HSG

HSG, formerly known as Sequoia Capital China, is a prominent venture capital and private equity firm with a global focus on technology, healthcare, and consumer sectors. Established in 2005, HSG operates offices in key international cities including Hong Kong, Shanghai, Beijing, Shenzhen, London, Tokyo, and Singapore, managing over $55 billion in assets for leading institutional investors. The firm has supported over 1,500 companies, fostering innovation and entrepreneurship through investments in transformative technologies and high-growth business models. HSG has a track record of success, with more than 160 portfolio companies having gone public and over 140 achieving unicorn status. It has developed a comprehensive investment platform that encompasses seed, venture, growth, buyout, and infrastructure investing, as well as public equities. HSG is dedicated to empowering entrepreneurs and companies to create enduring enterprises while delivering strong returns to its limited partners. Through its extensive resources and industry expertise, HSG provides significant advantages to the companies it partners with.

Wang Chenyu

Vice President

Sakshi Chopra

Managing Director

Amit Jain

Managing Director

Cherry Lu

Partner

Ishaan Mittal

Managing Director

Enita Pu

Partner

Harshjit Sethi

Managing Director

Tejeshwi Sharma

Managing Director

Pavel Vyhnalek

Operating Partner

Fu Xin

Partner

Past deals in API

Triple-

Series A in 2023
Triple-A is a digital currency payment institution that facilitates transactions in both traditional and digital currencies without the associated volatility. The company provides a comprehensive payment platform offering end-to-end services, including crypto payments, payouts, and remittances, which can be seamlessly integrated into existing business operations through API and no-code solutions. Licensed by the Monetary Authority of Singapore and recognized by regulatory bodies in the EU and the United States, Triple-A maintains high standards of security and compliance. With a client base of over 20,000 businesses, it simplifies the process of accepting payments in various currencies, enabling companies to expand their customer reach and enhance growth opportunities.

Zhipu AI

Series B in 2023
Zhipu AI is a data company focused on developing an AI-based large model platform that offers API services tailored to various customer needs. The company provides a range of smart application products, including the scientific and technological information analysis engine "AMiner" and AI cognitive engines such as CodeGeeX and CogView. These tools are designed to help users automate and optimize digital tasks, thereby reducing the required manual labor. Zhipu AI's advanced applications are built on its General Language Model (GLM) series, capable of handling tasks in both Chinese and English, making its offerings versatile and applicable across different linguistic contexts.

Pulse Energy

Seed Round in 2023
Pulse Energy is a developer of customer engagement software that specializes in energy management solutions. The company offers an API platform designed to enhance fleet charging operations, allowing seamless integration with driver applications in under two minutes. Through its software, Pulse Energy aims to improve performance and engage users effectively while providing accurate measurement and verification of energy usage. This focus on optimizing energy management helps clients enhance operational efficiency and occupant engagement.

zkPass

Seed Round in 2023
zkPass is oracle protocol that enables web private data to be verifiable. Built on top of zkTLS, composed of 3P-TLS and Hybrid ZK technologies, zkPass provides tools and applications for secure, verifiable data sharing with privacy and integrity assurances from any HTTPS website without requiring OAuth APIs. zkPass allows users to selectively prove various types of data, such as legal identity, financial records, healthcare information, social interactions, gaming data, real-world assets, work experience, education, and skill certifications. These zero-knowledge proof computations are performed locally and securely, ensuring that sensitive personal data is not leaked or uploaded to third parties. They can be used for AI, DePIN, DID, lending, and other financial and non-financial applications.

Shift

Series C in 2023
Shift offers credit and payment platforms that facilitate business trade, payments, and fund access through streaming data. The real-time view of a company's financial situation offered by Shift is made possible by streaming data. It also allows for improved credit modeling and dynamic limit setting. This frees up a company's time by allowing them to access financing whenever needed, eliminating the need for drawn-out approval procedures and time-consuming administration.

