They said Grab Financial Group's pre-money valuation - the value of an unlisted startup before its next funding round - has been estimated at about $2 billion.
SINGAPORE: Southeast Asia's Grab is in advanced talks with Prudential PLC, AIA Group Ltd and others as it seeks $300 million to $500 million in investment for its financial services unit, people with direct knowledge of the matter told Reuters.
Grab, which evolved from ride-hailing app operator to one-stop shop for services as varied as food delivery and insurance, aims to reach agreements as early as October, the people said.
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