Tag Archives: GSR Ventures
GSR Ventures Raises a $350 Million Fund for Chinese Startups
Chinese venture capital company GSR Ventures has raised a fund of $350 million to invest in Chinese startup companies. This is GSR Venture’s fourth venture fund, and it was secured in 6 weeks, mostly from existing investors. The company’s last fund was also for $350 million, a stability that TechCrunch reports is favored by the company; GSR’s Richard Lim said in an interview, “We have the same strategy, the same team and expect the same nice results.”
Categories GSR Ventures, Lashou.com, Qunar.com, Richard Lim
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Chinese Travel Search Company Qunar Raises $15 Million
Qunar is a Chinese travel search engine company that has raised $15 million from GGV Capital, Mayfield Fund, GSR Ventures, and Tenaya Capital. This round of funding occurred shortly after TripAdvisor acquired Kuxun.cn for $12 million. Qunar will be using the funding for marketing, branding, and other developments.
Categories GGV Capital, GSR Ventures, Mayfield Fund, Qunar.com, Tenaya Capital
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