Grab snags $275.13m from South Korean private equity firm

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No Stic Investments will invest about $137.57m (US$100m) from one of its funds. Grab is raising $275.13m (US$200m) from South Korean private equity firm Stic Investments, according to people familiar with the matter. Seoul-based Stic Investments is looking to increase its exposure to the region and will invest about $137.57m (US$100m) from one of its funds, whilst raising the remainder from co-investors, according to the people who asked not to be named because the matter is private. read more