Latest initiative under the ‘Grab 4 Indonesia’ 2020 Master Plan, to support Indonesia’s goal to be SEA’s largest digital economy by 2020.
To allow Grab to build new businesses and help growth-stage startups scale across the region.
No entrepreneur in Southeast Asia has ever raised as much funding for their company as Malaysian Anthony Tan has. His challenge will now be to justify the valuation accorded to him.
Fund is aimed at seed to Series A technology startups.
Grab launches Phase II of ‘Grab 4 Indonesia’ with new goals.
500 Startups to invest US$50 million in Southeast Asia via 500 Durians II.
The Kudo team and platform will be integrated with Grab’s proprietary mobile payments platform, GrabPay.
Kudo is an online to offline technology platform that connects online merchants and e-commerce players with offline customers through its network of agents.