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Grab Fintech Veteran Set to Depart for Indonesian Startup

  • Head of lending is leaving after six years at Grab Holdings
  • Mehrotra was tasked with building Grab’s lending business
Grab Holdings Ltd.’s headquarters in Singapore.

Grab Holdings Ltd.’s headquarters in Singapore.

Photographer: Lauryn Ishak/Bloomberg
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Grab Holdings Ltd.’s head of lending plans to leave after six years at the firm to join three-year-old Indonesian startup BukuWarung, people familiar with the matter said, a setback for the ride-hailing giant’s fintech ambitions. 

Ankur Mehrotra, managing director of Grab Financial Group, plans to join Jakarta-based BukuWarung as a senior executive, the people said, asking not to be named as the matter is private.