HSG, formerly known as Sequoia Capital China, is a global venture capital and private equity firm, managing over USD 55 billion across various funds. Established in 2005, HSG invests in technology, healthcare, and consumer sectors, with a focus on seed, venture, growth, buyout, and infrastructure stages. The firm has backed over 1,500 companies, with more than 160 listed on public exchanges and over 140 achieving unicorn status. HSG operates globally, with offices in Hong Kong, Shanghai, Beijing, Shenzhen, London, Tokyo, and Singapore, providing extensive resources and industry expertise to its portfolio companies.
2800 Sand Hill Road, Suite 101 Menlo Park, California 94025, USA
Room 3606 China Central Place Tower 3 77 Jianguo Road Chaoyang District Beijing 100025, China
6th Floor, East Wing, Block B, Divyasree Technopolis, Off HAL Airport Road, Yemalur, Kadubeesanahalli, Bengaluru, Karnataka 560037, India
Rohit Agarwal
Managing Director
Wang Chenyu
Vice President
Sakshi Chopra
Managing Director
Raghavv Garg
Analyst
Amit Jain
Managing Director
Pushpak Kedia
Vice President
Sunint Khurana
Analyst
Cherry Lu
Partner
Ishaan Mittal
Managing Director
Saksham Mittal
Analyst
Abhishek Mohan
Principal
Javier Ng
Associate
Enita Pu
Partner
Wendy Qian
Analyst
Haim Sadger
Partner
Harshjit Sethi
Managing Director
Yoav Shaked
Partner
Johan Surani
Vice President
Vedant Trivedi
Associate
Aradhita Tuli
Investment Analyst
Pavel Vyhnalek
Operating Partner
Fu Xin
Partner
Past deals in Catering
Sweet Karam Coffee
Series A in 2025
Sweet Karam Coffee is an online food store dedicated to offering a range of traditional Indian delicacies that evoke the flavors and memories of grandmothers' kitchens. The company specializes in a variety of homemade food products, including sweets, snacks, instant mixes, and pickles, all crafted with care by a network of home chefs. Their offerings include items such as Avakkai, Elai Vadam, Badusha, Kai Murukku, and Paruppu Podi, which aim to provide customers with authentic and wholesome homemade food. By focusing on traditional recipes and quality ingredients, Sweet Karam Coffee seeks to connect consumers with the nostalgic tastes of their heritage while promoting a healthier approach to food.
PuduTech
Series C in 2021
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.
PuduTech
Series C in 2021
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.
Yonghui Fresh Food
Series B in 2020
Yonghui Fresh Food operates as a supply chain integration platform specializing in fresh food and agricultural products. The company focuses on delivering timely supply chain services to a diverse range of customers, addressing their various purchasing needs. By streamlining food management and supply chain processes, Yonghui Fresh Food supports enterprises within the food industry, ensuring efficient access to fresh products.
PuduTech
Series B in 2020
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.
Shuhai Supply Chain
Series B in 2019
Shuhai Supply Chain Logistics is a leading supply chain service provider based in Beijing, China, established in June 2011. The company specializes in offering comprehensive supply chain solutions tailored for the food industry, particularly catering businesses. Its services encompass sales, procurement, production, quality assurance, warehousing, and transportation, ensuring that restaurant owners receive fresh and high-quality ingredients. Shuhai operates a nationwide modern cold chain logistics network and food processing plants, which positions it as a benchmark enterprise in the supply chain sector, recognized by both industry authorities and customers for its commitment to quality and reliability.
Yonghui Fresh Food
Series A in 2018
Yonghui Fresh Food operates as a supply chain integration platform specializing in fresh food and agricultural products. The company focuses on delivering timely supply chain services to a diverse range of customers, addressing their various purchasing needs. By streamlining food management and supply chain processes, Yonghui Fresh Food supports enterprises within the food industry, ensuring efficient access to fresh products.
Shiheng
Series B in 2018
Shiheng Inc. is an online catering management service provider based in Shanghai, China. The company employs over 500 individuals and serves more than 300 well-known restaurant chains and single-store brands, with a presence in over 100 cities. Shiheng offers a comprehensive catering management system that includes e-commerce services, covering aspects from food design to digital marketing and enterprise resource planning. This system enables users, particularly franchisers with up to ten thousand stores, to enhance their management efficiency in an increasingly digital landscape.
Acewill
Series C in 2018
Acewill is a Software-as-a-Service (SaaS) provider focused on the catering industry. The company develops a comprehensive platform that offers various solutions, including cashier systems, digital marketing services, finance management, chain logistics systems, and supply chain management. By leveraging its technology, Acewill aims to help restaurants enhance their operational efficiency and profitability.
Shiheng
Series A in 2018
Shiheng Inc. is an online catering management service provider based in Shanghai, China. The company employs over 500 individuals and serves more than 300 well-known restaurant chains and single-store brands, with a presence in over 100 cities. Shiheng offers a comprehensive catering management system that includes e-commerce services, covering aspects from food design to digital marketing and enterprise resource planning. This system enables users, particularly franchisers with up to ten thousand stores, to enhance their management efficiency in an increasingly digital landscape.
Xingbianli
Series A in 2017
Xingbianli is a company that specializes in operating checkout-free convenience stores, with a particular focus on placing snack bars in offices. These snack bars offer a variety of items such as drinks, biscuits, and instant noodles, catering primarily to office workers. The company emphasizes convenience and speed, allowing customers to pay via mobile payment options like WeChat Pay and Alipay. Xingbianli's business model revolves around providing self-service solutions that enable quick and easy access to snacks and beverages in workplace settings.
Acewill
Series B in 2015
Acewill is a Software-as-a-Service (SaaS) provider focused on the catering industry. The company develops a comprehensive platform that offers various solutions, including cashier systems, digital marketing services, finance management, chain logistics systems, and supply chain management. By leveraging its technology, Acewill aims to help restaurants enhance their operational efficiency and profitability.
Acewill
Series A in 2014
Acewill is a Software-as-a-Service (SaaS) provider focused on the catering industry. The company develops a comprehensive platform that offers various solutions, including cashier systems, digital marketing services, finance management, chain logistics systems, and supply chain management. By leveraging its technology, Acewill aims to help restaurants enhance their operational efficiency and profitability.
Line0
Series A in 2014
Line0 is a food delivery company based in Nanjing, specializing in on-demand services primarily for affordable franchise restaurants. The company guarantees fast delivery, ensuring that meals such as noodles or Whoppers reach customers' doors within one hour. Operating in five cities—Nanjing, Shanghai, Shenzhen, Suzhou, and Wuhan—Line0 utilizes its own fleet of delivery drivers to facilitate online food orders from local providers. In addition to standard meal deliveries, the platform also offers catering services, enhancing its range of food delivery options for consumers.
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