August 1, 2018 / 10:15 AM / 14 days ago

Grab to raise about $2 bln in fundraising -WSJ

Aug 1 (Reuters) - Ride hailing company Grab Inc is set to raise about $2 billion in its latest round of fundraising, the Wall Street Journal reported here on Wednesday, citing people familiar with the matter.

The round includes previously announced $1 billion investment by Japan’s Toyota Motor Corp, the Journal reported.

Grab declined to comment. (Reporting by Akanksha Rana in Bengaluru; Editing by Anil D’Silva)

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