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

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 Social Network

0xppl

Seed Round in 2024
0xppl is a technology company that operates a decentralized social network for cryptocurrency enthusiasts. Its platform allows users to connect with like-minded individuals, track and analyze crypto assets and non-fungible tokens (NFTs) traded by those they follow, and stay updated on market changes and personal portfolio performance.

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.

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.

Forking

Seed Round in 2022
Forking is a virtual reality content production service provider focused on creating immersive social experiences within virtual worlds. The company is actively developing a unique VR game that aims to offer an authentic social gaming experience, distinguishing itself from existing offerings in the market. By fostering a vibrant virtual reality community, Forking aspires to enable users to engage and connect in a dynamic and colorful environment, enhancing the way people interact and experience gaming together.

BUD

Series B in 2022
BUD, founded in 2019 by former Snap engineers Risa Feng and Shawn Lin, is a Singapore-based company that operates a user-generated open metaverse gaming platform. This platform connects millions of virtual worlds created by a community of approximately 9 million creators. Since its global launch in November 2021, BUD has rapidly gained popularity, ranking among the top 10 social apps in over 38 countries, including regions in North America, Southeast Asia, and South America. The platform allows users to easily customize 3D worlds through a simple drag-and-drop interface, enabling the creation and sharing of interactive experiences that range from social hangouts to competitive games. BUD has evolved into a vibrant digital social hub where users can create, play, and interact with 3D content alongside friends.

KAWO 科握

Series A in 2022
KAWO Technology LLC, founded in 2013 and based in Shanghai, specializes in providing social media solutions for international brands seeking to engage with Chinese audiences. The company develops an application that facilitates the creation and sharing of short-form videos and GIFs, specifically tailored for platforms such as Weibo and WeChat. KAWO's innovative tools enable brands to maintain authenticity and consistency across their social media channels while integrating Western platforms like Facebook and Twitter with their Chinese counterparts. By offering data insights and promoting transparency, KAWO enhances operational efficiency for global teams, allowing them to navigate the rapidly evolving Chinese social media landscape effectively.

With

Angel Round in 2022
With creates a warm voice companion community. It is a community app that integrates functions such as voice mic interaction, voice radio, dynamic circles, theme chat, and covers emotional radio, music cover, dubbing Pia drama, and other voice content.

HalloApp

Seed Round in 2022
HalloApp is a social networking application focused on fostering genuine relationships among users. It allows for group and individual chats specifically with close friends and family, creating a simple, safe, and private environment for communication. The platform emphasizes privacy by enabling users to send private messages without advertisements, ensuring a clutter-free experience. By prioritizing real connections and user privacy, HalloApp aims to redefine how individuals interact online.

Vland

Series A in 2021
Vland is a social interactive cloud platform that provides real-time audio, game, and video technology to create virtual space as a service.

KAWO 科握

Seed Round in 2021
KAWO Technology LLC, founded in 2013 and based in Shanghai, specializes in providing social media solutions for international brands seeking to engage with Chinese audiences. The company develops an application that facilitates the creation and sharing of short-form videos and GIFs, specifically tailored for platforms such as Weibo and WeChat. KAWO's innovative tools enable brands to maintain authenticity and consistency across their social media channels while integrating Western platforms like Facebook and Twitter with their Chinese counterparts. By offering data insights and promoting transparency, KAWO enhances operational efficiency for global teams, allowing them to navigate the rapidly evolving Chinese social media landscape effectively.

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.

Stockbit

Series C in 2021
Stockbit is an investment community based in Indonesia that facilitates real-time sharing of stock-related ideas, news, and financial information. The platform allows users to create profiles and follow specific stocks or favorite investors, providing access to valuable insights and discussions. It features monitoring tools for stock price charts and comprehensive financial data, enabling users to analyze individual stocks and engage in informed discussions. Stockbit is dedicated to enhancing the investment experience within the Indonesian market, empowering both individual investors and traders to make well-informed decisions.

Dooluu

Series B in 2019
Dooluu is a social app that facilitates the sharing of children's growth moments among parents, relatives, and friends, regardless of distance. It enables users to upload and share videos and pictures of their children, preserving precious memories in a secure cloud storage environment. Additionally, Dooluu serves as an interactive tool for homeschooling, particularly in early childhood development, allowing family members to stay informed about their children's learning progress through daily updates from teachers. This platform not only strengthens family connections but also supports educational engagement in a digital format.

