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Traveloka in talks to raise over $200 million from multiple investors

Indonesia-based online travel unicorn Traveloka plans to raise more than $200 million in its next round of funding. The company is in talks with firms like BlackRock to take things ahead. The Indonesia Investment Authority has shown interest to join the round, but nothing has been finalised yet. After the travel industry was badly affected due to COVID, the company is hoping for positive momentum as the market opens up.

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This article has been summarised for quick read. You can find the original article on Deal Street Asia.