Indonesia’s travel booking unicorn Traveloka’s latest funding round, in which it raised $250 million, was “the toughest” in the company’s history, said the company’s chief strategy officer at the Asia PE-VC Summit 2020 last week.
The funding, which saw backing from only one new investor — an undisclosed global financial institution that also led the round — was sealed in July, even as the company faced huge headwinds from the coronavirus outbreak.
