China-based healthcare crowdfunding platform Shuidichou has raised nearly 500 million yuan ($74 million) in a Series B funding round led by internet giant Tencent Holdings, according to a statement from existing investor Gaorong Capital.
Gaorong, along with IDG Capital, DST Global founder Yuri Milner and others, also participated in the latest round. Citing data from Crunchbase, Shuidichou claimed that its Series B is the largest round ever raised by an internet health insurance platform.
