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Lightspeed China Partners I Raises USD168mn
Jan 30, 2013 (SinoCast Daily Business Beat via COMTEX) --
Lightspeed China Partners announced yesterday that Lightspeed China Partners I has finished fundraising and raised a total of USD 168 million.
The fund plans to exclusively invest in China-based early-stage companies in the Internet, mobile, services and enterprise solution sectors.
It is understood that Lightspeed China Partners has finished several investments via Lightspeed China Partners I, including the investment in domestic largest self-owned online furniture retail brand meilele.com, in domestic leading provider of online search and comparison service of financial and service products for consumers and medium- and small-sized enterprises rong360.com as well as in domestic leading online reservation service platform for vocational flats tujia.com.
Source: www.chinaventure.com.cn (January 30, 2013)
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