IFC may inject $15m in China's Sinovation Fund

IFC may inject $15m in China's Sinovation Fund

VC word cloud. Credit:Barrie Entrepreneur Connect

International Finance Corporation, the private lending arm of the World Bank, may come in as an investor by injecting $15 million in China-focussed fund, Sinovation Fund III LP, headed by noted technology sector veteran Dr Kai Fu Lee.

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