Gobi raises RMB fund for China start-ups
Gobi Partners has formed a RMB600 million ($94.1 million) fund that will focus on seed, pre-Series A and Series A investments in early-stage Chinese companies.
LPs in the fund - known as Gobi Yingzhi II - include several renminbi-denominated fund-of-funds, as well as strategic players such as CreditEase Wealth Management, Fivestar Holdings and Luolai Home Textile....
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