HSG

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.

Rohit Agarwal

Managing Director

Mohit Bhatnagar

Managing Director

Wang Chenyu

Vice President

Sakshi Chopra

Managing Director

Raghavv Garg

Analyst

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

Yoav Shaked

Partner

Johan Surani

Vice President

Vedant Trivedi

Associate

Aradhita Tuli

Investment Analyst

Pavel Vyhnalek

Operating Partner

Fu Xin

Partner

Past deals in Marketplace

Ambak

Seed Round in 2025
Ambak is a business-to-business lending marketplace that specializes in providing home loans and loans against property. The company has developed a digital platform aimed at streamlining loan processes, making it easier for customers to access flexible financing options. By focusing on the needs of businesses, Ambak enhances the accessibility and efficiency of obtaining loans for real estate purposes.

Ambak

Seed Round in 2024
Ambak is a business-to-business lending marketplace that specializes in providing home loans and loans against property. The company has developed a digital platform aimed at streamlining loan processes, making it easier for customers to access flexible financing options. By focusing on the needs of businesses, Ambak enhances the accessibility and efficiency of obtaining loans for real estate purposes.

Variational Research

Seed Round in 2024
Variational is a decentralized liquidity network that facilitates the trading and clearing of bilateral derivatives through automation. It operates as a global algorithmic market maker, focusing on digital assets and collaborating with decentralized finance protocols as well as traditional financial institutions and fintech companies. The firm specializes in developing quantitative systematic strategies, which enable clients to access liquidity in both traditional and decentralized derivatives markets. This innovative approach aims to streamline the trading process and enhance liquidity for its partners.

Kargo Technologies

Series A in 2024
Kargo Technologies is an online logistics platform based in Jakarta, Indonesia, that connects retail, e-commerce, and commercial sector shippers with truck fleets across the Indonesian archipelago. Founded in 2018, the company operates a freight logistics marketplace that enables shippers, transporters, and truckers to connect and conduct transactions efficiently. Through its website and mobile app, Kargo Technologies offers real-time shipment tracking and the ability to expand business networks, ultimately increasing revenue for its users. By digitizing freight matching and eliminating intermediaries, Kargo Technologies enhances the efficiency of supply chains in the region.

Xiaohongshu

Secondary Market in 2024
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.

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.

Xiaohongshu

Secondary Market in 2023
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.

Micro Connect

Series C in 2023
Micro Connect is a financial market platform that specializes in connecting global capital with China's micro and small businesses. The company focuses on enhancing liquidity in small business investments by providing professional investors with a new alternative to traditional impact investing. Micro Connect introduces Daily Revenue Obligations (DROs), an innovative asset class that allows investors to gain direct and diversified exposure to the daily cash flows of numerous retail establishments within China's dynamic consumer market. By facilitating access to capital for business owners, Micro Connect aims to create a more affordable financial ecosystem, while also offering structured product solutions and operating a licensed exchange.

SHEIN

Venture Round in 2023
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

MoHash

Seed Round in 2022
MoHash is a decentralized finance (DeFi) protocol that leverages crypto assets, particularly stablecoins, to facilitate access to global capital and liquidity for private debt in rapidly expanding economies. The protocol allows investors to earn sustainable and scalable high yields by issuing a fungible token, which represents a claim on a diversified pool of risk-managed and financially regulated debt instruments. This approach aims to safeguard investors' interests while enabling them to capitalize on emerging markets undergoing technological advancements in financial services. Through its innovative model, MoHash seeks to provide a pathway for higher returns in the evolving landscape of decentralized finance.

SHEIN

Series F in 2022
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

Micro Connect

Series B in 2022
Micro Connect is a financial market platform that specializes in connecting global capital with China's micro and small businesses. The company focuses on enhancing liquidity in small business investments by providing professional investors with a new alternative to traditional impact investing. Micro Connect introduces Daily Revenue Obligations (DROs), an innovative asset class that allows investors to gain direct and diversified exposure to the daily cash flows of numerous retail establishments within China's dynamic consumer market. By facilitating access to capital for business owners, Micro Connect aims to create a more affordable financial ecosystem, while also offering structured product solutions and operating a licensed exchange.

Modalku

Series C in 2022
Modalku is an online marketplace based in Jakarta, Indonesia for small businesses to acquire loans and for lenders to fund small business loans to earn compelling returns. Its technology-based approach enables borrowers to receive loans for the first time or at lower than market rates, while lenders will earn returns well above that of bank deposits, traditional fixed income products, and life insurance investment-linked products. This marketplace lending model is proven in countries such as USA, UK, China & Singapore.

Funding Societies

Series C in 2022
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.

Rino

Pre Seed Round in 2022
Rino operates a quick commerce platform that enhances urban retail by providing rapid delivery of a wide range of products, including snacks, personal care items, and household goods. The company focuses on modernizing the shopping experience by utilizing a logistics infrastructure that features dark stores, which are dedicated solely to fulfilling customer orders. This approach allows Rino to deliver groceries and other essentials to customers within minutes, catering to their needs whenever and wherever they arise.

Purplle

Series D in 2022
Purplle is an online marketplace based in Mumbai, India, that specializes in cosmetics, skincare, hair care, fragrances, and personal hygiene products. Founded in 2011, the company offers a diverse range of beauty and wellness items, catering to individual preferences related to skin and hair types. Purplle's platform aims to enhance the shopping experience by providing personalized recommendations and a curated selection of products from various brands. Through its focus on customer needs, Purplle has established itself as a significant player in the beauty e-commerce sector.

J&T Express

Private Equity Round in 2021
J&T Express is a logistics service provider founded in 2015 and headquartered in Jakarta, Indonesia. The company specializes in express delivery and courier services, primarily supporting the growth of the e-commerce sector. J&T Express operates in 13 countries across Southeast Asia, positioning itself as a leader in the region's express delivery market. By utilizing automated sorting warehouses in Indonesia and Singapore, J&T Express enhances operational efficiency and speed. The company caters to major e-commerce platforms, facilitating their expansion into new markets and contributing to the rapid development of its partners.

