World of Connections Shanghai is a wrap! 5G and developing markets drives disruption
More than 800 entrepreneurs, VC investors, and experts gathered together at World of Connections Shanghai organized by NGP Capital.
China articles
Bringing AI to online education in China
A perfectionist at heart, Derek Li is working on perfecting an AI algorithm that will improve the impacts of tutoring in China; a market where most students continue their education after hours with a tutor. We sat down with Derek to talk about market dynamics and next steps for Squirrel AI.
MIT Technology Review: China has started a grand experiment in AI education. It could reshape how the world learns.
In recent years, the country has rushed to pursue “intelligent education.” Now its billion-dollar ed-tech companies, like Squirrel AI, are planning to export their vision overseas.
Here is How AI is Bringing Equality to Education in China
Squirrel AI, NGP Capital's investment in China, is one of the few companies that specializes in intelligent adaptive education in China.
Shared Urban Mobility – Lessons from China’s 250M two-wheelers
Shared two-wheeled transport is China’s latest greatest export. As city officials and residents wonder where these vehicles came from and where they are going, we can look to China for guidance.
NGP Capital leads Chunmi’s C+ financing, enhancing its investment in IoT
Xiaomi-backed Chunmi has announced the completion of a $20 million C+ round of financing. This round of financing was led by NGP Capital with participation from Yingke PE, using China Renaissance Group as the financial adviser.
Lime's Next Chapter In Smart Mobility Backed By GV And Uber
Lime raises new $335 million round led by GV and Uber with participation from NGP Capital and others.
Quiknos raises almost RMB 100M in Series B led by NGP Capital to further enhance the primary medical service in China
Quiknos, a Chinese primary healthcare service provider announces the close of an RMB100M Series B financing led by NGP Capital. Softbank China and Chengde Capital participates in the round. The funding will be used for user acquisition, regional expansion and R&D.
Xiaoxun, keeping children in China safe and healthy
We are pleased to lead Xiaoxun’s $12M Series B round
Gridsum Holding (GSUM) IPO Opens Up 17%
September 23 Today's IPO for Gridsum Holding Inc. (NASDAQ: GSUM) opened for trading at $15.25 after pricing its initial public offering of 6,700,000 American depositary shares (ADSs) was priced at
58.com Acquires Strategic Stake in Ganji.com
58.com Inc. (NYSE: WUBA) (“58.com” or “the Company”) today announced that it has acquired a strategic stake in Falcon View Technology Limited (“Ganji”), the
NGP’s global thematic strategy in action
In one of the largest Internet deals this year, China’s two leading local marketplace platforms Ganji and 58.com are combining forces to form a local services