Chinese operator Anxin raises $43 million in funding rounds

George Sell George Sell Uploaded 11 May 2017

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China: Anxin Apartment has raised $43 million in Series B and B-plus rounds led by Qiming Venture Partners.

The Shanghai-based operator has raised RMB300 million ($43 million) Series B and B-plus round of funding led by Qiming Venture Partners, PCP and the East Fuhai, Baijiahao.baidu reported.

Anxin was founded in 2014 to cater to blue collar workers from various sectors. It is now aiming to shift its focus to serving executives and white collar workers. It operates serviced apartments in cities including Shanghai, Hangzhou, Wuhan, Guangzhou, Shenzhen, Beijing and Nanjing.

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