China Digest: Huisuanzhang raises $30m; Sequoia backs Yitaichang; Vipmro funding

The Chinese Communist Party (CCP) seal displayed inside the Great Hall of the People prior to the opening session of the National People's Congress in Beijing, China, on Friday, March 5, 2010. Photographer: Nelson Ching/Bloomberg

In multiple funding deals in China, finance and tax management platform Huisuanzhang has raised $30 million capital led by IDG and Tendence Capital. Fast food takeaway brand Yitaichang has raised investment from Sequoia Capital while maintenance service platform has raised $16.6 million series B from investors including Yunqi Partners, China Money Network reported.

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