Permodalan Nasional Berhad

Permodalan Nasional Berhad is a sovereign wealth fund established by the Government of Malaysia in 1978, based in Kuala Lumpur. The organization primarily engages in asset management and operates a unit trust business. Additionally, it is involved in property and hospitality ventures, providing investment strategies and advisory services to clients. Through these various sectors, Permodalan Nasional Berhad aims to contribute to the country's economic development and enhance the financial well-being of its stakeholders.

Norazida Azman

Assistant Vice President of Investment Analysis

3 past transactions

Grab

Post in 2021
Grab Holdings Inc. is a Singapore-based company that offers a comprehensive mobile technology platform providing various online-to-offline services in Southeast Asia. Founded in 2012 by Anthony Tan and Tan Hooi Lng, Grab operates in several countries, including Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar. The platform includes a wide range of services such as transportation options like GrabTaxi and GrabCar, and delivery services, alongside solutions for financial transactions through Grab Financial Group. This group provides services in payments, rewards, lending, and insurance, and features a user-friendly point-of-sale system for merchants, as well as a mobile wallet for convenient transactions. Grab aims to enhance the quality of life for its users by integrating essential services into a single app.

Carro

Series C in 2021
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

GoTo Group

Funding Round in 2021
GoTo Group is the technology group formed by merging Gojek and Tokopedia.