Airwallex

Series E in 2022
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Qoala

Series B in 2022
Qoala is an InsureTech company based in Jakarta Selatan, Indonesia, founded in 2018. The company specializes in providing online insurance services that cover flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance industry in Indonesia. It collaborates with major e-commerce and travel platforms to offer unique and innovative insurance products, thereby enhancing the customer experience.

UrbanPiper

Series B in 2022
UrbanPiper provides a comprehensive restaurant management platform aimed at simplifying order management and enhancing customer service for restaurants. The platform allows restaurants to onboard easily and set up automations for their online business across food aggregator apps while also enabling them to create their own direct ordering systems. It includes a suite of tools for managing online orders, centralized menu control, inventory tracking, and access to operational and sales data through a user-friendly dashboard. Additionally, UrbanPiper's solutions extend to in-store operations, allowing restaurants to manage individual locations or entire chains efficiently, thereby improving operational efficiency and customer satisfaction.

Yanhuang Data

Angel Round in 2022
Yanhuang Data is a company that specializes in real-time analysis of heterogeneous big data. Its platform efficiently processes structured, semi-structured, and unstructured data, offering a comprehensive suite of services that includes data collection, import, indexing, searching, display, and task alerts. By facilitating faster problem identification and solution planning, Yanhuang Data supports clients in navigating the complexities of digital transformation in the modern information age. The company serves a diverse range of sectors, including finance, banking, healthcare, transportation, information security, IT operations, smart cities, and the Internet of Things.

IIMMPACT

Seed Round in 2022
IIMMPACT Sdn Bhd, founded in 2017 and based in Kuala Lumpur, Malaysia, specializes in a payment and data aggregation services platform tailored for businesses. The platform enables companies to seamlessly integrate payment solutions with minimal coding, facilitating the launch of digital marketplaces that cater to over 170 billers. IIMMPACT's services encompass a wide range of payment options, including mobile recharges, utility bills, gaming, transportation, and corporate gifting. Additionally, the platform supports bill management for recurring payments and financial consolidation, allowing businesses of all sizes to efficiently automate their payment processes and enhance customer service. Through its innovative API solution, IIMMPACT aims to simplify financial transactions and data management for its clients.

Lean Technologies

Series A in 2022
Lean Technologies Limited, founded in 2019 and based in Riyadh, Saudi Arabia, is a FinTech startup that specializes in providing an application programming interface (API) platform for financial data applications. The company's API suite simplifies access to consumer financial data, allowing businesses to navigate the complexities of financial infrastructure with ease. By enabling seamless access to customers' financial information and facilitating instant bank transfers, Lean Technologies aims to enhance the accessibility, transparency, and utility of financial data and payments. This approach fosters a more inclusive and interconnected financial landscape, ultimately benefiting both consumers and businesses.

Razorpay

Series F in 2021
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive suite of products. The platform supports a variety of payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets such as JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money, and PayZapp. Razorpay also offers APIs and integrations that facilitate online transactions, automate electronic funds transfers, and manage recurring payments, making it easier for businesses to handle their payment processes efficiently and securely.

WATI

Series A in 2021
WATI is an early-stage, fast-growing SaaS platform that is revolutionizing how businesses communicate with their customers. We believe customer relationships are built through conversations, one message at a time. Through our cutting-edge customer engagement software built on WhatsApp’s Business API, businesses are now able to have personalized conversations, be easily accessible and engage with their customers in real-time - at scale! We live in the on-demand economy, where customers expect fast, simple and easy service and that’s exactly what our platform empowers companies to do. This is made possible through WATI’s easy-to-use platform that can be made up and running in no time. As a result, small and medium businesses have embraced the platform rapidly, and thousands of customers across 54 countries are now using WATI within just a year of launch.

