China Digest: GGV leads $14m in Rongyisuan; Hugo Biotech raises funding

China Digest: GGV leads $14m in Rongyisuan; Hugo Biotech raises funding

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GGV Capital has led a Series A+ round of nearly 100 million yuan ($14 million) in Chinese tax and accounting startup Rongyisuan, while Beijing-based Hugo Biotech has also raised almost 100 million yuan ($14 million) in its first funding round.

GGV leads funding in accounting solutions provider Rongyisuan

Rongyisuan, a Chinese startup that provides customized tax and accounting solutions for corporate customers, has raised nearly 100 million yuan ($14 million) in a Series A+ round of financing led by global venture capital firm GGV Capital.

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