Amount Raised
$500 Million
Round Type
Venture
GuangzhouInvestment ManagementInvestors
Description
Puyi Inc. announced a significant investment from Singapore White Group Pte. Ltd., with up to US$500 million intended to be invested in Puyi, along with up to US$500 million in Fanhua Inc.
Quick answer
Puyi raised $500 Million in a funding round, dated February 6, 2024. Investors: White Group Pte. Ltd. Puyi is based in Guangzhou, Guangdong, China.
- How much did Puyi raise?
- Puyi raised $500 Million in a funding round on February 6, 2024.
- Who invested in Puyi?
- White Group Pte. Ltd. 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.
- MFA Financial raised an undisclosed amount (Series B) on March 4, 2024.
- Meketa Capital raised $11M on February 1, 2024.
- REVITATE PCS raised $6M on January 2, 2024.
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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Fundz sees it the moment Puyi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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