Q-CTRL

Series B in 2021
Q-CTRL is a pioneering company in the quantum technology sector, focused on addressing critical challenges related to hardware error and instability. By developing advanced quantum control infrastructure software, Q-CTRL supports research and development professionals as well as end users in quantum computing, facilitating the transition to practical quantum computers. The company's innovative "Software-defined" quantum sensors are tailored for applications in defence, intelligence, navigation, and earth observation. With a team of expert quantum-control engineers, Q-CTRL collaborates with leading universities, national laboratories, and industry partners worldwide. As a notable member of the IBM Quantum Startup network and various industry consortia, Q-CTRL is recognized for its contributions to the field and has received several prestigious awards, including those from the Modern Manufacturing Initiative and the Next Generation Technology Fund. The company has garnered attention in major publications and was ranked among the Top 10 Most Innovative Tech Companies in Australia, highlighting its role in shaping the future of quantum technology.

Quanzhi Technology

Series B in 2021
Quanzhi Technology is a data security provider of knowledge-application data and API risk monitoring systems of enterprise data security.

Airwallex

Series E in 2021
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Eolink

Seed Round in 2021
Eolink is a domestic API overall solutions provider and the largest domestic API online management service platform. It also offers API documentation management, automated testing, monitoring, identity authentication, and security protection. They provide solutions for Internet, information technology, finance, and vehicles.

Airwallex

Series E in 2021
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Razorpay

Series E in 2021
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive suite of products. The platform supports a variety of payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets such as JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money, and PayZapp. Razorpay also offers APIs and integrations that facilitate online transactions, automate electronic funds transfers, and manage recurring payments, making it easier for businesses to handle their payment processes efficiently and securely.

Shipper

Series B in 2021
Shipper is a digital logistics platform that streamlines the process of shipping for freight forwarders and online vendors. The platform facilitates the pick-up of goods from various sellers and uses selected logistics services for delivery. It offers services such as package pick-up and fulfillment centers, along with tools that assist logistics providers in managing shipments effectively. Shipper's technology predicts shipping routes and consolidates packages destined for the same location. Additionally, it features a multi-carrier API, allowing sellers to manage their orders, print shipping labels, and access tracking information from multiple logistics providers directly from their mobile devices.

Razorpay

Series D in 2020
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive suite of products. The platform supports a variety of payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets such as JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money, and PayZapp. Razorpay also offers APIs and integrations that facilitate online transactions, automate electronic funds transfers, and manage recurring payments, making it easier for businesses to handle their payment processes efficiently and securely.

Qoala

Series A in 2020
Qoala is an InsureTech company based in Jakarta Selatan, Indonesia, founded in 2018. The company specializes in providing online insurance services that cover flight and train delays, phone screen damages, and e-commerce logistics. By utilizing big data, machine learning, IoT, and blockchain technology, Qoala aims to transform the insurance industry in Indonesia. It collaborates with major e-commerce and travel platforms to offer unique and innovative insurance products, thereby enhancing the customer experience.

Airwallex

Series D in 2020
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Yuntongxun

Series D in 2019
Beijing Ronglian Yitong Information Technology Co., Ltd, established in 2009, is the first and also the largest open platform that provides full communication capability. Cloud communications by the professional communication capabilities packaged into API interface for web, desktop and mobile applications can easily embed calls, conferencing, call center, SMS /intelligent call, mobile IM functions.

UrbanPiper

Series A in 2019
UrbanPiper provides a comprehensive restaurant management platform aimed at simplifying order management and enhancing customer service for restaurants. The platform allows restaurants to onboard easily and set up automations for their online business across food aggregator apps while also enabling them to create their own direct ordering systems. It includes a suite of tools for managing online orders, centralized menu control, inventory tracking, and access to operational and sales data through a user-friendly dashboard. Additionally, UrbanPiper's solutions extend to in-store operations, allowing restaurants to manage individual locations or entire chains efficiently, thereby improving operational efficiency and customer satisfaction.