Purplle

Series E in 2021
Purplle is an online marketplace based in Mumbai, India, that specializes in cosmetics, skincare, hair care, fragrances, and personal hygiene products. Founded in 2011, the company offers a diverse range of beauty and wellness items, catering to individual preferences related to skin and hair types. Purplle's platform aims to enhance the shopping experience by providing personalized recommendations and a curated selection of products from various brands. Through its focus on customer needs, Purplle has established itself as a significant player in the beauty e-commerce sector.

DeHaat

Series D in 2021
DeHaat is a technology-driven platform dedicated to providing comprehensive agricultural services to small farmers in India, aiming to enhance the efficiency of the agricultural value chain. The company connects farmers with essential resources, including seeds, fertilizers, and equipment, through a network of trained micro-entrepreneurs. Registered farmers benefit from direct access to competitive agricultural inputs and receive personalized crop advisory services and monitoring support in their local language. Additionally, DeHaat facilitates the sale of farm produce to institutional buyers, ensuring farmers can reach markets effectively. Farmers can communicate their needs for agricultural inputs or services through a toll-free number or mobile application, receiving last-mile assistance from assigned micro-entrepreneurs. By leveraging artificial intelligence-enabled technologies, DeHaat seeks to optimize supply chain and production efficiency, ultimately supporting farmers in increasing their revenue throughout the year.

Porter

Series E in 2021
Porter is an end-to-end logistics platform that focuses on optimizing last-mile delivery operations for businesses. Established in 2014 and headquartered in Bangalore, Karnataka, the company addresses inefficiencies in the last-mile logistics sector, allowing businesses to transport goods on-demand. Porter operates an online marketplace where businesses can book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables users to access reliable and cost-effective transportation options while providing real-time ride tracking. Currently, Porter has serviced over 5 million customers across 12 cities in India, including major urban centers like Mumbai, Delhi, and Bangalore.

Animoca Brands

Venture Round in 2021
Animoca Brands, established in 2019 and headquartered in the Cayman Islands, is a venture capital firm focused on the technology sector. It invests in and supports creators who leverage web3 and blockchain technologies to drive digital property rights to gamers and internet users through non-fungible tokens (NFTs). The company develops and markets a portfolio of mobile applications, games, and educational products, utilizing gamification and blockchain to ensure transparency, security, and innovative business models.

Ula

Series B in 2021
Ula is a technology-driven distribution and credit marketplace application that focuses on supporting micro, small, and medium enterprises in Indonesia. Founded in 2020 and headquartered in Jakarta, with additional offices in Bengaluru and Singapore, Ula provides a B2B marketplace designed specifically for small retailers. The platform enables these retailers to access a diverse range of products at competitive prices while managing their inventory and supply chain more effectively. Ula offers favorable payment terms and working capital solutions, allowing store owners to stock only the inventory they need and ultimately enhance their profitability. By leveraging technology, Ula addresses key challenges in traditional retail, ensuring that small businesses can thrive in a rapidly evolving digital marketplace.

ShopUp

Series B in 2021
ShopUp is a Bangladesh-based technology company that operates a full-stack B2B commerce platform, designed specifically for small businesses. The platform provides these businesses with easy access to B2B sourcing, last-mile logistics, and buy-now-pay-later (BNPL) solutions. Headquartered in Dhaka, ShopUp aims to empower small businesses by offering them digital credit and business management tools, enabling them to access a wide range of products and services tailored to their needs.

Zetwerk

Series E in 2021
Zetwerk is an end-to-end manufacturing supply chain solutions provider based in Bengaluru, Karnataka, India. Founded in 2018, the company operates an online marketplace that connects large manufacturing firms with vendors and suppliers for customized products, including crane parts, machine chassis, doors, and ladders. Zetwerk specializes in various manufacturing services such as die casting, sand casting, investment casting, and fabrication, allowing businesses to efficiently meet their requirements for customized components and assemblies. The platform offers collaboration and execution tools that facilitate interactions between buyers and suppliers, ensuring seamless order fulfillment. By leveraging a nationwide network of manufacturing facilities, Zetwerk enables clients to procure custom products tailored to their budget and timelines, while also supporting suppliers in expanding their order volume and revenue.

Heads Up For Tails

Series A in 2021
Heads Up For Tails is an online marketplace based in New Delhi, India, specializing in a wide range of products for pets, primarily dogs and cats. The company offers an extensive selection of items including clothes, collars, leashes, grooming products, bowls, feeders, bedding, medicine, food, toys, and accessories for dogs. Additionally, it provides products for cats such as litter, collars, food, toys, beds, crates, furniture, scratchers, bowls, and shampoos. Heads Up For Tails also features personalized products and training aids, aiming to make it convenient for pet owners to find all necessary items for their pets in one place.

GudangAda

Series B in 2021
GudangAda is a business-to-business marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The platform connects key stakeholders, including principals, distributors, wholesalers, and retailers, by providing an end-to-end digital solution that facilitates online transactions. It enables users to conduct both small and bulk transactions, allowing them to operate as both sellers and buyers. Additionally, GudangAda offers logistics services, merchant solutions, and financial services, enhancing efficiency and accessibility within the supply chain. By streamlining interactions among traders, the platform aims to improve turnover rates, reduce costs, and expand customer reach.

Chehaoduo

Series E in 2021
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Micro Connect

Series A in 2021
Micro Connect is a financial market platform that specializes in connecting global capital with China's micro and small businesses. The company focuses on enhancing liquidity in small business investments by providing professional investors with a new alternative to traditional impact investing. Micro Connect introduces Daily Revenue Obligations (DROs), an innovative asset class that allows investors to gain direct and diversified exposure to the daily cash flows of numerous retail establishments within China's dynamic consumer market. By facilitating access to capital for business owners, Micro Connect aims to create a more affordable financial ecosystem, while also offering structured product solutions and operating a licensed exchange.

J&T Express

Private Equity Round in 2021
J&T Express is a logistics service provider founded in 2015 and headquartered in Jakarta, Indonesia. The company specializes in express delivery and courier services, primarily supporting the growth of the e-commerce sector. J&T Express operates in 13 countries across Southeast Asia, positioning itself as a leader in the region's express delivery market. By utilizing automated sorting warehouses in Indonesia and Singapore, J&T Express enhances operational efficiency and speed. The company caters to major e-commerce platforms, facilitating their expansion into new markets and contributing to the rapid development of its partners.

