Hony Capital

Hony Capital, established in 2003 and based in Beijing, is a prominent private equity firm that has played a significant role in the development of China's private equity landscape. Sponsored by Legend Holdings, Hony Capital specializes in crafting investment strategies tailored to the Chinese market, leveraging a deep understanding of local dynamics along with international best practices. The firm manages over USD 6.8 billion in assets across multiple funds and has invested in more than 60 companies. Hony Capital adheres to a "value creation" philosophy, collaborating with managers and entrepreneurs to transform businesses into leaders within their respective sectors. The firm focuses on areas where it has built considerable expertise, including pharmaceuticals and healthcare, consumer products, media and entertainment, financial services, construction materials, machinery, and alternative energy.

Kevin Yi Cheng

Managing Director

80 past transactions

UNISOC

Venture Round in 2024
UNISOC is a fabless semiconductor company specializing in the research and development of core chipsets for mobile communications and the Internet of Things (IoT). The company produces a wide range of products, including mobile chipset platforms that support various communication standards such as 2G, 3G, and 4G, as well as RF chipsets, wireless connection chipsets, security chipsets, TV chipsets, and image sensor chipsets. With a global workforce of over 4,500 employees and numerous research and development centers, UNISOC ranks among the top three suppliers of mobile baseband chipsets worldwide and is the largest pan-chip supplier in China. The company's offerings enable access to advanced technologies, including 5G and artificial intelligence, for consumer and industrial electronics.

CVA Chip

Series B in 2023
CVA Chip is a developer and manufacturer of intelligent sensing chips tailored for applications in the automotive sector, Internet of Things (IoT), and mobile devices. The company focuses on research and development of high-performance processors and chips that facilitate advanced computing hardware, thereby enabling edge intelligence. Its multi-modal Sparrow architecture platform supports various projects, including 3D face recognition vision chips, binocular vision chips, intelligent decoding scaler chips, and a series of MCU+ perception and driver chips. Through its innovative technology, CVA Chip aims to enhance the capabilities of intelligent devices across multiple industries.

Guangyu Mingdao

Angel Round in 2023
Guangyu Mingdao is an industrial internet platform.

Xilian Optical Core

Series B in 2023
Xilian Optical Core is a developer of silicon photonics chip technology. They offer an IP portfolio of independently created silicon photonics devices. Their silicon photonics-related technologies can be used to develop, design, tape out, process, and manufacture chips, engines, and modules, and they can also satisfy a wide range of user requirements throughout the whole value chain. Customers are given access to the company's products, which also come with delivery and commercial technical assistance. Their product categories such as light engines, optical modules, and embedded optical engines.

Zhanwan Technology

Venture Round in 2023
Zhanwan specializes in developing custom solutions for enterprises through its expertise in industrial Internet of Things (IoT) and big data technologies. The company operates a CPS system, known as SMART, which utilizes an information physics framework to facilitate data acquisition and edge computing on the shop floor. By deploying the SMART-EDGE gateway, Zhanwan aggregates and analyzes production equipment data, employing artificial intelligence to enhance manufacturing processes. Their intelligent applications include tools for welding failure prediction, tool life management, production optimization, and equipment utilization analysis. By leveraging these technologies, Zhanwan aims to assist manufacturing plants in improving quality, increasing efficiency, and maximizing the return on investment without necessitating significant capital expenditures in fixed assets.

Lucky Cat Tea

Series A in 2023
Lucky Cat Tea is a manufacturing company that sells a wide range of premium tea products for customers in the vicinity.

Butler Electric Group

Series B in 2023
Electric Butler specializes in providing electric utility services tailored for B2B industry clients. The company offers a comprehensive suite of services that includes connection to the distributed energy grid, substation custody operation and maintenance, all-weather repairs, and power supply support for construction projects. By integrating Internet and energy services, Electric Butler aims to deliver reliable and efficient solutions to its customers.

SPIC

Series B in 2022
State Power Investment Corporation Limited(SPIC) was established in May 2015 through the merger of China Power Investment Corporation and State Nuclear Power Technology Corporation. Oriented by incorporating a state-owned capital investment company, SPIC is striving to become a pioneer in SOE transformation by building a new group with high standards and a high starting point. SPIC is one of China's top five power generators, an integrated energy group with power as its core. It has a total installed capacity of 126 GW, including 72.43GW of thermal power, 22.03GW of hydropower, 4.48 GW of nuclear power, 11.66GW of solar power, and 13.73 GW of wind power, with clean energy accounting for 45.14% of the total, demonstrating a distinctive clean development feature. It supplies 422.6 TWh of power and 171 million GJ of heat per annum. It also owns a coal production capacity of 78.6 million tons per year (t/y), aluminum smelting capacity of 2.49 million t/y, and a railway transportation line of 627 km.

