China Deal Monitor: Hillhouse leads $28m round in Lima Insurance and more updates

China Deal Monitor: Hillhouse leads $28m round in Lima Insurance and more updates

Lima Insurance Cloud, a cloud-based insurance solutions provider, has raised 200 million yuan ($28 million) in its Series A+ round of financing led by Hillhouse Capital, according to a company filing. 

Existing investors GGV Capital and Cherubic Ventures also joined the round. Lima raised its Series A round funding from GGV, Cherubic and Funcity Capital. 

Set up in 2017, Beijing-based Lima provides cloud and big data services to help insurance companies manage their operations efficiently.  

CHINA DEAL MONITOR

DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on December 3, 2019.