About Aicai Group
Aicai Group is a company based in Hangzhou (China) founded in 2016.. Aicai Group has raised $31.9 million across 1 funding round from investors including Zhongshunyi, Beijing Ultrapower Software and Rastar Group. Aicai Group operates in a competitive market with competitors including WeLab, Wacai, Dianrong, China Rapid Finance and WeLend, among others.
- Headquarter Hangzhou, China
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.9 M (USD)
in 1 rounds
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Latest Funding Round
$31.9 M (USD), Series C
Apr 28, 2017
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Investors
Zhongshunyi
& 2 more
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Employee Count
Employee Count
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Funding Insights of Aicai Group
Aicai Group has successfully raised a total of $31.9M through 1 strategic funding round. The most recent funding activity was a Series C round of $31.9 million completed in April 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $31.9M
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First Round
First Round
(28 Apr 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series C - Aicai Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aicai Group
Aicai Group has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Zhongshunyi, Beijing Ultrapower Software and Rastar Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Software development service provider
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Founded Year | Domain | Location | |
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Insurance policy management solutions are provided for businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aicai Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aicai Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aicai Group Comparisons
Competitors of Aicai Group
Aicai Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeLab, Wacai, Dianrong, China Rapid Finance and WeLend, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products are offered through an online platform.
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| domain | founded_year | HQ Location |
Personal finance ledger and management app and an advisory & distributor platform
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| domain | founded_year | HQ Location |
P2P platform for personal loans
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| domain | founded_year | HQ Location |
China Rapid Finance is recognized as a leading consumer lending marketplace in China.
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| domain | founded_year | HQ Location |
Personal loans are offered online through AI-driven credit assessments.
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| domain | founded_year | HQ Location |
P2P lending platform for borrowers and lenders is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aicai Group
When was Aicai Group founded?
Aicai Group was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Aicai Group located?
Aicai Group is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of Aicai Group?
Qian Zhilong is the current CEO of Aicai Group.
Is Aicai Group a funded company?
Aicai Group is a funded company, having raised a total of $31.9M across 1 funding round to date. The company's 1st funding round was a Series C of $31.9M, raised on Apr 28, 2017.
What does Aicai Group do?
Aicai Group was founded in 2016 in Hangzhou, China, within the financial services sector. Operations center on consumer finance targeted at young people, particularly college students. Three brands are managed: Aiyoumi, which facilitates online purchase financing for students; YZ Capital, a venture fund supporting tech startups by college entrepreneurs; and Chooseway, a service brand for student needs.
Who are the top competitors of Aicai Group?
Who are Aicai Group's investors?
Aicai Group has 3 investors. Key investors include Zhongshunyi, Beijing Ultrapower Software, and Rastar Group.