Veminsyn

Series A in 2022
Veminsyn provides chemical production services for low-carbon biomanufacturing. Their bioactive materials are for beauty and personal care, and they hope to expand to more diverse downstream products.

Starna Therapeutics

Series A in 2022
Starna Therapeutics is focused on developing innovative drugs that utilize RNA technology at their core. The company possesses a proprietary RNA and organ-selective delivery technology platform, which underpins its extensive research and development pipeline. This pipeline addresses unmet clinical needs in various areas, including vaccines for infectious diseases, tumor immunology, and metabolic disorders. By leveraging its independent intellectual property rights, Starna Therapeutics aims to advance the field of RNA-based therapeutics and contribute to significant advancements in healthcare.

SVOLT

Series B in 2021
SVOLT manufacturer of electric batteries. They specialize in the manufacturing of automotive power batteries and energy storage systems. Their market applications include passenger cars, commercial vehicles, energy storage, and light power solutions. Their products include batteries and energy storage batterie. They provide users with energy vehicle charging piles, batteries recycling, and solutions.

RootPath Genomics

Series B in 2021
RootPath Genomics, Inc. is a biotechnology company based in Cambridge, Massachusetts, founded in 2017. It specializes in developing a personalized T-cell therapy platform that integrates precision medicine with cancer immunotherapy. The company's innovative technologies focus on the analysis and manipulation of individual immune cells, enabling advancements in immune and cell therapy. By precisely monitoring and modulating the immune system, RootPath aims to enhance the diagnosis and treatment of cancer, contributing to significant improvements in patient outcomes.

Seesaw Coffee

Series A in 2021
Seesaw Coffee is dedicated to delivering high-quality coffee experiences to communities through its chain of cafes. The company specializes in sourcing premium coffee beans from Yunnan, adhering to strict guidelines for cherry selection and employing various processing methods, including washed, honey, and natural. In addition to serving delicious coffee beverages, Seesaw Coffee offers retail and roasting services, as well as a comprehensive training program that develops world-class baristas and fosters direct relationships with coffee farmers. Through these initiatives, Seesaw Coffee aims to set a regional standard for specialty coffee while making it accessible and affordable for customers.

Seesaw Coffee

Series A in 2021
Seesaw Coffee is dedicated to delivering high-quality coffee experiences to communities through its chain of cafes. The company specializes in sourcing premium coffee beans from Yunnan, adhering to strict guidelines for cherry selection and employing various processing methods, including washed, honey, and natural. In addition to serving delicious coffee beverages, Seesaw Coffee offers retail and roasting services, as well as a comprehensive training program that develops world-class baristas and fosters direct relationships with coffee farmers. Through these initiatives, Seesaw Coffee aims to set a regional standard for specialty coffee while making it accessible and affordable for customers.

G+ ERP

Series A in 2021
Cross-boarder e-commerce SaaS provider

Shenzhen Jijia

Series A in 2021
Jijia is a cross-border e-commerce digital infrastructure service provider that specializes in offering fully closed-loop e-commerce solutions to cross-border e-commerce retailers. Jijia currently employs over 200 R&D professionals and has a team with many years of industry technology and experience. Its headquarters are in Shenzhen, and it has offices in over 20 cities, including Changsha, Guangzhou, Dongguan, Xiamen, Hangzhou, and Ningbo. Jijia has built solutions that better satisfy the demands of industry sellers from its inception, based on the product philosophy of "knowing the industry and understanding customers" and a thorough understanding of the underlying logic of the cross-border e-commerce business.

StarPony

Seed Round in 2021
StarPony was established in August 2020, focusing on children's toy products. The company's business covers innovative design and sales coverage of new children's products (hardware and software) in the world, domestic E-commerce, cross-border e-commerce.

Chongxing Chongwu

Series B in 2021
Chongxing Chongwu is a supplier of pet supplies.

Dingdong Maicai

Series D in 2021
Dingdong Maicai is a community-based online retail platform in China that specializes in fresh produce and other daily necessities. Founded in 2014 and headquartered in Shanghai, the company leverages technology to enhance its operations, allowing for direct procurement at the point of origin and efficient pre-warehouse distribution. It aims to deliver products to customers' homes in 29 minutes or less, significantly improving the fresh food consumption experience. The service is available in major cities, including Shanghai, Beijing, Shenzhen, Hangzhou, and Suzhou. Dingdong Maicai operates through its mobile application and mini-programs, generating revenue from the sale of fresh groceries and membership services, positioning itself as one of the fastest-growing on-demand e-commerce companies in China.

