November has been the best month so far this year for private equity and venture capital deals in China, with new records set in both monthly deal volume and deal value.
Chinese startups raised a little over $7.6 billion across 143 venture capital (VC) and private equity (PE) deals in November, according to proprietary data compiled by DealStreetAsia. The deal value increased 7 per cent compared to October, and the number of transactions grew 37.5 per cent month-on-month.