JD Health has backed a $93m series D round for Rimag, while a couple of India-based startups delivered exits.
Funding
China-based medical imaging services provider Rimag has secured more than RMB600m ($93m) in a series D round co-led by JD Health, the healthcare division of e-commerce group JD.com, and Tongfu Fund, according to DealStreetAsia. OrbiMed Healthcare Fund Management and Neovision Capital also contributed. Baidu Ventures, the corporate venturing arm of internet company Baidu, led a $63m series B round in February 2018, which participation from Neovision Capital, Goldman Sachs China, Huayu Rongchuang, Beijing Huaxin Century Investment Group and Zeyue…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
