1. Beijing-based Online Education Company Uniquedu Lands A 300 million RMB ($47 million USD) Series B
Beijing-based online education company Uniquedu snapped up a 300 million RMB ($47 million USD) series B fundinground led by Shenzhen-based Qianhe Capital and former investor Fosun Kinzon Capital.
Founded in 2010, Uniquedu previously raised $20 million USD series A funding from Fosun Venture Capital in 2014. Founded as an offline education service, the company provides a MOOC platform called Kaikeba with more than 900 professional training courses on technology subjects including mobile internet, cloud computing, big data, internet marketing, internet of things, smart wearable devices, and fintech.
2. Shanghai-Based Salesperson Crowdsourcing Platform, eBroker Raises 1 Million USD Angel Investment
Salesperson crowdsourcing platform eBroker (eDaili in Chinese) has raised 1 million USD in angel investment led by China Renaissance K2 Ventures. Shanghai-based eBroker is a salesperson crowdsourcing platform for companies that make products in the domain of finance, health and education.
By combining models similar to Uber and Salesforce, companies can crowdsource salespeople to broaden sales channels with low expenditure. Companies can apply to put their products on the curated platform, then eBroker will bring in and train sales personnel to sell the product to potential customers on behalf of the client company. eBroker takes commission only when a certain number of sales are made.
“We already gathered more than 100 products, mainly overseas high-end products, including insurance, real estate, medical treatment and education,” said eBroker CEO Max He. He believes the ratio of client companies to sales people should be between 1:10 and 1:20 for the platform to be viable. He noted that the latest round of funding will be injected to recruiting new employees and increasing sales personnel on the platform.
3. Beijing-Based Video Content Creator Crazy262 Seals 10 Million RMB Pre-A Round
Beijing-based video content creator Crazy262 (also known as Guangsushiguang Network and Technology Ltd.) sealed a 10 million RMB pre-A funding round.
The internet video making company makes science-themed internet video programs, similar in style to those of Discovery Channel. Founded in early 2015, their programs have a strong following among male viewers between 18 to 30 years of age on Tencent Video, Youku Tudou, Sohu Video, iQiyi, Fenghuang, LeTV, and Xiaomi TV.
Image Credit: Uniquedu, eBroker, Crazy262