Ping An Medical and Healthcare Management Co., Ltd announced that it has received $1.15 billion in funding from SoftBank Investment Advisers, SBI Holdings, Inc., SBI Investment Co., Ltd.
February 02, 2018
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Ping An Medical and Healthcare Management Co., Ltd announced that it has received $1.15 billion in series A round of pre-IPO funding on February 2, 2018. The transaction included participation from new investor SoftBank Vision Fund, a fund managed by SoftBank Investment Advisers, SBI Holdings, Inc. (TSE:8473) represented by Yoshitaka Kitao, and SBI Investment Co., Ltd. represented by Katsuya Kawashima. The round was raised at a post money valuation of $8.8 billion.
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.
Ping An Medical and Healthcare Management Co., Ltd announced that it has received $1.15 billion in funding from SoftBank Investment Advisers, SBI Holdings, Inc., SBI Investment Co., Ltd.
SBI HOLDINGS, INC. 
