SoYoung, the China-based cosmetic surgery booking portal that counts internet company Tencent as an investor, has raised an undisclosed nine-figure renminbi sum (RMB100m = $15.9m), Kr Asia has reported.
The round was led by private equity firm Orchid Asia and also featured Matrix Partners China, a local affiliate of US-headquartered venture capital firm Matrix Partners, and growth equity firm Trustbridge Partners, according to China Money Network.
SoYoung runs an online booking platform for cosmetic surgery procedures supplied by about 6,600 registered hospitals and more than 25,000 surgeons across five Asian markets. It also allows users to share details of their experiences online.
The latest funding comes just two months after growth equity fund Apax Digital and alternative asset management firm CDH Investments co-led a $60m series D round for SoYoung that included Matrix Partners China and Trustbridge Partners.
Tencent had provided $50m of funding for the company in early 2016 at a valuation of just over $460m. It has not disclosed firm details of its earlier funding, but is reportedly considering an initial public offering in its home country at some point in the future.