Financing status: RMB 50 million (USD 7 million) in Series A financing in 2017
Zhugefang is an online real estate search platform that aims to help customers find real estate information easily. Based in Beijing, Zhugefang has nearly 100 employees in its core technical team with some employees that previously worked for Baidu. Zhugefang will collect, filter and sort information on the estate market via its big data analysis system in order to improve the efficiency of customers’ search.
Zhugefang’s Series A financing round was led by Maintrend. Zhugefang will use this USD 7 million fund to expand its advertising business and improve its big data analysis system to provide customers with more accurate information.
Lottery services startup Vipc received USD 8.5 million in financing
Founder: Liu Zhihua
Founded in: 2014
Financing status: RMB 58 million (USD 8.5 million) in Series B financing in 2017
Vipc is an online platform that provides information on lottery data, smart aggregate information guide and other services. Vipc filters lottery websites and link these websites with its platform. In addition, Vipc has started communities for users to share good schemes and personal experiences of their lottery purchases. Vipc also recommends good schemes and it introduces tools for users to improve their lottery return rates.
Vipc’s angel round financing investors include IDG and CDF-Capital, and this Series B financing was led by China Merchants Capital. Vipc will use this fund to enrich its online lottery information to attract new members and to invest in the lottery industry.
(Top photo from 58pic.com)