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RozBuzz, a news feed app dedicated to delivering aggregated mobile internet content to India's massive urban and semi-urban population, has officially announced the completion of its Series A funding round. **The round raised tens of millions of RMB, led by Shunwei Capital, with Xiaomi and Source Code Capital participating as co-investors.**
Mr. Wang Xiaoliang joined Source Code Capital in 2017. Prior to that, he interned at DiDi's Strategy Department and McKinsey & Company, and had a brief stint as an entrepreneur. Mr. Wang Xiaoliang graduated from the School of Economics and Management at Tsinghua University.
Three years since Source Code Capital's founding, the many member companies of the Source Code family have grown into a thriving forest. Ma Hui has also become a platform for Source Code Capital's entrepreneurs, LPs, and partners to connect and exchange ideas. We're launching a new mini-column: **Ma Hui Journal**, where we'll record our partners' incremental progress, share the joy of their growth, and look forward to an even brighter future.
B2B building-materials marketplace Zhangshang Fucai recently raised a RMB 20 million angel round from Source Code Capital and Buhuo Ventures. The funding will go toward acquiring seed users, validating its business model, and boosting sales.
On the morning of October 18, 2017, U.S. time, Qudian Inc. (NYSE: QD) — a Source Code Capital portfolio company and China's leading fintech firm — officially listed on the New York Stock Exchange, becoming the first overseas-listed stock in China's consumer finance installment sector. Qudian priced its IPO at $24 per ADS (American Depositary Share), offering 37.5 million shares. Before the underwriters exercised their over-allotment option (greenshoe), the IPO size
Lyu Yuemei joined Source Code Capital in 2014, focusing on industrial internet, consumer, and enterprise services. Her investment and portfolio management experience includes leading companies such as Yijiupi, Yimi Dida, and Ruigu. Prior to joining Source Code Capital, she worked at Wanxie Technology and CEC Capital, where she led M&A and integration efforts with publicly listed companies, accumulating seven years of experience in venture capital and investment. Lyu holds a master's degree from Beijing University of Posts and Telecommunications.
Three years since Source Code Capital's founding, many of its portfolio companies have grown into a thriving forest, and Ma Hui has become a platform where Source Code's entrepreneurs, LPs, and partners connect and exchange ideas. We're launching a new mini-column: **Ma Hui Journal**, where we'll document our friends' incremental progress, share in the joy of their growth, and look forward to an even brighter future.
On September 22, at the "Tech Leap, Value Potential — WISE x New Finance Industry Summit" hosted by 36Kr, the publication released its rankings of China's top 10 new-finance investment institutions, top 10 new-finance investors, and most perceptive new-finance investors.
Mr. Wu Di joined Source Code Capital in 2016, focusing on growth-stage projects and consumer investments. He participated in key investments including Toutiao and Zhangshangkuaixiao. Prior to Source Code Capital, Mr. Wu worked at bda, serving top-tier USD hedge funds and USD PE firms, with extensive research experience in e-commerce, gaming, and internet advertising. Mr. Wu holds a bachelor's degree in management from the University of International Business and Economics. Contact: wd@sourcecodec
On August 17, Juli Xinfang founder and CEO Wang Peng announced that Juli Xinfang had become the first new-home e-commerce platform to complete a Series B round. The round was led by Vertex Ventures China, with existing investor Source Code Capital continuing to participate, for a total of tens of millions of dollars.