JAXIM Network Technology

Series A in 2019
Hangzhou Jaxim Network Technology Co., Ltd. specializes in developing big data technology aimed at optimizing mobile phone information aggregation. The company offers a content social application known as Notification Master, which serves as a one-stop platform for fragmented user information. This application facilitates content sharing among users, thereby enhancing their experience and fostering content-based social relationships. By creating a closed-loop community, JAXIM aims to improve user engagement and satisfaction. The company is based in Hangzhou, China, and is staffed by a team of experienced product development engineers dedicated to advancing its core technologies.

Blueberry Technology

Series B in 2019
Beijing Blueberry Technology Co., Ltd., founded in 2016 and based in China, specializes in developing a mobile application for social dating that leverages user photographs. The company's platform focuses on connecting individuals within youth culture by utilizing advanced user matching algorithms and analyzing user images, location data, and shared interests. This approach enables the app to facilitate connections among users with similar cultural beliefs and interests. Additionally, Blueberry Technology enhances user engagement by organizing offline activities, thereby bridging the gap between online interactions and real-world social experiences. As of late 2019, the company operates as a subsidiary of Inke Limited.

Beidian

Series A in 2019
Beidian operates as an innovative e-commerce platform that connects consumers, shop owners, and suppliers, offering a diverse range of products including home goods, clothing, food, beauty items, and products for mothers and babies. Unlike traditional e-commerce platforms, Beidian emphasizes social sharing among users, fostering a three-way connection that enhances the shopping experience. The company adheres to a source supply chain model, collaborating closely with numerous high-quality brands, source factories, and agricultural bases worldwide. This approach ensures that consumers have access to premium products at competitive prices, allowing them to purchase better goods while spending less.

Medlinker

Series D in 2018
Medlinker operates as a social networking platform specifically designed for certified doctors, enabling them to connect with peers and access high-quality medical information. The platform facilitates knowledge sharing among healthcare professionals, allowing users to exchange experiences and insights. It offers various features, including medical quizzes, case mapping, and anonymous social circles, aimed at enhancing collaboration within the medical community. Additionally, Medlinker connects verified doctors with healthcare institutions, pharmaceutical companies, patients, and insurance firms, streamlining the process for patients to book medical appointments and submit inquiries to the medical community. Through these functionalities, Medlinker aims to improve the efficiency of healthcare interactions and support physicians in their professional development.

Flow

Series A in 2018
Flow is a social application based on photo editing and sharing.

Qin's Entertainment

Seed Round in 2018
Qin's Entertainment is an idol incubation company that provides a platform aimed at supporting new Chinese artists and facilitating international professional teams. The company's services focus on nurturing talent and fostering connections between celebrities and their fans, as well as engaging with the broader market. By creating a supportive environment for aspiring idols, Qin's Entertainment aims to enhance the visibility and career prospects of emerging artists in the entertainment industry.

Xiaodaka

Series A in 2017
Xiaodaka is a social application operating on the WeChat platform, specializing in check-in management and data recording services. The app enables users to join various communities focused on interests such as reading, fitness, and foreign language learning. Users can "punch-in" their progress by sharing pictures and text, which fosters positive reinforcement and encourages sustained engagement. Through this interactive approach, Xiaodaka aims to enhance user motivation and facilitate community building around shared goals.

Medlinker

Series C in 2017
Medlinker operates as a social networking platform specifically designed for certified doctors, enabling them to connect with peers and access high-quality medical information. The platform facilitates knowledge sharing among healthcare professionals, allowing users to exchange experiences and insights. It offers various features, including medical quizzes, case mapping, and anonymous social circles, aimed at enhancing collaboration within the medical community. Additionally, Medlinker connects verified doctors with healthcare institutions, pharmaceutical companies, patients, and insurance firms, streamlining the process for patients to book medical appointments and submit inquiries to the medical community. Through these functionalities, Medlinker aims to improve the efficiency of healthcare interactions and support physicians in their professional development.