StreamNative

Seed Round in 2019
StreamNative offers an event streaming platform based on Apache Pulsar that enables companies to access enterprise data as real-time streams. Apache Pulsar acts as a real-time, fault-time, highly scalable and unified event streaming platform. It is widely adopted by many companies globally, from internet giants, gaming companies, IoT companies, financial institutes to many other enterprises. Unliked other legacy pubsub messaging system, Pulsar was born and developed for Cloud. Its architectural advantages and cloud-native design principles make it able to make high volume data available as an infinite real-time stream for consumption. The infinite real-time stream provides a unified view for both historic and real-time data. The infrastructure lets you build around a single central nervous system transmitting, storing and processing messages for the different systems and applications within your organization. By leveraging the Apache Pulsar technology, StreamNative Platform enables the leaders in industries such as gaming, financial services, blockchain, retail, logistics, manufacturing, media and IoT, move data from isolated legacy systems into one real-time event streaming platform where they can act on immediately. StreamNative was started by a team of Apache Pulsar and Apache BookKeeper PMC members, committers and contributors, who believe in event streams are the right foundation for enterprise data. Many of the team members have been working on Apache Pulsar for years, and have helped the leading internet giants successfully run Pulsar at scale. StreamNative is based in San Francisco, California. It also have offices in Beijing, Shanghai and Shenzhen in China.

Yaoyanshe

Series C in 2019
Yaoyanshe is a Shanghai-based company established in 2012 that operates a technology platform focused on the pharmaceutical research and development industry. It develops an application that facilitates value sharing and trading, providing patients with up-to-date information on treatments and drugs. The platform also supports industry professionals by offering services such as clinical monitoring, project management, biostatistics, and pharmacovigilance. Additionally, it includes features for credit assessments and research project competition analysis, aiming to address critical challenges in the sector and enhance the effectiveness of pharmaceutical R&D. Through its comprehensive database, Yaoyanshe enables medical professionals and patients to access vital healthcare information efficiently.

Razorpay

Series C in 2019
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive suite of products. The platform supports a variety of payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets such as JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money, and PayZapp. Razorpay also offers APIs and integrations that facilitate online transactions, automate electronic funds transfers, and manage recurring payments, making it easier for businesses to handle their payment processes efficiently and securely.

Blackbuck

Series D in 2019
Blackbuck, founded in 2015, is a leading online platform in India that connects shippers with truck operators, transforming the logistics landscape through technology. The company focuses on streamlining the trucking process by facilitating load bookings, offering price discovery, route optimization, and in-transit tracking. This comprehensive approach not only enhances operational efficiency for shippers and truckers but also supports the livelihoods of many individuals within the transportation ecosystem. Blackbuck's commitment to reliability and efficiency has positioned it as the largest trucking network in India, backed by a strong team and notable investors. The company has received multiple accolades, including the 'Young Turks Startup of the Year' award and recognition as 'Company of the Year - Logistics' in 2018. Additionally, Blackbuck's innovative business model has been featured in a Harvard Business School case study.

Airwallex

Series C in 2019
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Band Protocol

Seed Round in 2019
Band Protocol is a decentralized blockchain protocol that serves as a cross-chain data oracle platform, designed to connect real-world data and APIs with smart contracts. Founded in 2017 and based in Tortola, British Virgin Islands, it addresses the challenge of blockchains being unable to securely access external data. By providing reliable data access without central points of failure, Band Protocol enhances the functionality of smart contracts, facilitating the development of decentralized applications such as decentralized finance (DeFi), prediction markets, and gaming. The platform enables the creation of tokenized marketplaces and supports the introduction of both real-world products and new digital assets, including rare digital collectibles.

Shannon.ai

Series A in 2018
Shannon.ai is an artificial intelligence company based in Beijing, China, focused on serving the financial sector. The company operates a platform that utilizes advanced AI algorithms to analyze, extract, and integrate vast amounts of financial information. It advocates for a natural language-based information interaction model, enabling investors to access relevant data in a more intuitive, timely, and accurate manner. This approach allows business clients and analysts to quickly understand the rapid changes in financial markets, providing them with enhanced speed, broader coverage, and deeper insights into the information landscape.