Purplle

Series D in 2021
Purplle is an online marketplace based in Mumbai, India, that specializes in cosmetics, skincare, hair care, fragrances, and personal hygiene products. Founded in 2011, the company offers a diverse range of beauty and wellness items, catering to individual preferences related to skin and hair types. Purplle's platform aims to enhance the shopping experience by providing personalized recommendations and a curated selection of products from various brands. Through its focus on customer needs, Purplle has established itself as a significant player in the beauty e-commerce sector.

Probo

Seed Round in 2021
Probo is an opinion sharing and trading platform that facilitates the exchange of predictions regarding future events across various topics, including finance, sports, entertainment, and news. The platform allows users to share their viewpoints and engage in discussions, rewarding participants for their contributions. By enabling individuals with differing opinions to trade their insights at mutually agreed prices, Probo creates a dynamic environment for idea-sharing and opinion trading. This innovative approach not only fosters diverse perspectives but also allows users to monetize their opinions.

Zetwerk

Series D in 2021
Zetwerk is an end-to-end manufacturing supply chain solutions provider based in Bengaluru, Karnataka, India. Founded in 2018, the company operates an online marketplace that connects large manufacturing firms with vendors and suppliers for customized products, including crane parts, machine chassis, doors, and ladders. Zetwerk specializes in various manufacturing services such as die casting, sand casting, investment casting, and fabrication, allowing businesses to efficiently meet their requirements for customized components and assemblies. The platform offers collaboration and execution tools that facilitate interactions between buyers and suppliers, ensuring seamless order fulfillment. By leveraging a nationwide network of manufacturing facilities, Zetwerk enables clients to procure custom products tailored to their budget and timelines, while also supporting suppliers in expanding their order volume and revenue.

Ula

Series A in 2021
Ula is a technology-driven distribution and credit marketplace application that focuses on supporting micro, small, and medium enterprises in Indonesia. Founded in 2020 and headquartered in Jakarta, with additional offices in Bengaluru and Singapore, Ula provides a B2B marketplace designed specifically for small retailers. The platform enables these retailers to access a diverse range of products at competitive prices while managing their inventory and supply chain more effectively. Ula offers favorable payment terms and working capital solutions, allowing store owners to stock only the inventory they need and ultimately enhance their profitability. By leveraging technology, Ula addresses key challenges in traditional retail, ensuring that small businesses can thrive in a rapidly evolving digital marketplace.

DeHaat

Series C in 2021
DeHaat is a technology-driven platform dedicated to providing comprehensive agricultural services to small farmers in India, aiming to enhance the efficiency of the agricultural value chain. The company connects farmers with essential resources, including seeds, fertilizers, and equipment, through a network of trained micro-entrepreneurs. Registered farmers benefit from direct access to competitive agricultural inputs and receive personalized crop advisory services and monitoring support in their local language. Additionally, DeHaat facilitates the sale of farm produce to institutional buyers, ensuring farmers can reach markets effectively. Farmers can communicate their needs for agricultural inputs or services through a toll-free number or mobile application, receiving last-mile assistance from assigned micro-entrepreneurs. By leveraging artificial intelligence-enabled technologies, DeHaat seeks to optimize supply chain and production efficiency, ultimately supporting farmers in increasing their revenue throughout the year.

Full Truck Alliance

Venture Round in 2020
Full Truck Alliance is a Chinese company that operates a platform connecting shippers with truckers to facilitate the transportation of goods over various distances and cargo weights. The company provides comprehensive services to both shippers and truckers through its mobile and web platforms. Its primary source of revenue comes from the use of these platforms for freight matching services, as well as additional value-added services. By streamlining the logistics process, Full Truck Alliance aims to enhance efficiency in freight transportation within the region.

Animall

Series A in 2020
Animall is an online platform based in Bangalore, India, that facilitates the buying and selling of dairy cattle. Launched in 2019, it aims to empower millions of dairy farmers by creating efficiencies within the dairy ecosystem through the use of technology and data science. The platform serves as a peer-to-peer marketplace, allowing farmers to trade livestock conveniently from any location, thereby saving time and reducing costs. By leveraging innovative design and technology, Animall seeks to drive a digital transformation in the dairy industry, contributing to what it terms a new digital white revolution.

Turtlemint

Series D in 2020
Turtlemint is an online insurance platform based in Mumbai, Maharashtra, India, that simplifies the process of buying and managing insurance policies. Founded in 2015, the company aims to make insurance accessible and understandable by demystifying complex jargon and providing user-friendly tools. Turtlemint offers a range of insurance products, including car, bike, health, and term life insurance, allowing customers to search, compare, and purchase policies entirely online with just a few clicks. The platform leverages proprietary algorithms and data analytics to provide personalized recommendations, while also offering a network of offline facilitators to assist with the purchase and claims process. This comprehensive approach enables clients to select the right insurance schemes tailored to their needs.

ShopUp

Series A in 2020
ShopUp is a Bangladesh-based technology company that operates a full-stack B2B commerce platform, designed specifically for small businesses. The platform provides these businesses with easy access to B2B sourcing, last-mile logistics, and buy-now-pay-later (BNPL) solutions. Headquartered in Dhaka, ShopUp aims to empower small businesses by offering them digital credit and business management tools, enabling them to access a wide range of products and services tailored to their needs.

Incomlend

Series A in 2020
Incomlend Pte. Ltd operates a lending platform that connects small and medium-sized enterprises (SMEs) with investors, facilitating the funding of export and domestic account receivables. Established in Singapore in 2016, the platform allows businesses to sell individual invoices at a discount to private investors, providing them with immediate cash flow. Incomlend also features a secure and tech-enabled invoice exchange where live trading of invoices occurs across multiple currencies and countries. The company has expanded its services to include the Incomlend Environment, Social and Governance (ESG) Invoice Financing Programme, aimed at linking socially responsible investors with sustainable SMEs. With additional offices in Europe, India, and Southeast Asia, Incomlend serves a diverse clientele, including importers, exporters, investors, and lenders.

