By Ka Kay Lum
The PE firm’s second private credit fund was closed at $145 million in September 2018.
AirAsia said it decision was based on an unexplained disappearance of its listings from Traveloka for the second time in the past two weeks.
StanChart recently said its Permata investment is no longer considered core.
The tech fund was launched last November and had made its first close a month after the launch.
The fresh capital will be used to expand its operations by opening up more flagship hotels in new cities.
The startup has previously raised capital from Golden Gate Ventures, Convergence Ventures, Skystar Capital and Rocket Internet.
The funding will be used to invest in core technology infrastructure, marketing, and team growth.
Grab will also establish a Grab Innovation and Engineering Lab as the R&D centre in BSD City, which is being developed as Indonesia’s Silicon Valley.
Astra had invested $150 million in GOJEK’s Series E round last year.
The Series B funding round closed more than two years after the startup raised $13 million in Series A.