Grab eyes more funding, after raising $4.5 billion in SE Asia's largest round
- Grab keen to tie up with more partners that could provide it with a complementary set of tech or services for expansion
- Grab is not focused on an IPO even as Uber and Lyft kicked off the process to list this year, says Ming Maa
Singapore: Grab Inc. is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank Vision Fund. The Singapore-based startup continues to see strong interest from global investors after securing nearly $1.5 billion from SoftBank Vision Fund in a year-long funding round, Ming Maa told Reuters.
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