V Fund backs China treasury management software player
V Fund Management, a Beijing-based PE firm founded by a group of former Goldman Sachs bankers, has led a Series C round amounting to hundreds of millions of renminbi for Sikulifang, a local software-as-a-service (SaaS) provider specialising in treasury management.
China Capital Management, Guiyang Venture Capital, Pegasus Capital – formerly a strategic investment fund under classifieds platform 58.com – also took part, while existing investor Albatross Venture...
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