Zetwerk

Series C in 2020
Zetwerk is an end-to-end manufacturing supply chain solutions provider based in Bengaluru, Karnataka, India. Founded in 2018, the company operates an online marketplace that connects large manufacturing firms with vendors and suppliers for customized products, including crane parts, machine chassis, doors, and ladders. Zetwerk specializes in various manufacturing services such as die casting, sand casting, investment casting, and fabrication, allowing businesses to efficiently meet their requirements for customized components and assemblies. The platform offers collaboration and execution tools that facilitate interactions between buyers and suppliers, ensuring seamless order fulfillment. By leveraging a nationwide network of manufacturing facilities, Zetwerk enables clients to procure custom products tailored to their budget and timelines, while also supporting suppliers in expanding their order volume and revenue.

Ula

Seed Round in 2020
Ula is a technology-driven distribution and credit marketplace application that focuses on supporting micro, small, and medium enterprises in Indonesia. Founded in 2020 and headquartered in Jakarta, with additional offices in Bengaluru and Singapore, Ula provides a B2B marketplace designed specifically for small retailers. The platform enables these retailers to access a diverse range of products at competitive prices while managing their inventory and supply chain more effectively. Ula offers favorable payment terms and working capital solutions, allowing store owners to stock only the inventory they need and ultimately enhance their profitability. By leveraging technology, Ula addresses key challenges in traditional retail, ensuring that small businesses can thrive in a rapidly evolving digital marketplace.

Chehaoduo

Series D in 2020
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

GudangAda

Series A in 2020
GudangAda is a business-to-business marketplace focused on transforming and digitalizing Indonesia's distribution chain for fast-moving consumer goods. The platform connects key stakeholders, including principals, distributors, wholesalers, and retailers, by providing an end-to-end digital solution that facilitates online transactions. It enables users to conduct both small and bulk transactions, allowing them to operate as both sellers and buyers. Additionally, GudangAda offers logistics services, merchant solutions, and financial services, enhancing efficiency and accessibility within the supply chain. By streamlining interactions among traders, the platform aims to improve turnover rates, reduce costs, and expand customer reach.

POP Mart

Series F in 2020
Pop Mart International Group Ltd is a Chinese company specializing in the design, development, and retail of designer toys, particularly in the pop culture sector. The company has established a comprehensive operational platform that encompasses the entire industry chain of these collectibles. Pop Mart's products are marketed in various regions, including Mainland China, Hong Kong, Macao, Taiwan, and other international markets. The majority of its revenue is derived from retail sales through physical stores, complemented by sales from roboshops, wholesale distribution, and online platforms. Pop Mart is organized into two main segments: operations in Mainland China and operations in Hong Kong, Macao, Taiwan, and overseas markets.

Buymed

Seed Round in 2020
Buymed operates a digital pharmaceuticals distribution platform in Vietnam, known as Thuocsi.vn. Founded in 2018 and based in Ho Chi Minh City, the platform supplies a wide range of healthcare products, including medicines, cosmetics, medical devices, and supplements. It serves over 1,000 pharmacies and clinics across the country, offering detailed product information such as pricing and active ingredients. Additionally, Thuocsi.vn features a communication network that provides important updates, including product recalls. The company is recognized as a successful startup in the medical technology sector, attracting young talent eager to integrate advanced technology into healthcare solutions.

Kargo Technologies

Series A in 2020
Kargo Technologies is an online logistics platform based in Jakarta, Indonesia, that connects retail, e-commerce, and commercial sector shippers with truck fleets across the Indonesian archipelago. Founded in 2018, the company operates a freight logistics marketplace that enables shippers, transporters, and truckers to connect and conduct transactions efficiently. Through its website and mobile app, Kargo Technologies offers real-time shipment tracking and the ability to expand business networks, ultimately increasing revenue for its users. By digitizing freight matching and eliminating intermediaries, Kargo Technologies enhances the efficiency of supply chains in the region.

DeHaat

Series A in 2020
DeHaat is a technology-driven platform dedicated to providing comprehensive agricultural services to small farmers in India, aiming to enhance the efficiency of the agricultural value chain. The company connects farmers with essential resources, including seeds, fertilizers, and equipment, through a network of trained micro-entrepreneurs. Registered farmers benefit from direct access to competitive agricultural inputs and receive personalized crop advisory services and monitoring support in their local language. Additionally, DeHaat facilitates the sale of farm produce to institutional buyers, ensuring farmers can reach markets effectively. Farmers can communicate their needs for agricultural inputs or services through a toll-free number or mobile application, receiving last-mile assistance from assigned micro-entrepreneurs. By leveraging artificial intelligence-enabled technologies, DeHaat seeks to optimize supply chain and production efficiency, ultimately supporting farmers in increasing their revenue throughout the year.

Zetwerk

Series B in 2019
Zetwerk is an end-to-end manufacturing supply chain solutions provider based in Bengaluru, Karnataka, India. Founded in 2018, the company operates an online marketplace that connects large manufacturing firms with vendors and suppliers for customized products, including crane parts, machine chassis, doors, and ladders. Zetwerk specializes in various manufacturing services such as die casting, sand casting, investment casting, and fabrication, allowing businesses to efficiently meet their requirements for customized components and assemblies. The platform offers collaboration and execution tools that facilitate interactions between buyers and suppliers, ensuring seamless order fulfillment. By leveraging a nationwide network of manufacturing facilities, Zetwerk enables clients to procure custom products tailored to their budget and timelines, while also supporting suppliers in expanding their order volume and revenue.

KredX

Series B in 2019
KredX is a prominent invoice discounting marketplace in India that facilitates quick access to working capital for businesses by allowing them to sell their unpaid receivables. This process enables micro, small, and medium-sized enterprises to obtain funds within 24 to 72 hours without the need for collateral. The platform connects these businesses with individual investors seeking low-risk, short-term investment opportunities, offering potential high returns. KredX has garnered significant backing from notable venture capital firms, including Sequoia Capital and Prime Venture Partners, and has recently completed a Series B funding round led by Tiger Global Management.

