Grab

Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

Mike Chang

Fleet Acquisition Director

Neneng Goenadi

Country Managing Director

29 past transactions

Everrise

Acquisition in 2025
Everrise is one of the largest and fastest growing supermarket chains in Sarawak and with a staff force of over 1000, Everrise has a total of 20 stores of varying concepts covering different market segments. Everrise has established itself as a leading local supermarket chain offering value for money products. This is achieved by constantly understanding the local market’s changing needs and adapting to changes by optimising its product offerings. Everrise has store presence in both urban and suburban areas.

GXS Bank

Corporate Round in 2024
GXS Bank is a digital banking institution based in Singapore that focuses on providing innovative financial solutions for everyday consumers and small businesses. Its primary aim is to enhance the banking experience by offering a range of digital banking services designed to meet the financial needs of its clients. By leveraging technology, GXS Bank seeks to empower users to manage their finances more effectively and efficiently.

Good Doctor Technology Indonesia

Series A in 2023
Good Doctor Technology Indonesia is building a digital health ecosystem. The aim is to connect healthcare professionals with patients in delivering high-quality health services, thus improving the accessibility of healthcare without being constrained by time and geographic boundaries.

Trans Cab Services

Acquisition in 2023
Trans-Cab Services provides an efficient and effective solution to commuters' transportation needs through our fleet of taxis.

ThoughtFull

Seed Round in 2023
ThoughtFull is a digital mental health technology company dedicated to making mental healthcare seamless, accessible, and affordable in Asia. The company partners with corporates, insurers, and healthcare providers to deliver comprehensive mental health solutions through its mobile application. This platform connects users with an extensive network of mental healthcare professionals and incorporates evidence-based frameworks and the latest clinical tools. ThoughtFull's offerings include one-on-one coaching, text and audio messaging, and an emotional health progress chart, enabling users to engage proactively with their mental health. By leveraging artificial intelligence and self-service tools, ThoughtFull aims to enhance the user experience and facilitate effective mental healthcare engagement.

Superbank

Private Equity Round in 2023
Superbank is a commercial bank that is transforming into a bank with digital services. The company aims to provide simple, transparent, and flexible digital financial solutions to its customers. Superbank is licensed and supervised by the Financial Service Authority (OJK), Bank Indonesia, and is also a member of the LPS deposit insurance program.

Move it

Acquisition in 2022
Move it provides motorcycle taxi services.

AMILI

Series A in 2022
AMILI is a biotechnology company focused on advancing gut microbiome research to address significant healthcare needs. The company develops diagnostic tests, predictive algorithms, and microbiome-modifying interventions, including probiotics and fecal microbiota transplants, to assist in the treatment of bacterial infections. By collecting gut microbiome samples, AMILI aims to enhance its understanding of microbiota and advance treatment options for patients coping with infections and other health conditions. Their innovative approach to microbiome science seeks to improve human health by identifying and utilizing beneficial microbes.

Vidio

Venture Round in 2022
Vidio is a video-sharing platform that enables users to upload, watch, and share a diverse array of videos at their convenience. It provides a comprehensive library of both live and on-demand content, featuring Indonesian and international films, dramas, e-sports, anime, and educational materials. In addition to its extensive catalog, Vidio produces original Indonesian series and broadcasts a variety of live sports events, catering to a wide audience interested in both local and international programming. The platform is designed for over-the-top (OTT) streaming, allowing users to enjoy television shows and live broadcasts from anywhere at any time.

Jaya Grocer

Acquisition in 2021
Jaya Grocer is a supermarket chain based in Kuala Lumpur, Malaysia, specializing in a diverse selection of fresh products and household goods. The company offers a wide range of imported items, fresh produce, and groceries, catering to health-conscious customers with seasonal food products and organic, gluten-free options. Jaya Grocer aims to provide quality food products and essentials, ensuring that customers can meet all their household needs in one convenient location.

Bareksa

Series C in 2021
Founded in 2013, Bareksa is an Indonesian investment platform facilitating online transactions for mutual funds, state bonds, and Umrah plans. It offers data services, news, analysis, and investment tools to support users' decisions.

OVO

Acquisition in 2021
OVO is a prominent company in the digital payment sector, focused on enhancing the convenience and enjoyment of financial transactions. The company has developed a comprehensive financial services platform that provides users with secure payment options, money transfers, and cash-in/cash-out services. Additionally, OVO offers rewards programs and asset management services, allowing users to manage their investments while earning reward points. Through its application, OVO aims to streamline the transaction process, making it accessible and user-friendly for its customers.

