Thailand-based real estate to retailing company Central Group intends to commit $200 million in Singaporean ride-hailing and food delivery service company GrabTaxi Holdings.
The transaction seals a strategic collaboration under which Central Group will help GrabTaxi Holdings extend its business in Thailand.
Central Group will infuse in GrabTaxi Holdings’ Thai unit.
GrabTaxi Holdings has secured a total of $7.1 billion in over 21 funding rounds.