nearbuy

Venture Round in 2017
nearbuy India Private Limited operates an online platform that connects customers with local merchants throughout India, facilitating the discovery and purchase of various services and products. The platform offers deals and coupons across a wide range of categories, including dining, wellness, entertainment, electronics, travel, and home goods. Formerly known as Groupon India, the company rebranded in 2015 and has positioned itself as a hyper-local e-commerce destination. It serves as a social hub where users can explore local experiences, from dining at restaurants to enjoying spa services, thereby enriching their interaction with the community. Founded in 2010 and based in New Delhi, nearbuy has evolved into a significant player in the local business ecosystem, operating as a subsidiary of Little Internet Pvt. Ltd. since 2017.

Enjoy

Series C in 2015
Ricebook (饭本) is an application focused on searching for resturants, based on social relations. Users can check comments on restaurants or share them with friends by getting linked to social platforms like weibo, renren, and more. Ricebook has functions where users can gather information on restaurants, review, and share thoughts via social networking.

Gengmei

Series B in 2015
Gengmei is a Chinese social networking app focused on cosmetic surgery and beauty services. Established in 2013, the platform serves as a professional micro-plastic surgery resource, offering a range of consumer medical services including plastic surgery, dental care, ophthalmology, and anti-aging treatments. Gengmei aims to assist beauty seekers in efficiently finding qualified doctors while minimizing risks associated with cosmetic procedures. The application features a wealth of information, social networking opportunities, and e-commerce channels tailored for individuals interested in cosmetic enhancements. With a database of 3.4 million documented plastic surgery cases spanning 204 cities and five countries, Gengmei has supported 22 million users in their beauty journeys.

nearbuy

Venture Round in 2015
nearbuy India Private Limited operates an online platform that connects customers with local merchants throughout India, facilitating the discovery and purchase of various services and products. The platform offers deals and coupons across a wide range of categories, including dining, wellness, entertainment, electronics, travel, and home goods. Formerly known as Groupon India, the company rebranded in 2015 and has positioned itself as a hyper-local e-commerce destination. It serves as a social hub where users can explore local experiences, from dining at restaurants to enjoying spa services, thereby enriching their interaction with the community. Founded in 2010 and based in New Delhi, nearbuy has evolved into a significant player in the local business ecosystem, operating as a subsidiary of Little Internet Pvt. Ltd. since 2017.

Rounds entertainment

Series B in 2015
Rounds Entertainment Ltd. develops mobile applications that facilitate social interaction through video and entertainment. The company's flagship product, Rounds, allows users to connect with friends, meet new people, play games, watch videos, and listen to music. By integrating online entertainment with video communication, Rounds aims to create live, engaging experiences across various social networks, operating systems, and devices. Additionally, Rounds offers cross-platform solutions, including a web version and applications compatible with Facebook and desktop environments. Founded in February 2008 by Dany Fishel, Ilan Leibovich, and Dimitry Shestek, Rounds was initially known as 6rounds until it rebranded in August 2010. The company is headquartered in Tel Aviv, Israel, and has operated as a subsidiary of Kik Interactive, Inc. since January 2017.

Medlinker

Series A in 2015
Medlinker operates as a social networking platform specifically designed for certified doctors, enabling them to connect with peers and access high-quality medical information. The platform facilitates knowledge sharing among healthcare professionals, allowing users to exchange experiences and insights. It offers various features, including medical quizzes, case mapping, and anonymous social circles, aimed at enhancing collaboration within the medical community. Additionally, Medlinker connects verified doctors with healthcare institutions, pharmaceutical companies, patients, and insurance firms, streamlining the process for patients to book medical appointments and submit inquiries to the medical community. Through these functionalities, Medlinker aims to improve the efficiency of healthcare interactions and support physicians in their professional development.

HunterOn

Series B in 2014
HunterOn is a social headhunter recruitment platform that specializes in medium to high-end job placements. Developed and operated by HunterOn Network Technology (Shanghai) Co., Ltd., the platform connects enterprises with headhunting service providers, facilitating efficient talent acquisition. With over 1,300 headhunting companies registered and more than 10,000 headhunter consultants, HunterOn has successfully enabled numerous organizations to find qualified candidates quickly. The platform has also seen substantial activity, with headhunting companies recommending nearly 1,000 candidates, leading to significant revenue generation for these firms.

