GrabTaxi

  • GrabTaxi Raises $65 Million To Increase The Competition With Uber In Southeast Asia

    GrabTaxi Raises $65 Million To Increase The Competition With Uber In Southeast Asia

    You’d be forgiven for thinking that the taxi app war is exclusively a U.S. phenomenon, such is the fierce battle¬†between Uber and Lyft, but similar rivalries are actually ongoing across other parts of the world. The battle is heating up in Southeast Asia today, after GrabTaxi — a Malaysia-headquarted company that is active in six countries — announced a $65 million… Read More

  • GrabTaxi Raises $15M Series B Led By GGV Capital

    GrabTaxi Raises $15M Series B Led By GGV Capital

    GrabTaxi, the taxi-calling app that claims to be the largest in Southeast Asia, said today that it has raised a $15 million Series B led by GGV Capital with participation from Qunar and returning investor Vertex Venture Holdings. The latter led GrabTaxi’s Series A round, which was announced last month; though the amount was undisclosed, CEO Anthony Tan said it was more than $10 million. Read More

  • GrabTaxi Raises Series A, Prepares To Expand In Southeast Asia

    GrabTaxi Raises Series A, Prepares To Expand In Southeast Asia

    GrabTaxi, which claims to be the largest taxi app in Southeast Asia, has raised its Series A round from Vertex Ventures, a wholly-owned subsidiary of Temasek, an investment company owned by Singapore’s government. The startup’s CEO and founder Anthony Tan declined to disclose the exact amount of the funding, but said it was more than $10 million. Read More