Business
Dinii, a Tokyo-based startup that provides cloud-based restaurant management software, has raised ¥7.5 billion ($52 million) in a round led by Chinese billionaire Zhang Lei’s Hillhouse Investment Management and U.S. venture capital firm Bessemer Venture Partners. The Series B round is Hillhouse’s and Bessemer’s first startup investment in Japan, Dinii said in a press release on Thursday. Hillhouse, one of the largest private equity firms in Asia, is best known for its investments in Chinese tech giant Tencent and e-commerce behemoth JD.com. Its other startup investments include billionaire Chow Shing Yuk’s logistics unicorn Lalamove and AI-powered drug discovery company Insilico…
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