Dayima

Series C in 2014
Dayima Little Helper is a mobile application focused on providing menstrual period nursing help for women. In addition to the basic calendar function, Dayima also offers tailored and targeted tips to help users obtain the conditioning plan through the professional test. Dayima also has many interaction functions like forum, voting, and more.

Youxin

Series A in 2014
Youxin is a social platform geared towards young people. Their software is currently in development, with apple and android versions already available. They provide interesting and fun products. They have deep product research and development capabilities and operation service experience, a deep understanding of the Internet industry, and technology application.

Momo

Series D in 2014
Momo operates a free location-based instant messaging application that allows smartphone users to connect with people nearby, share texts, audio notes, and photos, and find like-minded individuals. Since its launch in August 2011, Momo has amassed 80 million users, with 13 million daily active users and 39 million monthly active users. The platform facilitates one-on-one and group conversations, generating an average of 500 million messages daily. Momo Inc., headquartered in Beijing, China, provides a mobile-based social and entertainment platform that includes features like live videos, short videos, social games, and other interactive experiences to enhance social relationships based on locations, interests, and recreational activities. Founded in 2011, the company aims to connect users through its Momo mobile application and related services.

Gengmei

Series A in 2014
Gengmei is a Chinese social networking app focused on cosmetic surgery and beauty services. Established in 2013, the platform serves as a professional micro-plastic surgery resource, offering a range of consumer medical services including plastic surgery, dental care, ophthalmology, and anti-aging treatments. Gengmei aims to assist beauty seekers in efficiently finding qualified doctors while minimizing risks associated with cosmetic procedures. The application features a wealth of information, social networking opportunities, and e-commerce channels tailored for individuals interested in cosmetic enhancements. With a database of 3.4 million documented plastic surgery cases spanning 204 cities and five countries, Gengmei has supported 22 million users in their beauty journeys.

Dayima

Series B in 2013
Dayima Little Helper is a mobile application focused on providing menstrual period nursing help for women. In addition to the basic calendar function, Dayima also offers tailored and targeted tips to help users obtain the conditioning plan through the professional test. Dayima also has many interaction functions like forum, voting, and more.

Changba

Series B in 2012
Changba is a Chinese smartphone application that offers a portable solo KTV booth for users. Users of Changba are able to upload their own renditions onto Sina, Weibo or Tencent’s Qzone, and even create accompanying photo slides. Other options include browsing other people’s songs and commenting or sending virtual flowers if the users enjoyed them. Changba has created a number of in-app celebrities with thousands of fans. Secondly, Changba has a filtering facility including built-in automatic sound mixers and echo effects. Changba was founded by Chen Hua. In February 2011, this application attracted $2 million of funding from BlueRun Ventures.

Onavo

Series B in 2012
Onavo, founded 2010, is the company behind Onavo Insights, the largest mobile intelligence service, and the developer of the award-winning Onavo mobile utility apps. Onavo Insights market intelligence data, powered by fully anonymized data from Onavo's apps, powers business decisions in companies in verticals diverse as finance, gaming, entertainment and social networking, and reports are cited regularly in the press as the primary barometer of the mobile app ecosystem.

Boyaa Interactive

Series A in 2011
Boyaa Interactive is a developer and operator of social network applications, specializing in chat room systems and social networking service (SNS) games. Founded in 2004, the company is known for its diverse portfolio of popular online games, including various card and board games such as Texas Hold'em, Fight the Landlord, 13-Tile Mahjong, 16-Tile Mahjong, Big Two, and Liar's Dice. Additionally, Boyaa offers other online gaming experiences like Ant Wars and Happy Babies. The company holds a double soft certification, indicating its commitment to quality and compliance in the gaming industry.

Onavo

Series A in 2011
Onavo, founded 2010, is the company behind Onavo Insights, the largest mobile intelligence service, and the developer of the award-winning Onavo mobile utility apps. Onavo Insights market intelligence data, powered by fully anonymized data from Onavo's apps, powers business decisions in companies in verticals diverse as finance, gaming, entertainment and social networking, and reports are cited regularly in the press as the primary barometer of the mobile app ecosystem.

