Loading organizations...
§ Public · Singapore, Central Region, Singapore
Grab is a technology company.
Grab develops and operates a comprehensive super app platform providing a wide array of everyday services across Southeast Asia. Its integrated mobile application offers solutions for mobility, food delivery, grocery delivery, and financial services, consolidating essential daily needs within a single digital ecosystem. The platform leverages technology to connect consumers with a broad network of service providers, enhancing convenience and accessibility.
The company was co-founded by Anthony Tan and Tan Hooi Ling in 2012, both of whom met while pursuing their Master of Business Administration at Harvard Business School. Their initial insight stemmed from observing inefficiencies in local transportation markets, leading them to establish a mobile-based ride-hailing service that subsequently expanded into a multifaceted digital platform addressing broader consumer demands.
Grab serves a large base of consumers and micro-entrepreneurs throughout the region, facilitating transactions and offering income opportunities. The company's overarching vision is to drive Southeast Asia forward through economic empowerment, continuously evolving its platform to meet the dynamic needs of its diverse communities and contribute to the digital economy's growth.
Grab has raised $13.4B across 20 funding rounds.
Key people at Grab.
Grab was founded in 2012 by Tan Hooi Ling (Co-Founder) and Anthony Tan (Group CEO and Co-Founder).
Grab has raised $13.4B in total across 20 funding rounds.
Key people at Grab.
Grab has raised $13.4B across 20 funding rounds. Most recently, it raised $300.0M Grab Financial Group - Series A in January 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2025 | Vulcan Elements | $65.0M Series A | Altimeter Capital | Abstract Ventures, Forerunner Ventures, Index Ventures, Union Square Ventures, Weekend Fund, Amjad Masad, Gokul Rajaram, Scott Belsky, NVIDIA, ONE Investment, Uber |
| May 4, 2020 | Ninja Van | $279.0M Series D | — | Eduardo Saverin, Carmenta, Geopost, Golden Gate Ventures, Intouch Holding |
| Jun 26, 2019 | Splyt | $8.0M Series A | — | — |
| Apr 21, 2019 | HappyFresh | $20.0M Series C | Mirae Asset Naver | 500 Startups, Beenext, LINE Ventures, Samena Capital, Singha Ventures, Smdv, Vertex Ventures |
| Sep 27, 2017 | oBike | $45.0M Series B | Grab | — |
Grab Holdings Inc. (NASDAQ: GRAB) is Southeast Asia's leading superapp, providing an integrated platform for ride-hailing, food and grocery delivery, digital payments, financial services, and more, serving millions across eight countries including Singapore, Malaysia, Indonesia, Vietnam, Thailand, the Philippines, Cambodia, and Myanmar.[1][2][4][5] Originally a taxi-hailing app, it has evolved into a decacorn that drives economic empowerment by creating earning opportunities for hundreds of thousands as "everyday entrepreneurs" while dominating mobility (e.g., 50% share in Indonesia, 60% in Vietnam) and delivery markets.[1][2][3][4] Its growth momentum is fueled by a flywheel effect—frequent user engagement in one service cross-sells others—bolstered by innovations like AI route optimization, electric vehicle pilots, and fintech expansions such as GrabPay wallets and microloans.[2][5]
Grab was founded in 2012 in Malaysia as MyTeksi by Anthony Tan, son of a car dealership tycoon, and Tan Hooi Ling, a Cambridge-educated engineer, to address unsafe taxi rides by enabling ride bookings with safety features like sharing trip details.[1][4] The idea emerged from personal frustrations with unreliable taxis in Kuala Lumpur, quickly gaining traction and rebranding to Grab in 2016 amid regional expansion into ride-hailing partnerships and courier services.[1][4] Pivotal moments include the 2018 merger with Uber's Southeast Asian operations, acquiring its assets (including Uber Eats) in exchange for a stake (now 13.71% held by Uber), which solidified market dominance and accelerated food delivery growth, followed by a 2021 NASDAQ listing via the largest SPAC merger at the time.[1][4]
Grab rides the wave of Southeast Asia's digital economy boom, fueled by a young, urbanizing population, rising smartphone penetration, and e-commerce growth in an emerging market of over 650 million people.[2][7] Its timing capitalized on post-pandemic shifts to on-demand services and fintech inclusion for unbanked users, outmaneuvering rivals like Uber through the 2018 acquisition amid intense competition.[1][4] Market forces favoring Grab include favorable demographics, logistics tailwinds from e-commerce, and government support (e.g., Singapore's AI and digital initiatives), positioning it as a ecosystem shaper that boosts GDP, household income (S$2.5B in Singapore via supply chains), and poverty alleviation via platform entrepreneurship.[3][5] It influences the landscape by setting superapp standards, drawing talent, and enabling "smart nation" tech like AI for accessibility and productivity.[3][5]
Grab's trajectory points to fintech dominance and AI-powered expansion, leveraging its mobility-delivery gateway to scale lending, insurance, and new verticals like mapping and EV fleets amid regional digital tailwinds.[2][5] Trends like AI integration, sustainable mobility, and economic digitization will propel growth, though competition and market skepticism post-SPAC persist—yet its platform moat and leadership (under CEO Anthony Tan) suggest evolving influence as Southeast Asia's indispensable superapp giant.[2][3][4] From humble taxi-safety origins, Grab exemplifies how hyperlocal innovation reshapes everyday life across a dynamic region.[1]
Grab was founded in 2012 by Tan Hooi Ling (Co-Founder) and Anthony Tan (Group CEO and Co-Founder).
Grab has raised $13.4B in total across 20 funding rounds.
Grab's investors include Yong Hyun Kim, Arbor Ventures, Flourish Ventures, GGV Capital, K3 Ventures, Hironori Kamezawa, Invesco, David Thevenon, Yamaha Motor, Central Group, Booking Holdings, All-Stars Investment.