Fresh Capital, a Chinese venture capital firm focusing on the consumer sector, has raised RMB530 million (US$77.05 million) for a new RMB-denominated fund, according to a company statement on Wednesday. The new fund was oversubscribed by institutional investors including funds of funds (FOFs), family offices and entrepreneurs in China, said Fresh Capital in the statement. […]

Chinese VC Firm Fresh Capital Closes $77M RMB Fund For Consumer Sector comes originally from China Money Network. All Rights Reserved.