Grab Ventures said to earmark $100m for deals in Vietnam

Grab Ventures said to earmark $100m for deals in Vietnam

Southeast Asian ride-hailing giant Grab, which will raise another $2 billion this year, is set to launch Grab Ventures in Vietnam this month with an allocation of $100 million.

The firm will invest in the burgeoning startup ecosystem in Vietnam to help nurture the next line of unicorns in the country.

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