TIS Inc. - Strategic alliance with Grab Holdings Inc.

Leading Japanese law firm Nishimura & Asahi advised TIS Inc. [TSE: 3626], a Japanese IT services provider, on its capital and business alliance with Grab Holdings Inc. (“Grab”), a leading Southeast Asian app company, and on its investment of USD 150 million in Grab.

Under the alliance, the companies will collaborate on enhancing the digital payment infrastructure in Southeast Asia and on developing payment technologies.

The Nishimura & Asahi team advising TIS was led by partner Masataka Sato, supported by Kotaro Fuji.