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Synopsis
The Qatar Investment Authority, Qatar's state-owned holding company, completed a $250m investment in Traveloka, an Indonesian unicorn company that provides airline ticketing and hotel booking services online. EV Growth participated in the investment. The new capital is expected to further strengthen Traveloka’s balance sheet and boost efforts to deepen Traveloka’s offerings in select priority areas. This will include building a more robust and integrated Travel & Lifestyle portfolio in key markets as well as expanding its Financial Services solutions to better support ecosystem partners.
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