The series A financing marks another step in the growth of Grab as its total revenues increased by over 40% in 2020, compared to 2019.
Grab Financial Group announced on Jan 14 that it has raised over US$300 million ($397.4 million) in its Series A funding round, led by Hanwha Asset Management Co, South Korea’s leading asset management company.
Other investors in the round include K3 Ventures, GGV Capital, Arbor Ventures and Flourish Ventures.
