Chinese instant food brand Baijia raises $28m
Chinese instant food brand Baijia Food has raised RMB200 million ($28 million) in Series B funding led by GL Ventures, the venture capital arm of Hillhouse Capital.
Other investors include Maotai Investment Fund, an investment unit of Kweichow Moutai, China’s most prestigious liquor maker, Cowin Capital, and Befor Capital. The round comes four months after a RMB110...
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