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Grab - About the company

Grab is an acquired company based in Mumbai (India), founded in 2012 by Jignesh Jagdish Patel and Nishant Pravin Vora. 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.
Social
XFacebook
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
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
2,290 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Reliance Industries (Mar 02, 2019)

Grab's acquisition details

Grab got acquired by Reliance Industries on Mar 02, 2019 at an acquisition amount of $*****.
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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 20, 2018
1019910
Series A
2599933
8879800
4476513
4561484
May 23, 2016
2886061
Series A
5106160
5640692
2736085
Nov 12, 2015
4087267
Seed
6014557
9421851
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Grab's founders and board of directors

Founder? Claim Profile
The founders of Grab are Jignesh Jagdish Patel and Nishant Pravin Vora.
Here are the details of Grab's key team members:

Grab's Board of Directors

Grab's board has 7 active members. Jignesh Jagdish Patel, Nishant Pravin Vora and Pratish Aswin 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
cpsdljc
Team
-
Past
6y 3m
filguie
Team
-
Past
3y 2m
ivjilaq
Team
-
Past
5y 7m
ntujurz
Investor
ym{eqdc
Past
1y 6m
qhnyiwk
Investor
ecnmazn
Past
7y 3m
Independent board member
-
Current
5y 0m
eprwnhe
Independent board member
-
Current
5y 9m
pgnafmk
Independent board member
-
Current
6y 3m
zvzekdv
Independent board member
-
Current
8y 7m

Grab's employee count trend

Grab has 2,290 employees as of Jul 26. Here is Grab's employee count trend over the years:
Employee count trend for Grab
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Grab
Grab
2012, Mumbai (India), Acquired
Online hyperlocal delivery service for restaurants
$8.55M
56/100
2nd
Logo for Idodeli
Idodeli
2018, Chennai (India), Seed
Platform offering on-demand delivery driver for food businesses
$383K
25/100
3rd
Logo for Launga
Launga
2022, Hapur (India), Unfunded
Online food delivery services for restaurants
-
-
16/100
4th
Logo for CarryOver
CarryOver
2015, Gurugram (India), Deadpooled
B2B last mile logistics for restaurants
-
-
15/100
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Looking for more details on Grab's competitors? Click here to see the top ones

Grab's Latest cap tables and shareholding

Founders own 38.03%, Funds (largest shareholder) own 39.55%, Enterprises own 12.84% and Angels own 6.83%. The net worth of Grab's founders is INR 38.5Cr as of Jan 20, 2018.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
38.03%
38.5Cr
3093280
1647079
2381586
1263179
9130730
2096919
8502216
4570800
4106413
1598064
4736788
6687398
2484595
1356929
2272168
8230237
Fund
39.55%
40Cr
8218290
9025375
1000794
3880862
5672446
6703389
1995320
5965083
1096088
8137603
7846567
9997567
9322991
1089894
7068508
6382670
6680
3071
5501
9514
7740
6389
164
189
954
282
812
774
Enterprise
12.84%
13Cr
9867715
4552978
9922949
9907762
Angel
6.83%
6.91Cr
369990
624993
388827
560942
753
652
882
818
460
252
ESOP Pool
2.76%
2.79Cr
49
30
26
66
Total
100.00%
101Cr
2111353
6765213
4690264
5185146
lockTo unlock detailed Cap Table of Grab Sign up today!
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Grab's Shareholding

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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