Advaccine

Private Equity Round in 2021
Advaccine is a biotechnology company dedicated to the discovery and development of innovative vaccines aimed at addressing unmet clinical needs globally. The company specializes in both preventive and therapeutic vaccines, with a research pipeline that includes first-in-class candidates for diseases such as hepatitis B, respiratory syncytial virus, type 1 diabetes, and coronavirus. By focusing on viral vaccine technology, Advaccine aims to provide effective treatments and improve health outcomes for patients, particularly those with chronic conditions like diabetes.

EpimAb Biotherapeutics

Series C in 2021
EpimAb Biotherapeutics is a privately owned biopharmaceutical company dedicated to generating novel bi-specific antibody therapeutics based on its proprietary FIT-Ig (Fabs-In-Tandem) platform. Monoclonal antibodies have transformed the treatment of human diseases, including inflammatory and autoimmune diseases, cancer, severe infections and many rare conditions over the course of the past two decades. Bi-specific antibodies are engineered from two different monoclonal antibodies and combine their key features into one molecule. As a novel drug class, bi-specifics provide additional options for the treatment of many life-threatening diseases such as cancer. However, even minor modifications to any pharmaceutically active biologic such as an antibody can significantly change the properties critical to its development, such as its binding properties, the pharmacokinetics, its stability, solubility and the ability to produce it in sufficient quantities at reasonable costs. This challenge has prevented a majority of bi-specific antibodies of potential interest to scientists and clinicians from advancing into clinical development because their drug-like features were compromised. Thus, the need for a new generation of bi-specific antibody therapeutics in the pharmaceutical industry remains high.

Xiaomian

Series B in 2021
Xiaomian is a restaurant intended to provide yummy noodles. They provide fresh-cooked Chongqing-style spicy noodles at restaurants and retail instant noodle products online, enabling consumers.

HOUMO.AI

Seed Round in 2021
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that cater to the growing demand for computing power in the AI sector. By leveraging innovative technologies, Houmo.AI aims to deliver chips that offer significant performance improvements while maintaining low power consumption and affordability. This approach enables enterprises to manufacture advanced intelligent robotics and other AI-integrated electronics, ultimately striving to meet the challenges of true artificial intelligence.

Fenbi

Series A in 2021
Fenbi Wang provides vocational education examination services.

Chongxing Chongwu

Series B in 2020
Chongxing Chongwu is a supplier of pet supplies.

Nourse

Series B in 2020
Nourse produces special dietary supplements for dogs and cats

LaNova Medicines

Series A in 2020
LaNova Medicines is a clinical-stage innovative drug research and development company. The company focuses on the unmet therapeutic needs in the field of tumor immunity and tumor microenvironment and focuses on the research and development of "world's first" and "best-in-class" potential bio-innovative drugs.

Simpcare

Series A in 2020
Simpcare is a skincare brand that specializes in a diverse range of products designed for sensitive skin. The company offers several series, including medicinal laminaria, camellia, guaiac wood, conotoxin peptide, glowing glazed, cherry blossom, and sun protection products. By utilizing natural ingredients, Simpcare aims to provide customers with comprehensive skincare solutions that cater to various needs.

Jiemian.com

Venture Round in 2020
Jiemian (Shanghai) Network Technology Co., Ltd. is a prominent digital media company based in Beijing, China, specializing in business and financial news. Established in 2014, it operates a comprehensive online platform that delivers a wide range of content, including current affairs, international news, and specialized reports in the financial sector. Jiemian.com features 26 content sections, highlighting its commitment to providing high-quality news and information tailored for a discerning audience. Additionally, the company offers various services, such as interview programs and financial news agency services, and also includes platforms focused on cultural life, non-fiction writing, and short video reports. With additional offices in Shanghai, Shenzhen, and Guangzhou, Jiemian has rapidly become a leading news source for China's middle class, leveraging its affiliation with the Shanghai United Media Group and a consortium of companies in the internet and media sectors.

Eros Now

Post in 2020
Eros Now is a prominent streaming platform that specializes in Bollywood films, regional Indian movies, original content, TV shows, and music videos, catering to audiences worldwide. As a key component of Eros STX Global, which was formed through the merger of Eros International and STX Entertainment, Eros Now boasts a library of over 12,000 titles in various languages, including Hindi and regional dialects. The platform has established partnerships with major telecommunications companies in India for content distribution and has expanded its reach internationally, launching in markets such as Malaysia and on devices like Amazon Fire TV and Apple TV. As of March 2020, Eros Now had approximately 196.8 million registered users, with around 29.3 million paying subscribers, reflecting its significant presence in the digital entertainment landscape.

Capital Heat

Venture Round in 2020
Capital Heat engages in providing energy management solutions.