Airwallex

Series B in 2018
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Capillary Technologies

Series D in 2018
Capillary Technologies Pvt Ltd. specializes in cloud-based software solutions designed for retail marketers to effectively manage and analyze customer data. The company provides an Intelligent Customer Engagement suite that enables retailers to engage with their customers through personalized communication and insights derived from customer profiles. Its offerings include a Customer Engagement Management platform, Campaign Manager for marketing automation, Lifecycle Marketer for milestone-based offers, and Loyalty Manager for managing loyalty programs. Additionally, Capillary features tools such as Instore Marketer, E-Commerce Marketer, Mobile Marketer for SMS campaigns, and Social Connect for integrating insights from various channels. Serving over 300 brands across more than 30 countries, including notable names like Pizza Hut and Starbucks, Capillary Technologies has established itself as a leader in the SaaS space in Asia. Founded in 2008 and headquartered in Bengaluru, the company operates globally with additional offices in the United States, the United Kingdom, the Middle East, South Africa, and the Asia-Pacific region.

Yuntongxun

Series C in 2016
Beijing Ronglian Yitong Information Technology Co., Ltd, established in 2009, is the first and also the largest open platform that provides full communication capability. Cloud communications by the professional communication capabilities packaged into API interface for web, desktop and mobile applications can easily embed calls, conferencing, call center, SMS /intelligent call, mobile IM functions.

Ping++

Series B in 2016
Ping++ is a provider of mobile payment SDKs and comprehensive mobile payment services that facilitate access to various payment and transaction channels. The company offers a streamlined aggregation payment cloud platform designed to simplify the integration process between businesses and mobile payment solutions. Its services include daily transaction management, audit reconciliation, and data analysis, all within a unified management system. By allowing businesses to optimize payment experiences for different consumer groups and improve order conversion rates, Ping++ helps clients effectively navigate the complexities of mobile payments. A dedicated customer success team supports clients in developing tailored payment solutions to meet their specific needs.

Capillary Technologies

Series C in 2015
Capillary Technologies Pvt Ltd. specializes in cloud-based software solutions designed for retail marketers to effectively manage and analyze customer data. The company provides an Intelligent Customer Engagement suite that enables retailers to engage with their customers through personalized communication and insights derived from customer profiles. Its offerings include a Customer Engagement Management platform, Campaign Manager for marketing automation, Lifecycle Marketer for milestone-based offers, and Loyalty Manager for managing loyalty programs. Additionally, Capillary features tools such as Instore Marketer, E-Commerce Marketer, Mobile Marketer for SMS campaigns, and Social Connect for integrating insights from various channels. Serving over 300 brands across more than 30 countries, including notable names like Pizza Hut and Starbucks, Capillary Technologies has established itself as a leader in the SaaS space in Asia. Founded in 2008 and headquartered in Bengaluru, the company operates globally with additional offices in the United States, the United Kingdom, the Middle East, South Africa, and the Asia-Pacific region.

Easemob

Series B in 2015
Easemob Technologies is a Beijing-based company that specializes in providing a PaaS platform for software developers. Founded in 2013 by Ji Fang, Jervis Liu, Strong Liu, and Johnson Ma, the company enables developers to integrate instant messaging, voice, and data services into their applications. Easemob offers open API and SDK packages that support Android, iOS, and web platforms, allowing for seamless incorporation of mobile messaging capabilities into various apps. By focusing on enterprise-level solutions, Easemob aims to enhance communication features for developers and their users.

Cheyipai

Series D in 2015
Cheyipai is a private e-commerce company based in Beijing, China, specializing in the online sale of used vehicles. Founded in 2009 by Wang Tiezhong and Yang Xuejian, Cheyipai operates an online-to-offline (O2O) model that facilitates the complete transaction process for buyers and sellers. The company also develops auction and trading platforms tailored for the automotive sector, offering a range of services including new and used car sales, financial technology, insurance, marketing, and business digital transformation solutions. As of April 3, 2018, Cheyipai functions as a subsidiary of Souche.com.

