E-Genie raises over RMB100m in a Sereis A financing round

E-Genie announced that it has raised over 100 million yuan in its Series A financing round. The investors are Vertex Ventures China and other top-tier institutions.

E-Genie announced that it has raised over 100 million yuan in its Series A financing round. The investors are Vertex Ventures China and other top-tier institutions.

Earlier, the company has bagged nearly 50 million yuan from its seed round, angel round and Pre-A round of financing from institutions including Innoangel Fund and Hongdao Capital.

Established in 2015, E-Genie is a clothing supply chain service platform. The company enters the market with a collaborative SaaS, providing services to branded enterprises, wholesalers, factories, channel retailers and other clothing industry chain companies.

E-Genie is committed to helping companies quickly integrate upstream and downstream resources through supply chain collaborative services, realize flexible production of the industrial chain and accelerate the pace of the supply chain, so that the company can keep up with the market trend, and support the market sales with a mode of rapid supply capacity and light inventory.

Xiang Qinghua, founder of E-Genie has 20 years of experience in enterprise management consulting, enterprise-level product planning, architecture, and operation. He is a manufacturing enterprise management consulting expert, supply chain expert, and enterprise-level product management expert.

Xiang served as senior executives in Shenzhen Telecom, Kingdee and other well-known enterprises; he has provided management consultation and solutions for Li Ning, Huawei, Procter & Gamble, China Merchants Group, Han’s Laser, and other Fortune 500 companies.

The core team of E-Genie comes from well-known enterprises such as Microsoft and Kingdee, and has extensive professional experience and technology in the fields of big data technology, automation, intelligence, AI algorithms and other fields.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/e-genie-raises-over-rmb100m-in-a-sereis-a-financing-round/.

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