Traveloka co-founder, CTO resigns

• Helped to build the startup into one of the leading lights in SEA
• Will focus on developing a new venture in a non-competing category

INDONESIAN online travel and lifestyle platform Traveloka announced the resignation of its co-founder Derianto Kusuma from his position as chief technology officer, effective Nov 30, 2018.

Traveloka chief executive officer and founder Feri Unardi said, “Deri has played an unparalleled role in Traveloka’s development and success by building, scaling, and making not only sustainable technology capability and systems, but also a sustainable organisation.

“Deri has been exploring this for some months with me and our investors. A hand-over process is already in place, and we will continue what we have been building for the organisation — setting the bar high. We will continue to grow and focus on achieving our long-term goal, to be a world-class technology company that offers services to millions.”

Together with the other co-founders, Deri has built Traveloka since 2012 and taken the company to its outstanding growth, becoming one of the leading technology companies in Southeast Asia (SEA).

Derianto says, “It has been an amazing journey from the birth of Traveloka implementing world-class mindset and capability in SEA, where we bring to customers and partners a higher bar of quality and accountability across all our endeavours, overcoming different types of challenges across different stages of the company. I am glad to have worked with all of you in bringing Traveloka to this point.

“Since Traveloka is undergoing a gear change, and my technology transformation job is done with a solid team that can carry our solid foundations forward, and a future runway is secured through the latest financing round, it is the right time for me to move on to my next chapter.”

Derianto will focus on developing a new venture in a non-competing category.