Xinhua Xuanmen

Private Equity Round in 2019
Xinhua Xuanmen is a mobile platform

Meishubao

Series C in 2019
Meishubao is a company that operates an art education platform aimed at children. It focuses on enhancing online art education by integrating digital technology into teaching methodologies. The platform offers a variety of resources, including online reviews of artworks, demonstration videos, and personalized art classes, allowing users to explore and develop their creative skills. By leveraging technology, Meishubao aims to foster an engaging environment for aesthetic education and promote the advancement of art among young learners.

STX Entertainment

Private Equity Round in 2019
STX Entertainment is a global media company specializing in the development, financing, production, marketing, and distribution of diverse content, including film, television, virtual reality, digital video, music, and live entertainment. Founded by Robert Simonds and Bill McGlashan, STX focuses on leveraging the direct connections between stars and their fans to create talent-driven enterprises rather than relying solely on traditional distribution platforms. The company has established strategic partnerships with notable investors and firms, including those from China and Southeast Asia, allowing it to enhance its global reach and maximize content impact, particularly in key markets such as China. Through its innovative approach, STX Entertainment aims to reshape the entertainment landscape by bridging the gap between creators and audiences.

Qianqiu old culture

Series B in 2018
Qianqiu old culture is a variety show production and post-service provider.

WeWork India

Series B in 2018
WeWork India is a commercial real estate company that specializes in providing shared workspaces and office services tailored for entrepreneurs, startups, and small businesses. Established in 2017 by Karan Virwani and headquartered in Bengaluru, the company transforms traditional buildings into collaborative environments designed to enhance creativity and productivity. WeWork India offers a variety of workspace solutions, including single desks, meeting rooms, and private offices, catering to diverse business needs. By leveraging technology and innovative design, the company aims to simplify the search for office spaces and foster a sense of community among its members. Its mission is to create a supportive ecosystem where individuals can focus on their work while benefiting from shared resources and networking opportunities.

I-Mab Biopharma

Series C in 2018
I-Mab Biopharma is a clinical-stage biopharmaceutical company based in Shanghai, China, with additional offices in Beijing and Rockville, Maryland. Founded in 2016, the company focuses on discovering, developing, and commercializing innovative biologics aimed at addressing significant unmet medical needs, particularly in the areas of immuno-oncology and immuno-inflammation. Its diverse portfolio includes therapies for multiple myeloma, autoimmune diseases, pediatric growth hormone deficiency, ulcerative colitis, and various cancer indications. Key development candidates in its pipeline include Uliledlimab, an antibody targeting solid tumors, along with Ragistomig and Givastomig. I-Mab Biopharma is dedicated to advancing treatments that can significantly impact patient health outcomes.

Linmon Pictures

Series C in 2018
Linmon Pictures is a boutique entertainment studio. Linmon Pictures is an independent creator, producer, and distributor of entertainment content.

Amber Aviation

Series A in 2017
Amber Aviation is an aircraft service platform that specializes in a range of services tailored to the aviation industry. The company provides aircraft management, which includes consulting on operating licenses and offering operational support. Additionally, Amber Aviation focuses on aircraft maintenance, ensuring rigorous safety standards and quality repairs. The company also engages in aircraft trading, facilitating sales and pre-sale inspections for clients. Their offerings extend to pilot support and cost control consulting services, as well as charter services, creating a comprehensive suite of solutions designed to meet the needs of business jet operators and owners. Amber Aviation is committed to delivering personalized services that adhere to international standards.

Xinyisoft

Corporate Round in 2017
Xinyisoft is a Chinese company that specializes in providing catering management software services. Its Software-as-a-Service platform is designed to streamline the cashier process and enhance the management of user data, human resources, and supply chain operations. By offering these solutions, Xinyisoft enables catering enterprises to operate more efficiently and effectively manage their various business processes.

Mr&Mrs Italy

Funding Round in 2017
Mr & Mrs Italy interprets iconic garments with italian flair, creating unique, high-end items cherished worldwide. Mr&Mrs Italy is identified globally with the parka, a resistant and comfortable jacket, originally conceived for the American infantry in the 50’s. MMI enriched it with exclusive furs, whilst maintaining its original shape and details.

Yatsen Holding

Series B in 2017
Yatsen Holding Limited is a beauty company based in Guangzhou, China, specializing in the development and sale of cosmetics and skincare products. The company operates under several brands, including Perfect Diary, Little Ondine, and Abby’s Choice. It offers a diverse range of products, including color cosmetics, eye makeup, lip makeup, face makeup, skincare, and nail products, as well as makeup tools and accessories. Yatsen has established itself as a leader in the online retail space, with Perfect Diary recognized as the top color cosmetics brand in China shortly after its launch. Founded in 2016, the company has expanded its offerings to include perfumes and beauty devices, and it sells its products through both physical stores and online channels.

Zihuangbao

Series A in 2017
Zihuangbao is an online and offline fast food and beverage brand that provides catering services.

