IDG, China Growth Capital invest in job site HunterOn
HunterOn.com, a Chinese online recruitment website, has secured a Series A round of funding from IDG Capital Partners and China Growth Capital.
Financial details were undisclosed but the investment size is said to be about $10 million.
The two-year-old company provides a platform for headhunters and applicants to find capable employees and jobs. The company currently works with about 5,000 companies, including Canon, Ping An Insurance, Ctrip and China Vanke, and 3,000 employment agencies.
The company charges a commission if an applicant is successfully recruited.
IDG Capital Partners is primarily focusing on investing in consumer products, franchise services, internet and wireless application, new media, education, healthcare, new energy, and advanced manufacturing sectors.
Beijing-based China Growth Capital focuses on early and growth companies across education, media, consumer, technology and finance sectors.
More on Greater China
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.