China’s Orchid Asia leads funding in delivery platform Fantuan, edtech startup Ivydad

Ivydad

Chinese private equity firm Orchid Asia has led Series B funding rounds in two startups – Canada’s delivery service platform Fantuan and Beijing-based edtech brand Ivydad.

Orchid Asia leads $35m funding in Fantuan Delivery

Canada-based Asian food and services platform Fantuan Delivery has closed a $35-million Series B round led by Chinese PE firm Orchid Asia, per a company statement on Tuesday.

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