WeWork India

Series G in 2017
WeWork India is a commercial real estate company that specializes in providing shared workspaces and office services tailored for entrepreneurs, startups, and small businesses. Established in 2017 by Karan Virwani and headquartered in Bengaluru, the company transforms traditional buildings into collaborative environments designed to enhance creativity and productivity. WeWork India offers a variety of workspace solutions, including single desks, meeting rooms, and private offices, catering to diverse business needs. By leveraging technology and innovative design, the company aims to simplify the search for office spaces and foster a sense of community among its members. Its mission is to create a supportive ecosystem where individuals can focus on their work while benefiting from shared resources and networking opportunities.

Viu

Venture Round in 2017
Viu is a video streaming subscription service based in Hong Kong, offering an Over-the-Top (OTT) media platform. It operates in 16 markets, including various countries across Asia, such as Hong Kong, Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Myanmar, as well as in the Middle East, including Bahrain, Egypt, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. Recently, Viu also expanded its services to South Africa. The platform provides a diverse range of content across multiple genres, ensuring that subscribers have access to entertainment in their local languages with subtitles, thereby catering to a global audience.

Vuclip

Venture Round in 2017
Vuclip is a leading mobile video on demand service focused on emerging markets, boasting over 3 million subscribers each quarter across six countries. The company collaborates with more than 160 top studios globally to provide a diverse range of content, including blockbuster Hollywood films, regional movies, TV shows, and music videos in 20 languages. Vuclip offers a dual model featuring both an ad-supported free tier and a premium subscription tier, catering to various viewer preferences. Its proprietary Dynamic Adaptive Transcoding technology ensures a smooth, unbuffered viewing experience across all mobile devices and networks. The company is headquartered in Milpitas, California, with additional operations in key cities such as Dubai, Beijing, Kuala Lumpur, Mumbai, Delhi, Jakarta, and Bangkok.

WeWork India

Series A in 2017
WeWork India is a commercial real estate company that specializes in providing shared workspaces and office services tailored for entrepreneurs, startups, and small businesses. Established in 2017 by Karan Virwani and headquartered in Bengaluru, the company transforms traditional buildings into collaborative environments designed to enhance creativity and productivity. WeWork India offers a variety of workspace solutions, including single desks, meeting rooms, and private offices, catering to diverse business needs. By leveraging technology and innovative design, the company aims to simplify the search for office spaces and foster a sense of community among its members. Its mission is to create a supportive ecosystem where individuals can focus on their work while benefiting from shared resources and networking opportunities.

Ofo

Series E in 2017
Ofo is a “station-free” bike-sharing platform operated via an online mobile application. It is committed to providing the best short distance transportation solution, solving the “last mile” transportation problem by turning the last mile into a green, low-emission trip. To date, ofo has connected more than 10 million bikes to over 200 million users in more than 20 countries: Australia, Austria, China, Czech Republic, France, Germany, Hungary, India, Israel, Italy, Japan, Kazakhstan, Malaysia, Portugal, Russia, Singapore, Spain, Thailand, the Netherlands, the UK, and the US. The platform generates more than 32 million daily transactions and has provided global users in 250+ cities with over 6 billion efficient, convenient, green rides. The ofo platform is easy to use. After downloading the ofo mobile phone app (iOS/Android), users may scan the QR code or enter the plate number displayed on each bike to receive a passcode and unlock it. Its bike-sharing system requires no docking stations, providing significant flexibility for users to find and return bikes anywhere, anytime. Once they reach their destination, the user may park the bike anywhere that is legitimate, convenient, and easy for the next user to access. But ofo does more than help commuters and travelers access bikes for getting around their cities. As a partner of the UN Development Programme, they are focused on achieving Global Sustainability Goals and promoting green and healthy living, and they have also launched a partnership with Rihanna's Clara Lionel Foundation to provide bikes and scholarships for schoolgirls in Malawi.

Seesaw Coffee

Series A in 2017
Seesaw Coffee is dedicated to delivering high-quality coffee experiences to communities through its chain of cafes. The company specializes in sourcing premium coffee beans from Yunnan, adhering to strict guidelines for cherry selection and employing various processing methods, including washed, honey, and natural. In addition to serving delicious coffee beverages, Seesaw Coffee offers retail and roasting services, as well as a comprehensive training program that develops world-class baristas and fosters direct relationships with coffee farmers. Through these initiatives, Seesaw Coffee aims to set a regional standard for specialty coffee while making it accessible and affordable for customers.

Qianqiu old culture

Series A in 2017
Qianqiu old culture is a variety show production and post-service provider.

