The first Chinese fund of innoven capital has completed the first US $50 million raising

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On November 15, 2021, innoven capital (hereinafter referred to as “Yifeng capital”) announced that Yifeng Capital China fund phase I was officially established. This is the third fund established by Yifeng capital after India Fund and Southeast Asia Fund.
It is understood that Yifeng Capital China fund phase I has completed the first account closing of US $50 million, and the cornerstone investor is innoven capital, a joint venture between xingweinuo seviora (a wholly-owned subsidiary of Temasek group) and United Overseas Bank.