Emtek Group

Post in 2021
Emtek Group, established in 1983 as PT Elang Mahkota Teknologi, has transformed from a provider of personal computer services into a diversified conglomerate with three primary business divisions: Media, Telecommunications and IT Solutions, and Connectivity. The Media Division operates two prominent free-to-air television channels, SCTV and O Channel, with SCTV being one of Indonesia's leading channels, reaching over 160 million viewers across more than 240 cities. The Solutions Division delivers a comprehensive range of infrastructure and technology services, catering to the telecommunications, banking, and retail payment sectors. This includes solutions for integrated VSAT, smart card infrastructure, and the distribution of telecommunications services, positioning Emtek Group as a significant player in Indonesia’s digital and media landscape.

LinkAja

Series B in 2020
LinkAja is a mobile payment platform that simplifies financial transactions for consumers in Indonesia. By offering an integrated e-wallet service, LinkAja facilitates seamless payments for everyday necessities, such as data top-ups, electricity tokens, fuel purchases, and public transportation. The company collaborates with various state-owned enterprises to enhance its ecosystem, aiming to promote financial inclusion and support the national non-cash movement. Through its user-friendly platform, LinkAja strives to meet essential consumer needs while contributing to the broader goal of modernizing financial services in the region.

KliknClean

Seed Round in 2020
KliknClean is a professional cleaning service provider operating in Indonesia. It offers general and specialized cleaning services for both residential and commercial clients, aiming to maintain hygienic environments while ensuring customer satisfaction.

GetCraft

Seed Round in 2020
GetCraft is a Southeast Asia-based platform that operates as a premium creative directory and a marketing technology provider. It connects brands with vetted marketing, content, and media providers for marketing initiatives, supporting more than 1,500 large companies and coordinating engagements with thousands of providers on projects valued at over US$24 million. The company also offers a marketing automation platform that streamlines marketing processes for small and medium-sized businesses, featuring email marketing, lead management, and analytics to drive targeted campaigns and data-driven improvements in conversions.

Workmate

Venture Round in 2020
Workmate is a technology-driven company that offers an on-demand staffing platform designed to connect businesses with qualified frontline workers across various sectors, including logistics, warehousing, food and beverage, and hospitality. By leveraging detailed workforce performance data, Workmate facilitates quick and scalable hiring, helping companies streamline their recruitment processes, minimize no-show rates, and enhance worker performance. The platform enables individuals to find short-term job opportunities instantly, matching their skills and experience with local businesses seeking immediate staffing solutions. This approach not only simplifies the hiring process for employers but also reduces administrative costs associated with managing large-scale workforces.

Luna POS

Seed Round in 2020
Luna POS offers a cloud-based Point of Sale (POS) system for small and medium-sized enterprises in Indonesia. It provides features such as inventory management, cashier services, and accounting solutions to help businesses efficiently manage sales, track stock, calculate transactions, and monitor financial statements.

Ninja Van

Series D in 2020
Ninja Van is a logistics company specializing in last-mile delivery solutions. It leverages strategic partnerships and advanced technology to ensure reliable package tracking for businesses of all sizes across Southeast Asia.

Printerous

Series A in 2020
Founded in 2012, Printerous is an online platform specializing in printing services for both personal and business needs. It offers a wide range of printed products, including business cards, calendars, banners, brochures, posters, clothing items, and promotional goods. Serving corporate clients, the food and beverage industry, and event sectors, Printerous streamlines the printing process by providing cost-efficient, time-saving solutions with accessible management features.

Bento

Acquisition in 2020
Bento is a Singapore-based provider of digital wealth solutions designed for banks, asset managers, insurers, and brokers. Launched in October 2016, the company offers a B2B2C SaaS platform that enables financial institutions to deploy digital wealth management services with minimal capital expenditure and a swift time to market. Recognized as a leader in the WealthTech sector, Bento's modular, white-labeled solution encompasses various functionalities, including client onboarding, portfolio construction, risk management, portfolio review, and client reporting. These tools support financial advisors and facilitate direct client engagement through DIY options. The platform's reporting capabilities allow for systematic portfolio reviews and encourage asset top-ups, positioning Bento as a key player in the growing wealth and asset management market, which has a profit pool exceeding US$300 billion.

