SoftBank Vision Fund invested $1.46bn in Grab.

Grab Holdings , Southeast Asia’s leading app, has secured $1.46bn of fresh funding from the Softbank Vision Fund. This capital injection from SVF brings the total financing secured in Grab’s current Series H round to over $4.5bn. Other investors in this round include Toyota Motor Corporation, Oppenheimer Funds, Hyundai Motor Group, Booking Holdings, Microsoft Corporation, Ping An Capital, and Yamaha Motor. Anthony Tan, Grab’s Co-Founder and CEO said, “SoftBank and the Vision Fund are long-standing strategic investors and we are grateful for their continued support. The investment is a clear statement of belief in our vision to grow Southeast Asia’s technology ecosystem as the region’s Number 1 super app. Looking ahead, we aim to continue improving the lives of many millions of Southeast Asians by providing enhanced income opportunities through our platform, and giving our users more choice and convenience.”