CARS24

Series D in 2019
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.

Blinkit

Series F in 2019
Blinkit is a quick-commerce platform specializing in the rapid delivery of groceries, household essentials, and various daily needs. It operates using a dark store model, which involves micro-warehouses strategically located in urban areas to facilitate efficient order fulfillment. The platform offers a diverse range of products, including fresh produce, dairy, snacks, beverages, and personal care items, allowing consumers to conveniently purchase goods online for home delivery. Following its acquisition by Zomato, Blinkit has broadened its market presence by expanding into additional cities and integrating its services with Zomato's food delivery operations, thereby enhancing its overall efficiency and reach.

Blinkit

Series F in 2019
Blinkit is a quick-commerce platform specializing in the rapid delivery of groceries, household essentials, and various daily needs. It operates using a dark store model, which involves micro-warehouses strategically located in urban areas to facilitate efficient order fulfillment. The platform offers a diverse range of products, including fresh produce, dairy, snacks, beverages, and personal care items, allowing consumers to conveniently purchase goods online for home delivery. Following its acquisition by Zomato, Blinkit has broadened its market presence by expanding into additional cities and integrating its services with Zomato's food delivery operations, thereby enhancing its overall efficiency and reach.

Smartkarma

Corporate Round in 2019
Smartkarma is an independent financial research platform focused on transforming how market participants generate, distribute, and consume investment insights, particularly in Asian markets. It serves as a trusted and unbiased source of information for global institutional investors, offering differentiated research and enhanced transparency essential for informed decision-making. By leveraging the expertise of leading analysts, academics, data scientists, and industry professionals, Smartkarma creates a collaborative marketplace that aids investors in improving efficiencies and optimizing their research expenditures. The platform operates on a subscription-based model, providing comprehensive analysis and context that enable users to effectively navigate the complexities of Asian markets. Through its innovative approach, Smartkarma aims to redefine the research landscape for global investors, fostering a new model of collaboration and value creation within the investment community.

Blinkit

Series F in 2019
Blinkit is a quick-commerce platform specializing in the rapid delivery of groceries, household essentials, and various daily needs. It operates using a dark store model, which involves micro-warehouses strategically located in urban areas to facilitate efficient order fulfillment. The platform offers a diverse range of products, including fresh produce, dairy, snacks, beverages, and personal care items, allowing consumers to conveniently purchase goods online for home delivery. Following its acquisition by Zomato, Blinkit has broadened its market presence by expanding into additional cities and integrating its services with Zomato's food delivery operations, thereby enhancing its overall efficiency and reach.

Zetwerk

Series A in 2019
Zetwerk is an end-to-end manufacturing supply chain solutions provider based in Bengaluru, Karnataka, India. Founded in 2018, the company operates an online marketplace that connects large manufacturing firms with vendors and suppliers for customized products, including crane parts, machine chassis, doors, and ladders. Zetwerk specializes in various manufacturing services such as die casting, sand casting, investment casting, and fabrication, allowing businesses to efficiently meet their requirements for customized components and assemblies. The platform offers collaboration and execution tools that facilitate interactions between buyers and suppliers, ensuring seamless order fulfillment. By leveraging a nationwide network of manufacturing facilities, Zetwerk enables clients to procure custom products tailored to their budget and timelines, while also supporting suppliers in expanding their order volume and revenue.

Kargo Technologies

Seed Round in 2019
Kargo Technologies is an online logistics platform based in Jakarta, Indonesia, that connects retail, e-commerce, and commercial sector shippers with truck fleets across the Indonesian archipelago. Founded in 2018, the company operates a freight logistics marketplace that enables shippers, transporters, and truckers to connect and conduct transactions efficiently. Through its website and mobile app, Kargo Technologies offers real-time shipment tracking and the ability to expand business networks, ultimately increasing revenue for its users. By digitizing freight matching and eliminating intermediaries, Kargo Technologies enhances the efficiency of supply chains in the region.

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.

Zilingo

Series D in 2019
Zilingo is a technology-driven platform founded in 2015 by Ankiti Bose and Dhruv Kapoor, aimed at transforming the fashion supply chain through innovative trade solutions. By digitizing the fashion industry, Zilingo provides a marketplace that connects brands and merchants directly with factories, offering essential tools such as analytics, efficient logistics, and secure payment options. This approach enables entrepreneurs to thrive in a sector that has historically favored a select few, promoting accessibility, transparency, and connection within the fashion ecosystem. Zilingo's vision is to democratize fashion, making it possible for anyone with the right ideas to succeed in the industry.

Turtlemint

Venture Round in 2019
Turtlemint is an online insurance platform based in Mumbai, Maharashtra, India, that simplifies the process of buying and managing insurance policies. Founded in 2015, the company aims to make insurance accessible and understandable by demystifying complex jargon and providing user-friendly tools. Turtlemint offers a range of insurance products, including car, bike, health, and term life insurance, allowing customers to search, compare, and purchase policies entirely online with just a few clicks. The platform leverages proprietary algorithms and data analytics to provide personalized recommendations, while also offering a network of offline facilitators to assist with the purchase and claims process. This comprehensive approach enables clients to select the right insurance schemes tailored to their needs.

SHEIN

Series D in 2019
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

Turtlemint

Venture Round in 2018
Turtlemint is an online insurance platform based in Mumbai, Maharashtra, India, that simplifies the process of buying and managing insurance policies. Founded in 2015, the company aims to make insurance accessible and understandable by demystifying complex jargon and providing user-friendly tools. Turtlemint offers a range of insurance products, including car, bike, health, and term life insurance, allowing customers to search, compare, and purchase policies entirely online with just a few clicks. The platform leverages proprietary algorithms and data analytics to provide personalized recommendations, while also offering a network of offline facilitators to assist with the purchase and claims process. This comprehensive approach enables clients to select the right insurance schemes tailored to their needs.

