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How Grab can outwit the incumbents

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Grab expects to raise US$6.5 billion of total capital this year, with the funding a mix of debt and equity.

Singapore

VERTEX Ventures' Chua Kee Lock may try to tell startups at a pitch that it is no big deal.

"Why do you want to get money from us? We are the dumbest," the CEO of Temasek-backed Vertex Holdings recounted one response to startups that come a-knocking. "We can't even speak...

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