SkyMobi

Series B in 2008
SkyMobi is a leading mobile application platform and mobile games publisher in China. The Company works with handset companies to pre-install its Maopao mobile application store on handsets and with content providers to provide users with applications and content titles. Users of its Maopao store can browse, download and enjoy a range of applications and content, such as single-player games, mobile music and books on various mobile handsets with different hardware and operating system configurations. The Company's mobile social network community in China, the Maopao Community, offers mobile social games, as well as applications and content with social network functions to its registered users. The Company is based in Hangzhou, China.

SkyMobi

Series A in 2007
SkyMobi is a leading mobile application platform and mobile games publisher in China. The Company works with handset companies to pre-install its Maopao mobile application store on handsets and with content providers to provide users with applications and content titles. Users of its Maopao store can browse, download and enjoy a range of applications and content, such as single-player games, mobile music and books on various mobile handsets with different hardware and operating system configurations. The Company's mobile social network community in China, the Maopao Community, offers mobile social games, as well as applications and content with social network functions to its registered users. The Company is based in Hangzhou, China.

Comsenz

Series A in 2006
Comsenz Inc., located in Beijing's Zhongguancun High-tech Park, is a leading provider of community and platform services in China. The company specializes in the development and operation of Internet community platforms and application technology solutions. With a workforce of over 180 employees, a significant majority are technical staff, making Comsenz's research and development team highly proficient in community technology. The company offers a range of products centered around its core platform, UCenter, which includes tools such as UCenter Home, Discuz!, SupeSite, ECShop, and SupeV. Comsenz is dedicated to technological innovation within online communities and also provides bulletin board services, social networking software, and hosting solutions. Recognized by the Beijing Municipal Science and Technology Commission as a high-tech enterprise, Comsenz continues to enhance its offerings in the social networking space.

Shaadi.com

Venture Round in 2006
Shaadi.com is a prominent online matchmaking service tailored specifically for South Asians, founded in 1996. As one of the most visited matrimonial websites in India, it has expanded its reach with over 100 physical centers across 80 cities in the country. The platform focuses on providing a comprehensive matchmaking experience, employing thorough research and analysis of each client to ensure a personalized approach in connecting individuals seeking life partners. With a mission to redefine the marriage search process, Shaadi.com has successfully assisted over 20 million people in finding meaningful relationships, making it a leader in the online matrimony sector.

Followap

Series C in 2005
Followap was a pioneering provider of mobile instant messaging and presence solutions, founded by Dan Volach and Ben Volach in 1999. The company played a significant role in the mobile industry, enabling over 20 major mobile operators to offer advanced, interoperable messaging services, which catered to a user base of more than 200 million subscribers. Followap launched the first commercial mobile messenger service in 2000 in partnership with Eircell, Ireland's largest mobile network. The company held numerous patents and actively contributed to standardization efforts in several industry forums. It collaborated with prominent device manufacturers such as Samsung, Nokia, and LG, and worked with key clients including the Vodafone Group and Turkcell. Followap's innovations in mobile messaging laid the groundwork for popular services like WhatsApp and WeChat, particularly after the rise of smartphones. The company's interconnect products supported the global adoption of instant messaging across networks. Followap was headquartered in London, with additional offices in Europe, the United States, and Asia, until its acquisition by Neustar.

Followap

Series C in 2005
Followap was a pioneering provider of mobile instant messaging and presence solutions, founded by Dan Volach and Ben Volach in 1999. The company played a significant role in the mobile industry, enabling over 20 major mobile operators to offer advanced, interoperable messaging services, which catered to a user base of more than 200 million subscribers. Followap launched the first commercial mobile messenger service in 2000 in partnership with Eircell, Ireland's largest mobile network. The company held numerous patents and actively contributed to standardization efforts in several industry forums. It collaborated with prominent device manufacturers such as Samsung, Nokia, and LG, and worked with key clients including the Vodafone Group and Turkcell. Followap's innovations in mobile messaging laid the groundwork for popular services like WhatsApp and WeChat, particularly after the rise of smartphones. The company's interconnect products supported the global adoption of instant messaging across networks. Followap was headquartered in London, with additional offices in Europe, the United States, and Asia, until its acquisition by Neustar.
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