The Silicon Review ^Asia

Grab, Southeast Asia’s leading ride-hailing company has made an announcement that it is working on a super app for its customers in Singapore, The Economic Times reported.

For the development, the company is expanding its engineering team in India by adding data science and geo-mapping. Grab’s Bangalore unit is among the seven of its R&D centers across the world; the unit has been mainly working on the creation of a payments system for the platform.

The work of creating a lending platform is underway; carried out by the data scientists and engineers. The team will soon begin working on insurance offerings. Vikas Agrawal, CTO OF Grab Financial was quoted as saying by ET.

Mr. Agrawal added that the Bangalore unit first created the payments platform, and then started working out for the merchant solutions. After that, it focused on the insights platform and KYC services risk platform; then moved finally to expand the data science work and data engineering.

Theo Vassilakis, CTO of Grab stated that Indian unit will also start to work for the enhancement of the map equipped in the main ride-hailing app.

Boththe officials also stated that the company intends to hire 200 workers, mainly engineers in the Bangalore unit in the next year. The main goal of the hiring is to double the company’s headcount despite scope expansion to new areas.

Apart from the super app, the move by Grab will also help them to boost its India Unit.