Southeast Asia's Grab launches new venture to back growth-stage tech startups

Southeast Asia's Grab launches new venture to back growth-stage tech startups

Photo: Grab

In a significant move in the region’s startup ecosystem, ride-hailing major Grab, which recently took over Uber’s Southeast Asia business, has officially launched its innovation arm, Grab Ventures, that will invest in startups in sectors like mobility, fintech, logistics and food-tech.

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