On March 31, 2021, PT Elang Mahkota Teknologi Tbk closed the transaction. The transaction included participation from new investor Grab Holdings Inc. via H Holdings, Inc., returning investors NAVER Corporation, several institutional investors including PT Asuransi Allianz Life Indonesia p.l.c., PT Ashmore Asset Management Indonesia Tbk, PT Manulife Aset Manajemen Indonesia, PT. Batavia Prosperindo Aset Manajemen, PT Syailendra Capital, and PT Elbara Perkasa.

NAVER Corporation invested IDR 2,184,450,000,000 ($150,000,000) as part of the transaction. Grab Holdings Inc. acquired 4% stake in the company and invested IDR 4,000,000,000,000.