Malaysian startup GrabTaxi, known as MyTeksi in its home base, has launched its premium ride service GrabCar in Singapore, following the rollout of the new service in Kuala Lumpur and Manila earlier this year.
GrabTaxi continued its regional expansion with the launch of its beta trial in Jakarta, making Indonesia its sixth market after Malaysia, the Philippines, Thailand, Singapore and Vietnam.
DNA founder Karamjit Singh ponders the media strategy of Malaysian companies as they reach the global stage, and hopes they realise DNA too is a global media outfit.
GrabTaxi (known as MyTeksi in Malaysia) has announced it has raised more than US$15 million in Series B funding, led by Silicon Valley-based GGV Capital with participation from new investor Qunar and Vertex Venture Holdings.
Premium GrabCar service sits on same platform as MyTeksi app Industry pundits believe local startup has edge over global player Uber
The 17th instalment of Disrupt brings us up close and personal with the leadership and management challenges startups face as they try to run as fast as possible to gain traction, and attract talent and money.
Karamjit Singh still can’t shake off his disappointment that GrabTaxi did not reveal its Series A amount. Is he making a mountain out of a molehill?
GrabTaxi (MyTeksi in Malaysia) lands a substantial Series A round, reported to be in the region of US$10 million, with existing investor Singapore venture capital firm Vertex Venture Holdings as the lead investor. Karamjit Singh has the story.
Malaysia's MyTeksi has launched its taxi-booking app as GrabTaxi in Bangkok and Singapore, following an earlier launch in Manila; the company has also changed its name to GrabTaxi to reflect its regional play.