Flyrobe

Series B in 2018
Flyrobe is India's largest fashion rental platform, specializing in occasion wear for both men and women. Operating in ten major cities across India, it offers a wide range of branded and designer clothing through an on-demand rental service. Customers can access a luxury fashion rental store that provides options for renting labels and accessories at a fraction of the retail price. Flyrobe also maintains offline stores in Mumbai and Delhi, enhancing its accessibility for customers seeking stylish attire for various events.

Xiangwushuo

Series B in 2018
Xiangwushuo is a Beijing-based company that operates an online platform for the buying and selling of unused items. It facilitates the trading of new and idle goods through a unique marketplace that employs a point system, allowing users to exchange items without the need for actual currency. In addition to individual transactions, Xiangwushuo offers business owners the opportunity to promote and sell their products online, enhancing the platform's functionality as a comprehensive marketplace for both personal and commercial goods.

Zetwerk

Seed Round in 2018
Zetwerk is an end-to-end manufacturing supply chain solutions provider based in Bengaluru, Karnataka, India. Founded in 2018, the company operates an online marketplace that connects large manufacturing firms with vendors and suppliers for customized products, including crane parts, machine chassis, doors, and ladders. Zetwerk specializes in various manufacturing services such as die casting, sand casting, investment casting, and fabrication, allowing businesses to efficiently meet their requirements for customized components and assemblies. The platform offers collaboration and execution tools that facilitate interactions between buyers and suppliers, ensuring seamless order fulfillment. By leveraging a nationwide network of manufacturing facilities, Zetwerk enables clients to procure custom products tailored to their budget and timelines, while also supporting suppliers in expanding their order volume and revenue.

CARS24

Series C in 2018
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.

Carousell

Series C in 2018
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.

Poizon

Series A in 2018
Poizon, established in 2015 by Shanghai Shizhuang Information Technology Co., Ltd., is China's largest sneaker trading platform, boasting an annual gross merchandise volume of $10 billion and over 1.4 million active users monthly as of 2019. The platform operates on a consumer-to-business-to-consumer model, facilitating connections between buyers and sellers while providing authentication services to ensure the genuineness of products. Additionally, Poizon offers the Dewu App, which focuses on sports equipment exchange and includes features for shoe identification. This interactive mobile platform allows users to communicate and share their enthusiasm for trending fashion within the sneaker community.

Full Truck Alliance

Private Equity Round in 2018
Full Truck Alliance is a Chinese company that operates a platform connecting shippers with truckers to facilitate the transportation of goods over various distances and cargo weights. The company provides comprehensive services to both shippers and truckers through its mobile and web platforms. Its primary source of revenue comes from the use of these platforms for freight matching services, as well as additional value-added services. By streamlining the logistics process, Full Truck Alliance aims to enhance efficiency in freight transportation within the region.

Funding Societies

Series B in 2018
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.

Porter

Series C in 2018
Porter is an end-to-end logistics platform that focuses on optimizing last-mile delivery operations for businesses. Established in 2014 and headquartered in Bangalore, Karnataka, the company addresses inefficiencies in the last-mile logistics sector, allowing businesses to transport goods on-demand. Porter operates an online marketplace where businesses can book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables users to access reliable and cost-effective transportation options while providing real-time ride tracking. Currently, Porter has serviced over 5 million customers across 12 cities in India, including major urban centers like Mumbai, Delhi, and Bangalore.

Zilingo

Series C in 2018
Zilingo is a technology-driven platform founded in 2015 by Ankiti Bose and Dhruv Kapoor, aimed at transforming the fashion supply chain through innovative trade solutions. By digitizing the fashion industry, Zilingo provides a marketplace that connects brands and merchants directly with factories, offering essential tools such as analytics, efficient logistics, and secure payment options. This approach enables entrepreneurs to thrive in a sector that has historically favored a select few, promoting accessibility, transparency, and connection within the fashion ecosystem. Zilingo's vision is to democratize fashion, making it possible for anyone with the right ideas to succeed in the industry.

Bianli24

Seed Round in 2018
Bianli24, also known as Beijing Peanut Convenience Technology Co., Ltd., is an unmanned retail service company based in Beijing, China. Founded in 2017, the company specializes in operating unmanned convenience stores, utilizing advanced technology to provide customers with a seamless shopping experience. By eliminating the need for traditional cashiers, Bianli24 aims to enhance convenience and accessibility for consumers, catering to the growing demand for autonomous retail solutions.

Chehaoduo

Series C in 2018
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

SHEIN

Series C in 2018
SHEIN is an online marketplace that specializes in women's apparel, offering a wide range of fashion items including clothing, shoes, jewelry, and accessories. Founded in 2008 and headquartered in Jiangsu, China, SHEIN operates as an international B2C fast fashion e-commerce platform, serving customers in over 220 countries and regions. The company utilizes on-demand manufacturing technologies to link suppliers with an agile supply chain, effectively reducing inventory waste and allowing for the delivery of a diverse array of affordable products. By focusing on accessibility and affordability, SHEIN aims to make fashion accessible to a global audience.

Smartkarma

Series B in 2017
Smartkarma is an independent financial research platform focused on transforming how market participants generate, distribute, and consume investment insights, particularly in Asian markets. It serves as a trusted and unbiased source of information for global institutional investors, offering differentiated research and enhanced transparency essential for informed decision-making. By leveraging the expertise of leading analysts, academics, data scientists, and industry professionals, Smartkarma creates a collaborative marketplace that aids investors in improving efficiencies and optimizing their research expenditures. The platform operates on a subscription-based model, providing comprehensive analysis and context that enable users to effectively navigate the complexities of Asian markets. Through its innovative approach, Smartkarma aims to redefine the research landscape for global investors, fostering a new model of collaboration and value creation within the investment community.

Chehaoduo

Series B in 2017
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Inncube

Angel Round in 2017
Inncube offers the entrepreneurial idea of shared thinking, common direction, and common sharing is to share ideas, common direction, and common sharing. To fulfill the requirements of various teams, they offer a variety of funding services.

Purang Services

Series B in 2016
Pulan builds a service platform for bulk financial product transactions for entity enterprises, small and medium-sized banks, and non-bank financial institutions, providing market participants with matching, consulting, data, software, knowledge process outsourcing, and other multi-faceted financial services covering bills, bonds, and funds.

