China’s Glory Ventures raises over $188m for RMB Fund IV, targets $235m …
Shanghai, China. Photo by Li Yang on Unsplash
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Glory Ventures, an early and mid-stage IT sector investor, has raised over 1.2 billion yuan ($188.4 million) for its fourth RMB-denominated fund with a final fundraising target set at 1.5 billion yuan ($235.4 million).