FountainVest leads Series B for China's MyMRO
Shanghai-based B2B e-commerce company MyMRO, a spinoff of US industrial products supplier Grainger, has raised several hundreds of million renminbi in Series B funding led by FountainVest Partners.
Other investors include Hongtai Capital, Sinovation Ventures, a fund under China Merchants Venture, and several government-linked vehicles. MyMRO separated from Grainger through a management buyout...
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