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GrabTaxi bags its biggest funding tranche of US$350m
Investors include the US's Coatue, sovereign wealth fund China Investment Corp and China's Didi Kuaidi
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Nisha Ramchandani
Published Wed, Aug 19, 2015 · 09:50 PM
Singapore
SINGAPORE-BASED GrabTaxi Holdings has raised its biggest tranche of funds thus far of over US$350 million, boosting its total funding so far to about US$700 million.
The taxi booking app said that investors included US investment firm Coatue Management, China's sovereign wealth fund China Investment Corporation and China-based taxi-hailing firm Didi Kuaidi, along with existing shareholders.