KredX

Series A in 2016
KredX is a prominent invoice discounting marketplace in India that facilitates quick access to working capital for businesses by allowing them to sell their unpaid receivables. This process enables micro, small, and medium-sized enterprises to obtain funds within 24 to 72 hours without the need for collateral. The platform connects these businesses with individual investors seeking low-risk, short-term investment opportunities, offering potential high returns. KredX has garnered significant backing from notable venture capital firms, including Sequoia Capital and Prime Venture Partners, and has recently completed a Series B funding round led by Tiger Global Management.

Chehaoduo

Series A in 2016
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Flyrobe

Series A in 2016
Flyrobe is India's largest fashion rental platform, specializing in occasion wear for both men and women. Operating in ten major cities across India, it offers a wide range of branded and designer clothing through an on-demand rental service. Customers can access a luxury fashion rental store that provides options for renting labels and accessories at a fraction of the retail price. Flyrobe also maintains offline stores in Mumbai and Delhi, enhancing its accessibility for customers seeking stylish attire for various events.

Funding Societies

Series A in 2016
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.

Carousell

Series B in 2016
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.

Flyrobe

Seed Round in 2016
Flyrobe is India's largest fashion rental platform, specializing in occasion wear for both men and women. Operating in ten major cities across India, it offers a wide range of branded and designer clothing through an on-demand rental service. Customers can access a luxury fashion rental store that provides options for renting labels and accessories at a fraction of the retail price. Flyrobe also maintains offline stores in Mumbai and Delhi, enhancing its accessibility for customers seeking stylish attire for various events.

Fenda

Series A in 2016
Fenda is an audio-based skill-sharing platform in China that allows users to engage in knowledge exchange. The app enables individuals to set their own prices for answering questions in areas of their expertise, while others can pay to receive these answers. Additionally, users have the option to listen to various questions and answers within the app, fostering a community of social interaction among different groups and facilitating access to insights from experts and celebrities.

Blinkit

Series C in 2015
Blinkit is a quick-commerce platform specializing in the rapid delivery of groceries, household essentials, and various daily needs. It operates using a dark store model, which involves micro-warehouses strategically located in urban areas to facilitate efficient order fulfillment. The platform offers a diverse range of products, including fresh produce, dairy, snacks, beverages, and personal care items, allowing consumers to conveniently purchase goods online for home delivery. Following its acquisition by Zomato, Blinkit has broadened its market presence by expanding into additional cities and integrating its services with Zomato's food delivery operations, thereby enhancing its overall efficiency and reach.

Craftsvilla

Series C in 2015
Craftsvilla Handicrafts Pvt Limited is an online marketplace based in Mumbai, India, that specializes in unique Indian products, including handmade, vintage, ethnic, and organic items. Founded in 2011, the company offers a diverse range of products such as sarees, bridal lehengas, salwar suits, jewelry, bags, accessories, and footwear, alongside home décor, bath and beauty products, and health items. It aims to empower local designers and artisans by showcasing their creations to a global audience, thereby fostering connections between small businesses and customers. Craftsvilla prioritizes the use of quality raw materials, minimizes the application of chemicals, and employs natural dyes, ensuring that each product undergoes rigorous quality checks. This commitment to craftsmanship and cultural representation positions Craftsvilla as a vibrant platform for celebrating Indian artistry and enhancing everyday life.

Porter

Series A in 2015
Porter is an end-to-end logistics platform that focuses on optimizing last-mile delivery operations for businesses. Established in 2014 and headquartered in Bangalore, Karnataka, the company addresses inefficiencies in the last-mile logistics sector, allowing businesses to transport goods on-demand. Porter operates an online marketplace where businesses can book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables users to access reliable and cost-effective transportation options while providing real-time ride tracking. Currently, Porter has serviced over 5 million customers across 12 cities in India, including major urban centers like Mumbai, Delhi, and Bangalore.

Mishi

Series B in 2015
Mishi is an innovative application that connects food enthusiasts with individuals who prepare authentic, homemade meals, functioning similarly to Airbnb but for food. The platform allows users to explore and order unique homemade delicacies from local chefs, providing a convenient way to enjoy diverse cuisines in the comfort of their own homes. By facilitating direct connections between food lovers and skilled cooks, Mishi enhances the culinary experience while promoting local chefs and their creations.

Tuniu

Post in 2015
Tuniu Corporation is an online leisure travel company based in Nanjing, China, founded in 2006. It specializes in offering a wide array of packaged tours, including organized and self-guided options, tailored for leisure travelers. The company provides comprehensive travel-related services such as ticket sales for tourist attractions, visa applications, accommodation reservations, and transportation options, including air, train, and bus tickets. Tuniu also offers car rental and insurance services, along with advertising solutions for tourism boards. The company's products and services are accessible through its website, mobile platform, and a network of offline channels, which includes call centers and retail stores across China. With over 550,000 stock keeping units covering more than 140 countries, Tuniu aims to enhance customer experience and expand its market presence by diversifying its offerings and investing in technology.

Craftsvilla

Series B in 2015
Craftsvilla Handicrafts Pvt Limited is an online marketplace based in Mumbai, India, that specializes in unique Indian products, including handmade, vintage, ethnic, and organic items. Founded in 2011, the company offers a diverse range of products such as sarees, bridal lehengas, salwar suits, jewelry, bags, accessories, and footwear, alongside home décor, bath and beauty products, and health items. It aims to empower local designers and artisans by showcasing their creations to a global audience, thereby fostering connections between small businesses and customers. Craftsvilla prioritizes the use of quality raw materials, minimizes the application of chemicals, and employs natural dyes, ensuring that each product undergoes rigorous quality checks. This commitment to craftsmanship and cultural representation positions Craftsvilla as a vibrant platform for celebrating Indian artistry and enhancing everyday life.