Easemob

Series A in 2014
Easemob Technologies is a Beijing-based company that specializes in providing a PaaS platform for software developers. Founded in 2013 by Ji Fang, Jervis Liu, Strong Liu, and Johnson Ma, the company enables developers to integrate instant messaging, voice, and data services into their applications. Easemob offers open API and SDK packages that support Android, iOS, and web platforms, allowing for seamless incorporation of mobile messaging capabilities into various apps. By focusing on enterprise-level solutions, Easemob aims to enhance communication features for developers and their users.

Capillary Technologies

Series B in 2014
Capillary Technologies Pvt Ltd. specializes in cloud-based software solutions designed for retail marketers to effectively manage and analyze customer data. The company provides an Intelligent Customer Engagement suite that enables retailers to engage with their customers through personalized communication and insights derived from customer profiles. Its offerings include a Customer Engagement Management platform, Campaign Manager for marketing automation, Lifecycle Marketer for milestone-based offers, and Loyalty Manager for managing loyalty programs. Additionally, Capillary features tools such as Instore Marketer, E-Commerce Marketer, Mobile Marketer for SMS campaigns, and Social Connect for integrating insights from various channels. Serving over 300 brands across more than 30 countries, including notable names like Pizza Hut and Starbucks, Capillary Technologies has established itself as a leader in the SaaS space in Asia. Founded in 2008 and headquartered in Bengaluru, the company operates globally with additional offices in the United States, the United Kingdom, the Middle East, South Africa, and the Asia-Pacific region.

Cheyipai

Series C in 2014
Cheyipai is a private e-commerce company based in Beijing, China, specializing in the online sale of used vehicles. Founded in 2009 by Wang Tiezhong and Yang Xuejian, Cheyipai operates an online-to-offline (O2O) model that facilitates the complete transaction process for buyers and sellers. The company also develops auction and trading platforms tailored for the automotive sector, offering a range of services including new and used car sales, financial technology, insurance, marketing, and business digital transformation solutions. As of April 3, 2018, Cheyipai functions as a subsidiary of Souche.com.

Yuntongxun

Series A in 2013
Beijing Ronglian Yitong Information Technology Co., Ltd, established in 2009, is the first and also the largest open platform that provides full communication capability. Cloud communications by the professional communication capabilities packaged into API interface for web, desktop and mobile applications can easily embed calls, conferencing, call center, SMS /intelligent call, mobile IM functions.

Capillary Technologies

Series A in 2012
Capillary Technologies Pvt Ltd. specializes in cloud-based software solutions designed for retail marketers to effectively manage and analyze customer data. The company provides an Intelligent Customer Engagement suite that enables retailers to engage with their customers through personalized communication and insights derived from customer profiles. Its offerings include a Customer Engagement Management platform, Campaign Manager for marketing automation, Lifecycle Marketer for milestone-based offers, and Loyalty Manager for managing loyalty programs. Additionally, Capillary features tools such as Instore Marketer, E-Commerce Marketer, Mobile Marketer for SMS campaigns, and Social Connect for integrating insights from various channels. Serving over 300 brands across more than 30 countries, including notable names like Pizza Hut and Starbucks, Capillary Technologies has established itself as a leader in the SaaS space in Asia. Founded in 2008 and headquartered in Bengaluru, the company operates globally with additional offices in the United States, the United Kingdom, the Middle East, South Africa, and the Asia-Pacific region.

