Hillhouse Capital

History

2022: Investing in Fenbeitong Corporate Spending Management Platform

In mid-February 2022, Chinese startup Fenbeitong raised $140 million as part of the C + series financing round, becoming another unicorn in the market. SaaS The company strives to become a leader in corporate spending management China in and, unlike its competitors who focused on providing SaaS services, works according to the SaaS+Payment model. The funding round was led by the fund. Yuri Milner DST Global Existing investors Hillhouse, Ribbit, Stau, Glade Brook and Bit Rock were joined by D1 Capital Partners, WhaleRock, Saudi Aramco's P7 Ventures and Emergence. As a result, the total amount of attracted investments reached $300 million. More. here

2021

Investing in South Korean delivery service Kurly

In mid-July 2021, South Korean product delivery startup Kurly raised $200 million in funding. The investment round of Series F was attended by Yuri MilneradST Global, Aspex Management, Sequoia Capital, Hillhouse Capital, Millennium Management and CJ Logistics Corporation. More details here.

Purchase of household appliances business from Philips for 3.7 billion euros

At the end of March 2021, Philips announced the sale of its household appliances division (Philips Domestic Appliances) to Hillhouse Capital. The value of the transaction is estimated at 3.7 billion euros. More details here.