Blinkit

Series B in 2015
Blinkit is a quick-commerce platform specializing in the rapid delivery of groceries, household essentials, and various daily needs. It operates using a dark store model, which involves micro-warehouses strategically located in urban areas to facilitate efficient order fulfillment. The platform offers a diverse range of products, including fresh produce, dairy, snacks, beverages, and personal care items, allowing consumers to conveniently purchase goods online for home delivery. Following its acquisition by Zomato, Blinkit has broadened its market presence by expanding into additional cities and integrating its services with Zomato's food delivery operations, thereby enhancing its overall efficiency and reach.

Blinkit

Series A in 2015
Blinkit is a quick-commerce platform specializing in the rapid delivery of groceries, household essentials, and various daily needs. It operates using a dark store model, which involves micro-warehouses strategically located in urban areas to facilitate efficient order fulfillment. The platform offers a diverse range of products, including fresh produce, dairy, snacks, beverages, and personal care items, allowing consumers to conveniently purchase goods online for home delivery. Following its acquisition by Zomato, Blinkit has broadened its market presence by expanding into additional cities and integrating its services with Zomato's food delivery operations, thereby enhancing its overall efficiency and reach.

Blinkit

Seed Round in 2014
Blinkit is a quick-commerce platform specializing in the rapid delivery of groceries, household essentials, and various daily needs. It operates using a dark store model, which involves micro-warehouses strategically located in urban areas to facilitate efficient order fulfillment. The platform offers a diverse range of products, including fresh produce, dairy, snacks, beverages, and personal care items, allowing consumers to conveniently purchase goods online for home delivery. Following its acquisition by Zomato, Blinkit has broadened its market presence by expanding into additional cities and integrating its services with Zomato's food delivery operations, thereby enhancing its overall efficiency and reach.

Carousell

Series A in 2014
Carousell is a Singapore-based classifieds marketplace that facilitates the buying and selling of preloved items through its mobile app, available on iOS and Android. Launched in August 2012, the platform allows users to easily list their secondhand goods by simply taking a photo and adding a description, covering a wide array of categories such as fashion, electronics, home goods, and vehicles. Carousell has gained popularity and recognition, ranking as the top shopping app in several regions including Singapore, Taiwan, Hong Kong, and Australia. The company has expanded its reach to 19 cities across seven countries, driven by a mission to inspire individuals to start selling and declutter their lives while enabling others to discover savings.

Tokopedia

Series E in 2014
Tokopedia is an Indonesian technology company established in 2019, aimed at democratizing commerce through digital innovation. It operates an online marketplace that allows individuals and businesses to create and manage their online stores without charge. The platform offers a wide range of products, including fashion accessories, beauty and health items, electronics, food, and toys, serving as a comprehensive e-commerce destination for customers. Tokopedia has successfully reached over 99% of districts in Indonesia, empowering more than 10 million merchants and boasting a user base of over 100 million. The company is committed to fostering a Super Ecosystem that facilitates the discovery and initiation of various commerce activities. To support this vision, Tokopedia collaborates with strategic partners across various sectors, including logistics and financial technology, while providing extensive payment options throughout Indonesia. Its contributions have significantly impacted the Indonesian economy, accounting for more than 1% of its growth.

Beequick

Series A in 2014
Beequick is an on-demand delivery service that offers one-hour delivery of fresh produce and various products from community convenience stores. Based in Beijing, the company has successfully served over 250,000 customers and plans to expand its operations to other major cities across China. Utilizing a mobile application, Beequick enables consumers to conveniently purchase items from local stores, bridging the gap between online shopping and offline retail.

YaoChuFa

Series C in 2014
YaoChuFa, established in October 2011, operates an online tourism service platform focused on providing comprehensive travel packages for urban and regional tourism. The company specializes in one-day travel itineraries centered around major cities and their neighboring areas, featuring carefully selected boutique resorts, specialty restaurants, and access to popular tourist attractions. YaoChuFa's offerings are designed to maintain high-quality standards, typically rated 4-5 stars, ensuring a premium experience for families and parents traveling with children. The platform aims to deliver economical, convenient, and satisfying tourism products and services, including transportation, accommodation, and travel planning, catering to the leisure and entertainment needs of the public.

Chukong Technologies

Series D in 2013
Chukong Technologies is a mobile entertainment platform company headquartered in Beijing, China, with additional operations in Tokyo, Seoul, Taipei, and Menlo Park, California. Originally founded as CocoaChina.com, the largest iOS developer community in China, Chukong provides tools and resources aimed at enhancing efficiency and reducing costs for mobile content creators globally. The company is known for sponsoring and maintaining Cocos2d-x, a cross-platform open-source game engine that has gained significant traction, with over 1.1 million downloads in 150 countries and a presence in seven of the top ten grossing games in China. Complementing the game engine, Chukong has developed CocoStudio, a toolset that simplifies game design and animation. The company also operates an in-house development studio, which has produced several successful games, including the Fishing Joy franchise. Furthermore, under the CocoaChina brand, Chukong collaborates with international developers to help them navigate the Chinese mobile gaming market, offering services that encompass game design feedback, monetization strategies, and localization assistance. With a portfolio that boasts over 1 billion monthly game sessions and 63 million active users, Chukong continues to explore opportunities for both Chinese and international developers.

Chukong Technologies

Series B in 2011
Chukong Technologies is a mobile entertainment platform company headquartered in Beijing, China, with additional operations in Tokyo, Seoul, Taipei, and Menlo Park, California. Originally founded as CocoaChina.com, the largest iOS developer community in China, Chukong provides tools and resources aimed at enhancing efficiency and reducing costs for mobile content creators globally. The company is known for sponsoring and maintaining Cocos2d-x, a cross-platform open-source game engine that has gained significant traction, with over 1.1 million downloads in 150 countries and a presence in seven of the top ten grossing games in China. Complementing the game engine, Chukong has developed CocoStudio, a toolset that simplifies game design and animation. The company also operates an in-house development studio, which has produced several successful games, including the Fishing Joy franchise. Furthermore, under the CocoaChina brand, Chukong collaborates with international developers to help them navigate the Chinese mobile gaming market, offering services that encompass game design feedback, monetization strategies, and localization assistance. With a portfolio that boasts over 1 billion monthly game sessions and 63 million active users, Chukong continues to explore opportunities for both Chinese and international developers.
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