Amount Raised
$13 Million
Round Type
Venture
GuangzhouInvestment ManagementInvestors
Description
Puyi announced that New Dragon Group (Far East) Limited will invest approximately US$13 million in the company through share purchase agreements, resulting in New Dragon holding approximately 1.1% of Puyi's enlarged outstanding ordinary shares.
Quick answer
Puyi raised $13 Million in a funding round, dated January 18, 2024. Investors: New Dragon Group (Far East) Limited. Puyi is based in Guangzhou, Guangdong, China.
- How much did Puyi raise?
- Puyi raised $13 Million in a funding round on January 18, 2024.
- Who invested in Puyi?
- New Dragon Group (Far East) Limited is named as investors in this round.
- What does Puyi do?
- Puyi (NASDAQ: PUYI) is one of the largest third-party wealth management company in China which focusing on mass affluent and emerging middle class population, with a roughly 10.4% market share based on 2017 transaction..
- Where is Puyi based and how big is it?
- Puyi is based in Guangzhou, Guangdong, China.
- Who are the decision-makers at Puyi?
- Fundz holds 1 contact at Puyi. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Investment Management around the same time
Companies in the same sectors as Puyi that raised within 45 days of this round, from Fundz verified event records.
- Meketa Capital raised $11M on February 1, 2024.
- REVITATE PCS raised $6M on January 2, 2024.
- Crescenta raised $3.8M (Pre-Seed) on December 20, 2023.
Who to call at Puyi, and when
A new round usually means Puyi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Puyi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Puyi, from your own LinkedIn network
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Related People
Puyi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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