Tencent and Bertelsmann Asia Investments have returned for the online fitness class provider's series D round, boosting its total funding to $187m.
China-based fitness app provider Keep has raised $127m in a series D round that included internet company Tencent and media conglomerate Bertelsmann, China Money Network reported today.
The round was led by investment banking firm Goldman Sachs and also featured GGV Capital and Morningside Venture Capital. Bertelsmann participated through corporate venturing subsidiary Bertelsmann Asia Investments (BAI).
Founded in 2014, Keep operates a mobile app that offers free online fitness courses with features such as personalised training routines. It opened its…
