KeyTone Ventures Leads $20M Series B In Chemayi

Chinese automobile after-sales service platform Chemayi has completed US$20 million series B round of financing led by KeyTone Ventures, according to media reports.

Existing investor, Morningside Ventures, also participated.

Founded in 2010, Chemayi received US$2 million series A funding from Morningside in 2013.

Chemayi provides auto maintenance, repair, cleaning and decoration services via its online platform and mobile apps.

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