Uber rival Grab acquires Indian startup to bulk up its mobile payment platform

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Uber rival Grab acquires Indian startup to bulk up its mobile payment platform

 Grab, Uber’s main rival in Southeast Asia, is continuing to develop its mobile payment strategy after it announced the acquisition of India-based startup iKaaz. The deal — which is undisclosed — will see iKaaz’s engineering team join the Bangalore-based engineering office which Grab opened last year. The firm declined to say how many new recruits are moving over… Read More

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