
China insurance tech player raises $43m

Shanghai Kingstar Winning Software, a digital risk control solution provider for insurers, has raised a Series C round of CNY300m (USD 43m) led by China Taiping Insurance Group.
Other investors include Cathay Capital Private Equity, SND Ventures Group, CEC Data Services, and T-Lion Capital. The proceeds will be used for technology R&D and to support business expansion. Founded...
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