Wednesday, August 3, 2016

Grab, valued at US$1.6 billion in 2015 August now set to raise US$1 Billion:


Anthony Tan
Valued at $1.6 billion in its previous funding round, Grab is planning to raise about $1 billion in fresh capital from investors including Didi and Japan’s SoftBank Group Corp.

Tan Hooi Ling
Originally established in 2012 as MyTeksi in Malaysia, GrabTaxi is a Southeast Asia focused taxi-booking app founded by Harvard Business School graduates Anthony Tan, from Malaysia elite Tan Chong family and Tan Hooi Ling. The HQ was later relocated to Singapore.

Grab Salary for Engineers is very good

Tech start up are different beast from other industries. Their survival depends a lot of talented, honest and dedicated engineers. Engineers are well paid.

Grab software engineers are drawing S$6000 a month, and with some experience, they bring home S$7500. That is high in Singapore for someone not in management position.

When a successful start up is sold or listed, the engineers can look forward to retirement.



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