StickEarn

Series A in 2019
StickEarn is an innovative out-of-home advertising platform that specializes in connecting drivers with brands to facilitate impactful on-vehicle advertising. The company aims to create memorable advertising campaigns by leveraging intelligent asset networks and advanced technologies. Through its platform, StickEarn provides measurable and effective advertising solutions that enable brands to engage with customers in their daily activities. By focusing on collaboration and customer-centric services, StickEarn enhances the advertising experience for both brands and drivers, fostering a unique environment for out-of-home advertising.

Splyt

Series A in 2019
Splyt Technologies Ltd., established in 2014, operates a global B2B mobility marketplace based in London. The company specializes in providing a single connectivity solution for ground-based transportation, integrating drivers and passengers. Splyt offers tools such as the Splyt widget and API to facilitate this process, enabling seamless mobility inventory access through a single API for demand-side partners without requiring additional supplier registrations or downloads.

Ninja Van

Corporate Round in 2019
Ninja Van is a logistics company specializing in last-mile delivery solutions. It leverages strategic partnerships and advanced technology to ensure reliable package tracking for businesses of all sizes across Southeast Asia.

HappyFresh

Series C in 2019
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its establishment in 2015. The company aims to simplify the grocery shopping experience by providing a platform where customers can order groceries from local stores and have them delivered directly to their doors. With a focus on high-quality service, HappyFresh employs trained personal shoppers who ensure that customers receive fresh and carefully selected products. This approach alleviates the challenges associated with traditional grocery shopping, such as parking, navigating aisles, and carrying heavy bags, allowing customers to save time and enjoy a more convenient shopping experience. HappyFresh has gained recognition as one of Asia's best companies to work for, reflecting its commitment to both customer satisfaction and employee welfare.

OYO

Series E in 2018
OYO Hotels and Homes Pvt Ltd. is a hospitality company based in Ahmedabad, India, that was founded in 2013. The company specializes in owning and operating a network of hotels, homes, and living spaces, which are available for booking through its mobile application. OYO aims to provide affordable and comfortable accommodation options, catering to both budget-conscious travelers and those seeking premium experiences. By offering technology-driven solutions, OYO empowers entrepreneurs and small business owners in the hospitality sector, enhancing their operational efficiency and revenue potential. The company is a subsidiary of Oravel Stays Private Limited and is recognized for its commitment to delivering quality services comparable to those of five-star hotels while remaining accessible to a broader audience.

Moca

Corporate Round in 2018
Moca is a mobile application designed to streamline online monetary transactions for users. It enables secure and convenient payment options through various methods, including direct payments, QR code transactions, and the use of major credit cards such as Visa, MasterCard, and JCB. The platform supports a variety of services, including taxi payments, periodic billing, phone recharges, and online shopping, allowing customers to perform cashless transactions with ease. Moca aims to simplify the payment process and enhance the user experience in managing financial activities through its innovative technology.

iKaaz

Acquisition in 2018
iKaaz Software Private Ltd. is a Bengaluru-based company that offers a mobile payment platform designed to facilitate cashless transactions for enterprises, business correspondents, and merchants. The platform utilizes near field communications (NFC) technology to enable secure payments at merchant outlets, along with mobile applications and SMS capabilities to provide various value-added services. iKaaz features M-Payment, which allows merchants to process payments electronically, and Tap and Pay technology that turns mobile phones into cashless payment terminals using NFC tags. The company also offers a consumer wallet to help enterprises deliver services to customers via mobile devices. Since its incorporation in 2012, iKaaz has expanded its reach to serve clients in India and internationally, establishing a strategic alliance with Family Bank and operating as a subsidiary of GrabTaxi Holdings Pte Ltd.

Kudo

Acquisition in 2017
Kudo is an Indonesian technology company founded in 2014, based in Tangerang, that focuses on enhancing the e-commerce and payment markets in Indonesia. It develops a platform that integrates offline and online shopping experiences by installing kiosks in various locations such as malls, universities, and convenience stores. These kiosks enable customers to purchase game vouchers, discount vouchers, and cellphone balances without the need for credit cards. Kudo's team comprises skilled professionals with backgrounds in prominent global technology and management consulting firms, contributing to its innovative approach in the sector. In 2017, Kudo was acquired by GP Network Asia Pte. Ltd., further expanding its capabilities and reach in the market.
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