Indonesian proptech startup Travelio closes $18m Series B round

A property listed on Travelio's website. Photo: Travelio

Indonesia-based property technology startup Travelio has closed a Series B funding round of $18 million co-led by Pavilion Capital and Gobi Partners, the company announced on Thursday.

The round was joined by existing backers including IndoGen Capital, Vynn Capital and Insignia Ventures, which participated in the company’s $4 million Series A funding round in May last year.

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