ByteDance

Series D in 2017
ByteDance is a technology company that develops and operates a range of content platforms, most notably TikTok and Douyin. It aims to enhance user experiences through innovative technology, allowing individuals to connect, create, and consume content seamlessly. The company specializes in mobile applications that cater to online media, entertainment, and social networking, leveraging artificial intelligence to deliver personalized content that aligns with users' preferences. In addition to its flagship platforms, ByteDance provides tools that facilitate content creation and collaboration, reflecting its commitment to enriching lives through technology.

FibroGen

Post in 2017
FibroGen, Inc. is a biopharmaceutical company dedicated to discovering, developing, and commercializing therapeutics to address significant unmet medical needs. The company is advancing Roxadustat, an oral small molecule inhibitor of hypoxia-inducible factor prolyl hydroxylases, which is in Phase III clinical development for treating anemia in chronic kidney disease in the United States and Europe, and in Phase II/III development for anemia associated with myelodysplastic syndromes in China. Additionally, FibroGen is developing Pamrevlumab, a human monoclonal antibody that targets connective tissue growth factor, currently in Phase III trials for idiopathic pulmonary fibrosis, pancreatic cancer, liver fibrosis, and diabetic kidney disease, along with a Phase II trial for Duchenne muscular dystrophy. The company has established collaboration agreements with Astellas Pharma Inc. and AstraZeneca AB. Founded in 1993 and headquartered in San Francisco, California, FibroGen generates most of its revenue through these collaborative partnerships.

SexySalad

Series B in 2017
SexySalad is an app that provides salad and delivery services in China.

Bingz

Venture Round in 2016
Xishaoye Roujiamo has a simple menu, it was able to achieve single store revenues of RMB6,800 per square meter daily, according to Chinese media reports.

WeWork India

Series F in 2016
WeWork India is a commercial real estate company that specializes in providing shared workspaces and office services tailored for entrepreneurs, startups, and small businesses. Established in 2017 by Karan Virwani and headquartered in Bengaluru, the company transforms traditional buildings into collaborative environments designed to enhance creativity and productivity. WeWork India offers a variety of workspace solutions, including single desks, meeting rooms, and private offices, catering to diverse business needs. By leveraging technology and innovative design, the company aims to simplify the search for office spaces and foster a sense of community among its members. Its mission is to create a supportive ecosystem where individuals can focus on their work while benefiting from shared resources and networking opportunities.

Zispace

Angel Round in 2016
Zispace provides elite office park services. They cover diversified products such as corporate single buildings, creative incubators, and large-scale office buildings. They offer a broadband network system, a telephone system, a cable TV system, a video surveillance system, a parking lot management system, a building intercom system, and an electronic patrol system through the precise design and optimization of modern information transmission technology.

Deem

Venture Round in 2016
Deem, Inc. is a technology company specializing in Commerce-as-a-Service (CaaS) that streamlines business travel and expense management for organizations. Founded in 1999 and headquartered in San Francisco, Deem provides an integrated cloud suite of applications that allow companies to manage travel, expenses, and purchases effectively. Its platform enables employees to book flights, hotels, and ground transportation easily, enhancing productivity and efficiency. Deem also offers merchants opportunities to sell their products and services intelligently through promotions and discounts, while allowing companies to syndicate additional offerings to existing customers. This approach helps businesses save costs on transactions and maintain compliance with spending policies. Deem operates as a subsidiary of Enterprise Holdings, Inc. since 2019, continuing its mission to simplify and optimize the business travel experience for both travelers and organizations.

Ningmeng Pictures

Series B in 2016
Ningmeng Pictures is a boutique studio firm that is focused on the television program, film, and video show production. Ningmeng Pictures was founded by Su Xiao in August 2014.

Linmon Pictures

Series B in 2016
Linmon Pictures is a boutique entertainment studio. Linmon Pictures is an independent creator, producer, and distributor of entertainment content.

Tuniu

Post in 2015
Tuniu (Nasdaq:TOUR) is a online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu has over 550,000 stock keeping units (SKUs) of packaged tours, covering over 140 countries worldwide and all the popular tourist attractions in China. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including approximately 650 tour advisors, a 24/7 call center and 75 regional service centers. The Company's goal is to become the destination for Chinese consumer seeking leisure travel products and services. Tuniu aims to further expand its online leisure travel market share by expanding product offerings, increasing customer base, enhancing customer loyalty and strengthening supply chain management. The Company also intends to continue to pursue mobile strategies, invest in technology infrastructure, and to pursue strategic alliances and acquisitions.

Tuniu

Post in 2014
Tuniu (Nasdaq:TOUR) is a online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu has over 550,000 stock keeping units (SKUs) of packaged tours, covering over 140 countries worldwide and all the popular tourist attractions in China. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including approximately 650 tour advisors, a 24/7 call center and 75 regional service centers. The Company's goal is to become the destination for Chinese consumer seeking leisure travel products and services. Tuniu aims to further expand its online leisure travel market share by expanding product offerings, increasing customer base, enhancing customer loyalty and strengthening supply chain management. The Company also intends to continue to pursue mobile strategies, invest in technology infrastructure, and to pursue strategic alliances and acquisitions.

