China: Media startup Er Geng raises $21m; Travel management platform Meiya bags $17m

The latest in the deals space in China has seen video content platform Er Geng and online travel agency Meiya raising funds from from venture capital firms. The investors include Vision Plus Capital, Zhen Fund, Fortune Capital and the nation’s development fund for small businesses.

Er Geng lands $21m investment led by Vision Plus Capital

Hangzhou-based venture capital firm Vision Plus Capital has led a RMB150 million ($21 million) series B funding round in a Chinese media startup Er Geng.

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