerges as one of the country's favorite tools to search for flights online. Within 1 month of being publicly available in October 2012, Traveloka.com has served over 400,000 flight searches for users from more than 200 different cities.

"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, a co- founder at Traveloka.com. He continues, "With a strong engineering and product team, we are confident that we can keep on building more services to guide our users through an increasing number of travel-related products available to them."

The company was founded in mid 2012 by a group of Indonesian engineers returnee with work experience in Silicon Valley technology companies.