Neusoft Medical Systems

Private Equity Round in 2014
Neusoft Medical Systems is a prominent provider of clinical diagnosis and treatment solutions, specializing in digital medical imaging equipment. The company's offerings include advanced technologies such as CT, MRI, X-ray, ultrasound, positron emission tomography, and in vitro diagnostic products. Neusoft Medical is dedicated to enhancing global healthcare by continuously innovating its portfolio to improve the capabilities of medical institutions in diagnosing and treating patients. Additionally, the company is developing a strategic product line called Medical Devices & Data as a Service (MDaaS), which integrates the Internet, big data, and artificial intelligence to optimize operational efficiency in healthcare settings.

Neusoft Medical Systems

Secondary Market in 2014
Neusoft Medical Systems is a prominent provider of clinical diagnosis and treatment solutions, specializing in digital medical imaging equipment. The company's offerings include advanced technologies such as CT, MRI, X-ray, ultrasound, positron emission tomography, and in vitro diagnostic products. Neusoft Medical is dedicated to enhancing global healthcare by continuously innovating its portfolio to improve the capabilities of medical institutions in diagnosing and treating patients. Additionally, the company is developing a strategic product line called Medical Devices & Data as a Service (MDaaS), which integrates the Internet, big data, and artificial intelligence to optimize operational efficiency in healthcare settings.

XIKANG

Series A in 2014
XIKANG is a Beijing-based company that offers cloud-based medical and healthcare management services, focusing on enhancing the efficiency of local medical systems through information technology. It has developed a scalable cloud hospital platform that integrates local governments, medical institutions, patients, and insurance providers. This platform facilitates various Internet medical services, including online hospital consultations, remote healthcare, smart family doctor services, and home care solutions. Additionally, XIKANG provides health management services and smart healthcare products. The company's primary revenue stream comes from health management services, which complement its diverse offerings in cloud hospital platform services and Internet medical services, ultimately aiming to deliver continuous and high-quality healthcare to patients.

Deem

Venture Round in 2014
Deem, Inc. is a technology company specializing in Commerce-as-a-Service (CaaS) that streamlines business travel and expense management for organizations. Founded in 1999 and headquartered in San Francisco, Deem provides an integrated cloud suite of applications that allow companies to manage travel, expenses, and purchases effectively. Its platform enables employees to book flights, hotels, and ground transportation easily, enhancing productivity and efficiency. Deem also offers merchants opportunities to sell their products and services intelligently through promotions and discounts, while allowing companies to syndicate additional offerings to existing customers. This approach helps businesses save costs on transactions and maintain compliance with spending policies. Deem operates as a subsidiary of Enterprise Holdings, Inc. since 2019, continuing its mission to simplify and optimize the business travel experience for both travelers and organizations.

PizzaExpress

Acquisition in 2014
PizzaExpress is a restaurant group with over 400 restaurants across the United Kingdom and 40 overseas in Europe, Hong Kong, India and the Middle East.

Jinjiang International

Private Equity Round in 2014
Shanghai Jin Jiang International Hotels (Group) Company Limited ("Jin Jiang Hotels") is a leading hotel group in China, principally engaged in hotel operation and management, franchising, and the businesses of restaurants, transportation, logistics and travel agency, etc. Jin Jiang Hotels was successfully listed on the Main Board of the Hong Kong Stock Exchange in December 2006 under the stock code 2006.HK, thus becoming the first Hong Kong-listed stock which is solely engaged in hotel business in mainland China.

STX Entertainment

Venture Round in 2014
STX Entertainment is a global media company specializing in the development, financing, production, marketing, and distribution of diverse content, including film, television, virtual reality, digital video, music, and live entertainment. Founded by Robert Simonds and Bill McGlashan, STX focuses on leveraging the direct connections between stars and their fans to create talent-driven enterprises rather than relying solely on traditional distribution platforms. The company has established strategic partnerships with notable investors and firms, including those from China and Southeast Asia, allowing it to enhance its global reach and maximize content impact, particularly in key markets such as China. Through its innovative approach, STX Entertainment aims to reshape the entertainment landscape by bridging the gap between creators and audiences.

PPTV

Private Equity Round in 2013
PPTV is a Chinese online video network technology platform that offers TV shows, news, and other content for entertainment.

Shanghai SMI Holding

Post in 2013
Shanghai City Investment Holding provides real estate development. They also offer to promote rental housing, real estate marketing, stock asset operations, and other related businesses, as well as professional management of light and heavy assets.

