Grab - About the company
Grab is an acquired company based in Mumbai (India), founded in 2012 by Jignesh Patel, Nishant Vora and Pratish Sanghvi. It operates as an Online hyperlocal delivery service for restaurants. Grab has raised $8.55M in funding from investors like Zomato, Aramex and SIDBI Venture Capital, with last known valuation of $*****. The company has 3 active competitors, including 1 funded and 1 that has exited. Its top competitors are Idodeli, Launga and CarryOver.
Company Details
Grab.in (formerly GrabaGrub) enables online food delivery for local restaurants. Works with over 440 merchants in 7 cities as of Aug 2015. Restaurants using Grab’s services will be able to track and share precise delivery time with the customer. For the financial year 2014-15, it delivered orders worth Rs 35 crore in Mumbai. Has more than 500 delivery boys on field and promises a delivery in 35 min. Delivering over 2500 orders per day in Mumbai and Pune. Raised $1 million from Oliphans Capital and independent investor Haresh Chawla. Reported to be raising $10M in August 2015. Raised $3M in series A funding from Aramex and existing investors in July 2016.
- Website
- www.grab.in/
- Email ID
- *****@grab.in
- Registered Address
- Unit No.401, Boston House, Suren Road, Andheri (East) Mumbai -400093, Maharashtra, Chakala Midc, Mumbai, Mumbai, Maharashtra, India, 400093
Key Metrics
Founded Year
2012
Location
Mumbai, India
Stage
Acquired
Total Funding
$8.55M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 02, 2019
Ranked
1st among 3 active competitors
Annual Revenue
₹399Cr as on Mar 31, 2025
Employee Count
792 as on Oct 31, 2024
Exit Details
Acquired by Reliance Industries (Mar 02, 2019)
Legal entities associated with Grab
Grab is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Grab A Grub Services Limited CIN: U74999MH2014PLC258962 , India, Active | Oct 29, 2014 | $47.2M (As on Mar 31, 2025) | 383 (As on Dec 31, 2024) |
Grab's acquisition details
Grab got acquired by Reliance Industries on Mar 02, 2019 at an acquisition amount of $14.9M.
Click here to take a look at Grab's acquisition in detail
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Grab's funding and investors
Grab has raised a total funding of $8.55M over 4 rounds. Its first funding round was on Feb 28, 2015. Its latest funding round was a Series A round on Jan 20, 2018 for $*****. 1 investor participated in its latest round. Grab has 8 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of Grab:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 20, 2018 | 5457428 | Series A | 4600708 | 3920222 | 2273500 | 7313897 |
May 23, 2016 | 1355438 | Series A | 6847675 | 2242561 | 5210956 | |
Nov 12, 2015 | 9214822 | Seed | 6674484 | 3209497 |
View details of Grab's funding rounds and investors
Grab's founders and board of directors
Founder? Claim ProfileHere are the details of Grab's key team members:
- Jignesh Patel: Co-Founder of Grab and founder of 1 other company. They serve on the boards of 3 companies.Contact Info: 1 email address
- Nishant Vora: Co-Founder & Director of Grab and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Pratish Sanghvi: Co-Founder & Director of Grab. They serve on the board of 1 company.
Grab's Board of Directors
Grab's board has 7 active members. Jignesh Patel, Nishant Vora and Pratish Sanghvi are part of team and Harish Madnani, Dhirendra Harilal Shah, Radhika Rohidas Disale and Chandrakant Shripad Gokhale are independent board members.Here is the list of Grab's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
psfextj | Team | - | Past | 6y 7m |
fgufexa | Team | - | Past | 7y 1m |
rbdyehf | Team | - | Past | 1y 6m |
qxunalf | Investor | qghlnrq | Past | 9y 7m |
piwqvbe | Investor | wiytcei | Past | 8y 5m |
Independent board member | - | Current | 4y 8m | |
klohyzw | Independent board member | - | Current | 1y 3m |
wgzpjls | Independent board member | - | Current | 7y 9m |
{jguyv{ | Independent board member | - | Current | 4y 7m |
View details of Grab's Founder profiles and Board Members
Grab's employee count trend
Grab has 792 employees as of Oct 24. The total employee count is 18.0% lower than what it was in Oct 23. Here is Grab's employee count trend over the years:
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Grab's Competitors and alternates
Top competitors of Grab include Idodeli, Launga and CarryOver. Here is the list of Top 10 competitors of Grab, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online hyperlocal delivery service for restaurants | $8.55M | 51/100 | ||
2nd | Platform offering on-demand delivery driver for food businesses | $383K | 25/100 | ||
3rd | Online food delivery services for restaurants | - | - | 16/100 | |
4th | B2B last mile logistics for restaurants | - | - | 15/100 |
Looking for more details on Grab's competitors? Click here to see the top ones
Grab's Investments and acquisitions
Grab has made no investments or acquisitions yet.
Reports related to Grab
Here is the latest report on Grab's sector:
News related to Grab
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Grab, GoTo accelerate merger talks and aim for deal in 2025Yahoo•Feb 04, 2025•Grab, GoTo Group, GoTo.com, Grab
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Reliance Acquires Majority Stake In Deeptech Startup TesseractInc42•Aug 13, 2019•Reliance Industries, Tesseract, Grab, C-Square and 2 others
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RIL investment unit buys stakes in Grab, C-SquareIndiatimes•Mar 04, 2019•Grab, Reliance Industries, C-Square, Grab and 4 others
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Reliance to acquire majority stakes in Grab, C-Squareitln.in•Feb 04, 2019•Reliance Industries, Grab, Grab, C-Square
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Logistics startup Grab raises Rs.9 crore from SIDBI venture capitalBusinessEx•Feb 22, 2018•Grab, SIDBI Venture Capital, Oliphans Capital, Zomato and 2 others
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Funding Watch: Stitchwood, Grab.in, Fulfil.IO, Weddingwishlist.com, SeeDoc & moreMediaNama•Jul 13, 2016•StitchWood, Grab, Fulfil.IO, Wedding Wishlist and 1 other
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