
Apax backs China tax SaaS player Yunzhangfang

Yunzhangfang, a China-based software-as-a-service (SaaS) provider specialising in corporate tax and financial management, has raised close to USD 100m in Series E funding from Apax Partners.
It follows a USD 85 million Series D from Vitruvian Partners in 2019 and an RMB 300m (USD 43.2m) Series C led by Hillhouse Investment in 2018. Hillhouse also participated in a USD 14.8m investment in...
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