China International Marine Containers

Post in 2012
China International Marine Containers (Group) Co., Ltd. is a leading manufacturer and supplier of logistics and energy equipment based in Shenzhen, China. Founded in 1980, the company produces a diverse range of products, including dry, reefer, and special-purpose containers, as well as road transportation vehicles such as semi-trailers and specialized trucks. Additionally, it designs and constructs advanced offshore engineering equipment, including drilling platforms and support vessels. CIMC also provides airport facilities, automated logistics systems, and fire safety equipment, alongside offering technical and maintenance services. The company is involved in logistics and asset management, industrial city development, and multimodal transportation activities. With a strong international presence, CIMC serves customers across over 100 countries and regions, supported by a commitment to quality and innovation in its operations.

Sundan

Angel Round in 2011
Sundan is an online retailer and distributor of electrical appliances based in China. The company offers a diverse range of products, including mobile communications devices, digital equipment, aerial equipment, photography products, computers and accessories, office equipment, small kitchen appliances, and various home devices. In addition to its online presence, Sundan operates a chain of retail stores, providing consumers with access to high-end electrical appliances through both physical and digital channels.

Xi'an Triangle Defense

Series A in 2011
Xi'an Triangle Defense Co., Ltd. is a research, development, and manufacturing firm based in Xi'an, China, specializing in precision forgings for both military and civilian applications. The company produces a range of products, including airplane structure parts, civil aircraft frames, landing gear, and integral structural components for aero-engines. Additionally, it manufactures engine discs and large to medium-sized die forgings. Xi'an Triangle Defense serves various industries, such as aviation, aerospace, maritime, defense, and nuclear sectors, both domestically and internationally.

Uyoung

Angel Round in 2010
Uyoung offers media and entertainment services for child development and early learning.

Biosensors

Post in 2010
The Biosensors International group of companies develop, manufacture and market innovative medical devices for interventional cardiology and critical care procedures. Our aim is to improve patients' lives through pioneering medical technology that pushes forward the boundaries of innovation.

Happigo

Series A in 2010
Golden Eagle Broadcasting System and Hunan TV are the owners of Happigo.com (快乐购), an e-commerce website with the integration of selected products from various brands. In March 2006, it was opened and operated by Hunan Happigo Co.,Ltd, which was a joint venture. Happigo.com has thousands of daily shoppers and 5 million who views the site each month. It covers 64 regional markets and more than 40 million households, whose membership exceeds 3 million. Its total revenue in 2009 surpassed 2 billion.

CSPC Pharmaceutical Group

Acquisition in 2007
CSPC Pharmaceutical Group Limited ("CSPC") is a pharmaceutical group in China. The Company has been listed on the Main Board of the Hong Kong Stock Exchange since 1994. CSPC is a constituent stock of the "Hang Seng Composite Index", "Hang Seng Healthcare Index", "Hang Seng Mainland Healthcare Index", "Hang Seng Stock Connect Hong Kong Index" and "Hang Seng China (Hong Kong-listed) 100 Index" and "Hang Seng China Enterprises Index". CSPC has three major business segments including innovative drugs, common generic drugs and bulk drugs. The Group focuses on the manufacturing, researching and marketing of medicines and pharmaceutical related products. The Group has nearly 1,000 finished drugs products including antibiotics, cardio-cerebrovascular drugs, antipyretic analgesic drugs, digestive system drugs, oncology drugs and traditional Chinese medicine. Of which, "NBP", "Oulaining", "Xuanning". "Duomeisu", "Jinyouli" and "Nuolining" are the bestselling innovative drugs products of the Group in China. Bulk drugs products include antibiotics, vitamin C and caffeine series. The manufacturing facilities of CSPC are mainly located in Shijiazhuang City, Hebei Province, China.

Jushi

Post in 2007
Jushi manufactures and markets glass fiber materials. They also provide glass fibers, composite materials, and other products. Additionally, they also provide building material field, application field, and testing services.

Zoomlion

Post in 2006
Zoomlion Heavy Industry Science & Technology Co., Ltd. is mainly engaged in developing and manufacturing major high-tech equipment in the areas of engineering industry, agricultural industry, and environmental industry.

Simcere Pharma

Private Equity Round in 2005
Founded on 28th March 1995, Simcere swiftly evolved from being a pure distributor of pharmaceutical products to become a leading manufacturer and supplier of drugs in China's rapidly growing pharmaceutical market. Simcere currently operates five GMP-certified manufacturing facilities, two nationwide sales and marketing subsidiaries, a research and development center and manages over 4,000 employees. They are the first Chinese chemical and biological drug company to list on the New York Stock Exchange with IPO proceeds reaching US$ 261 million.
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