- July 11, 2017
- Posted by:
- Category: FundingSMEs.com
Baturu Information Technology has raised $100 million in Series C funding led by Warburg Pincus.
Founded in 2013, Baturu Information Technology is a private company offering the automotive aftermarket an auto parts supply chain system consisting of online transactions and offline services.
The support of Warburg Pincus will further enhance its operational and offline delivery capabilities, laying the foundation for continued expansion in China. The company’s immediate focus is on smooth operation and market expansion with the recent launch of the South China central warehouse and distribution center.
|Founder / CEO||Zeng Wangui|
|Previous Investors||Eastern Bell Venture Capital|
|Qifu Capital Management|