Indonesian rental and asset management platform Travelio bags US$18m funding

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The four-year-old proptech startup recently raised Series B funding as it gains ground in Indonesia’s growing real estate investment market

Indonesian rentals booking and management platform Travelio announced on November 14 it had raised US$18m in Series B financing, in a round led by Pavilion Capital and Gobi Partners, with participation from existing unnamed investors.  With its end-to-end property management services, Travelio provides a leasing service to apartment owners looking to earn additional income. The company manages everything from taking photographs and advertising, to installing electronic keys, maintenance, and receiving rental payments. It monetizes by taking a cut from the rental revenue.Travelio manages m...
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Edited by Sophie Douez

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