IMImobile

Venture Round in 2009
IMImobile is a cloud communications software and solutions provider that enables companies to use mobile and digital technologies to improve and automate customer experience and engagement. IMImobile’s cloud software platform manages over 42 billion messages and 44 billion commerce transactions a year across the world. Organisations that trust us to deliver smarter digital customer engagement include Centrica, AA, O2, EE, BT, Foxtons, Pizza Hut, Vodafone, AT&T, MTN, three of the major retail banks in the UK and public sector organisations in India, US and the UK. IMImobile is headquartered in London with offices in Hyderabad, Little Rock, Toronto, Dubai and Johannesburg and has over 1,100 employees worldwide.

Pine Labs

Seed Round in 2009
Pine Labs operates a merchant platform that provides technology and financial solutions aimed at enhancing revenue for merchants while minimizing costs, complexity, and risk. The company connects financial institutions and consumer brands, facilitating both offline and online retail transactions. Pine Labs powers over 350,000 point-of-sale terminals across more than 3,700 cities and towns in India and Malaysia, serving over 100,000 merchants in various sectors, including electronics, food and beverage, and fashion. Its platform also offers customer insights to drive targeted sales and streamline payment acceptance through features like easy monthly installments (EMI) across multiple banks and product categories. Additionally, Pine Labs collaborates with 15 major banks, seven financial institutions, and more than 100 brands to enhance the retail experience for both merchants and consumers.

Followap

Series C in 2005
Followap was the leading provider and pioneer of mobile Messenger - Instant Messaging and Presence solutions to the mobile industry. It was founded and managed by Dan Volach and Ben Volach when mobile Internet was just born. By the time it was acquired, it had over 20 mobile operators many of them tier-ones, serving a combined user base of over 200 million subscribers. Followap’s products enabled operators to establish advanced, interoperable mobile Messenger and presence-enhanced services, which were key for next-generation networks. Followap held numerous patents and was actively contributing to industry standardization efforts in forums including OMA, XMPP, IETF, 3GPP and the GSM Association. Followap cooperated with device manufacturers including Samsung, Nokia and LG. Followap has launched the first commercial mobile Messenger service in the year 2000 in partnership with Eircell, Ireland's largest mobile network. Other key customers of Followap included the Vodafone Group, Hutchison 3G Group, BT Group, Turkcell, Telecom Italia, Wind and Vimpelcom. The mobile Messenger which Followap pioneered evolved into extremely popular services following the introduction of the iPhone and App stores for wide-market distribution. These include Whatsapp, Line, QQ, WeChat and KakaoTalk. Its interconnect products included Interconnectivity, an important GSMA initiative for mobile operators, for the global adoption of instant messaging, across networks, and mobile phones. The company was founded in 1999 and was headquartered in London, the United Kingdom with offices in Europe, the United States and Asia.

Followap

Series C in 2005
Followap was the leading provider and pioneer of mobile Messenger - Instant Messaging and Presence solutions to the mobile industry. It was founded and managed by Dan Volach and Ben Volach when mobile Internet was just born. By the time it was acquired, it had over 20 mobile operators many of them tier-ones, serving a combined user base of over 200 million subscribers. Followap’s products enabled operators to establish advanced, interoperable mobile Messenger and presence-enhanced services, which were key for next-generation networks. Followap held numerous patents and was actively contributing to industry standardization efforts in forums including OMA, XMPP, IETF, 3GPP and the GSM Association. Followap cooperated with device manufacturers including Samsung, Nokia and LG. Followap has launched the first commercial mobile Messenger service in the year 2000 in partnership with Eircell, Ireland's largest mobile network. Other key customers of Followap included the Vodafone Group, Hutchison 3G Group, BT Group, Turkcell, Telecom Italia, Wind and Vimpelcom. The mobile Messenger which Followap pioneered evolved into extremely popular services following the introduction of the iPhone and App stores for wide-market distribution. These include Whatsapp, Line, QQ, WeChat and KakaoTalk. Its interconnect products included Interconnectivity, an important GSMA initiative for mobile operators, for the global adoption of instant messaging, across networks, and mobile phones. The company was founded in 1999 and was headquartered in London, the United Kingdom with offices in Europe, the United States and Asia.
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