GrabTaxi Raises Series A, Prepares To Expand In Southeast Asia

GrabTaxi, which claims to be the largest taxi app in Southeast Asia, has raised its Series A round from Vertex Ventures, a wholly-owned subsidiary of Temasek, an investment company owned by Singapore's government. The startup's CEO and founder Anthony Tan declined to disclose the exact amount of the funding, but said it was more than $1 million. Read More