Hillhouse Co-Leads $52 Million Round In Japanese Restaurant Software Startup Dinii [Forbes]
JD.com, Inc. - American Depositary Shares (JD)
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Source: Forbes
Dinii has acloud-based platform for restaurant operators to manage orders, and analyze sales and customer preferences. AFP via Getty Images D inii, a Tokyo-based startup that provides cloud-based restaurant management software, has raised ¥7.5 billion ($52 million) in a round led by Chinese billionaire Zhang Lei's Hillhouse Investment Management and U.S. venture capital firm Bessemer Venture Partners. The Series B round is Hillhouse's and Bessemer's first startup investment in Japan, Dinii said in a press release on Thursday. Hillhouse, one of the largest private equity firms in Asia, is best known for its investments in Chinese tech giant Tencent and e-commerce behemoth JD.com. Its other startup investments include billionaire Chow Shing Yuk's logistics unicorn Lalamove and AI-powered drug discovery company Insilico Medicine, both based in Hong Kong. Portfolio companies of Bessemer, an early backer of Linkedin and Pinterest, includes Hong Kong travel booking startup Klook.
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