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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.
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
₹399Cr as on Mar 31, 2025
Employee Count
792 as on Oct 31, 2024
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 $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:lockFilter 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
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Grab's founders and board of directors

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

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

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:
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
51/100
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
7118245
6017749
9626396
2817707
5236180
3653354
3204052
6045037
1007650
3485787
8656209
4548359
9755286
7992125
5616291
7762584
7116309
4236703
6143585
2350613
5693352
3495268
Fund
39.55%
40Cr
1005775
7447014
8891674
1537234
4943305
1571168
5445556
3277457
3618404
8227674
2236211
1905864
3139913
3822826
3056125
3795978
7945
4508
8030
1079
8590
3407
653
510
298
356
622
769
Enterprise
12.84%
13Cr
6255295
7785176
8618372
6751780
Angel
6.83%
6.91Cr
832610
221944
133927
975097
680
797
969
428
707
775
ESOP Pool
2.76%
2.79Cr
43
75
60
55
Total
100.00%
101Cr
3515325
5929112
5258099
9983155
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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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FAQs about Grab

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