Jet Tech

Jet Tech is the wholly-owned investment subsidiary of the Traveloka group. Ferry Unardi, the co-founder of Traveloka, serves as a director of Jet Tech, and Kevin Chandra is an executive principal. Jet Tech deploys Traveloka's corporate balance sheet into venture investments, functioning as the group's dedicated strategic investment arm from its Singapore office.

Jet Tech sources primarily through the Traveloka ecosystem and the networks of its principals. As a corporate venture arm attached to one of Southeast Asia's largest consumer internet platforms, it benefits from inbound deal flow driven by Traveloka's brand and operating footprint. The firm also co-invests with institutional venture funds, which broadens its origination channels beyond purely proprietary flow.

No. Jet Tech is a captive corporate venture vehicle that deploys only Traveloka's balance sheet. The firm does not raise external funds, manage separate limited partner capital, or operate as a multi-family office. Its capital base is entirely proprietary.

Investment decisions are made under the direction of Ferry Unardi and Kevin Chandra. Unardi's dual position as Traveloka founder and Jet Tech director means the investment committee is tightly linked to the parent company's leadership, with no publicly disclosed independent investment committee or external advisory board.

Jet Tech held equity positions linked to FTX entities through Island Bay Ventures, as surfaced in FTX bankruptcy proceedings (per court filings, 2022). The connection represents one of the few publicly visible co-investor relationships in Jet Tech's portfolio and indicates the firm was active in venture rounds alongside high-profile crypto and technology investors during that period.

Jet Tech focuses on Southeast Asia, with observed commercial and investment links to Indonesia, Thailand, Vietnam, and Singapore. The firm's parent, Traveloka, operates core businesses in these markets, and Jet Tech's venture activity is geographically aligned with that footprint.

As a corporate venture subsidiary with a single LP, Jet Tech has the structural flexibility to support follow-on rounds in its portfolio companies. There is no publicly documented policy on follow-on reserves, but the captive nature of its capital base means allocation decisions for follow-on investments are made internally without needing to consult external limited partners.