SSIA-backed residential property marketplace secured Pavilion Capital and Gobi Partners as investors to support its bid to reach 20,000 Jakarta-focused property listings by the end of next year.
Travelio, an Indonesia-based residential property marketplace developer backed by property development and construction firm SSIA, has closed its series B round at $18m, TechCrunch reported on Wednesday.
The round was co-led by private equity fund Pavilion Capital and venture capital firm Gobi Partners and was backed by unspecified existing investors.
Founded in 2015, Travelio runs a marketplace where Indonesian users can seek residential apartments in Jakarta under short-term leases ranging from one day to several months offered by its partner…
