# Saif Partners: portfolio, investments and team

> Saif Partners is a private equity based in Hong Kong SAR China. 283 investments on record, 5 in the last 12 months, latest May 2026.

Source: https://millionrounds.com/fund/saif-partners (Millionrounds; every figure on the page links to its filing or article)

Hong Kong SAR China · [Investor](https://millionrounds.com/investors)

# Saif Partners

Last cheque observed May 2026; 283 cheques on record.

Email

Deploying now New fund, Sept 2009 Private equity

Growth Internet+ Tmt Healthcare

Follow Saif Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fsaif-partners)

Deploying now

**50%** of best year **5** **cheques in 12 months**, 283 on record

Since the last cheque **183** days **00** hrs **00** min **00** sec

Median round **$14M** Cheque size, as they say **$10M – $100M** Rounds led **5 of 283** Sole investor **113 rounds** Exits **10 from the portfolio** Mostly in **China, 29%**

Pitch Saif Partners

## Saif Partners highlights

- 01 5 cheques in the last 12 months
- 02 Mostly Series A and Series B: 61% of its rounds
- 03 Sole investor in 113 rounds, median $5.0M
- 04 10 exits from the portfolio

## What they do

> SAIF Partners is a leading private equity firm that provides primarily growth capital to companies in China From their own website

- **Type:** Private equity
- **Cheque size:** $10M – $100M as they say
- **Stages:** Growth
- **Sectors:** Internet+ Tmt Healthcare
- **Based in:** Hong Kong, Hong Kong SAR China
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **283 appearances**

- **2026** 4 rounds
- **May** **[Musely](https://millionrounds.com/company/musely)** Debt · TechCrunch **$360M** With 5 others
- **Apr** **[Spacety](https://millionrounds.com/company/spacety)** Venture · LU **Undisclosed** With 4 others
- **Feb** **[Mianbi Smart](https://millionrounds.com/company/mianbi-smart)** Venture **Undisclosed** With 1 other
- **Feb** **[West Lake Xinchen](https://millionrounds.com/company/west-lake-xinchen)** Seed **$15M** With 2 others
- **2025** 8 rounds
- **Dec** **[PRCXI Biotechnology](https://millionrounds.com/company/prcxi-biotechnology)** Venture **Undisclosed** With 3 others
- **Oct** **[Dudao Keji](https://millionrounds.com/company/dudao-keji)** Venture **Undisclosed** With 2 others
- **Oct** **[Epwk](https://millionrounds.com/company/epwk)** **$8.0M** Sole investor
- **Sept** **[Blue Wave](https://millionrounds.com/company/bluewave)** Venture **Undisclosed** With 1 other
- **Jul** **[TARS](https://millionrounds.com/company/tars)** Seed · CN · TechNode **$122M** With 9 others
- **Jun** **[Passion Intelligence](https://millionrounds.com/company/passion-intelligence)** Venture **Undisclosed** Sole investor
- **Apr** **[Ensonic](https://millionrounds.com/company/ensonic)** Series D **$14M** With 3 others
- **Apr** **[SEER Robotics](https://millionrounds.com/company/seer-robotics)** Series C **$9.6M** With 3 others
- **2024** 2 rounds
- **Sept** **[JTM](https://millionrounds.com/company/jtm)** Seed **$8.5M** Sole investor
- **Aug** **[Blitzscale Technologies](https://millionrounds.com/company/blitzscale-technologies)** Series B **$7.8M** With 3 others
- **2023** 2 rounds
- **Aug** **[Ansong Technology](https://millionrounds.com/company/ansong-technology)** Series C **$14M** With 1 other
- **Jan** **[MediTrust Health](https://millionrounds.com/company/meditrust-health)** Venture **Undisclosed** With 4 others
- **2022** 11 rounds
- **Nov** **[Able Jobs](https://millionrounds.com/company/able-jobs)** Seed **$500K** With 4 others
- **Aug** **[Reconova Technologies](https://millionrounds.com/company/reconova-technologies)** Venture **Undisclosed** With 2 others
- **Jul** **[Jaka Robot](https://millionrounds.com/company/jaka-robot)** Series D **$150M** With 3 others
- **Jun** **[AI Prime](https://millionrounds.com/company/ai-prime)** Venture **Undisclosed** With 3 others
- **May** **[Jeejio](https://millionrounds.com/company/jeejio)** Seed **$45M** Sole investor
- **Apr** **[Cocos](https://millionrounds.com/company/cocos)** Series B **$50M** With 2 others
- **Mar** **[LIGOO](https://millionrounds.com/company/ligoo)** Venture **$1.6M** With 2 others
- **Mar** **[Data Grand](https://millionrounds.com/company/data-grand)** Series C **$92M** With 3 others
- **Mar** **[Yuanshan AI](https://millionrounds.com/company/yuanshan-ai)** Series B **$32M** With 1 other
- **Mar** **[Jumeng](https://millionrounds.com/company/jumeng)** Series B **$100M** With 1 other
- **Feb** **[Tmeng.cn](https://millionrounds.com/company/tmeng-cn)** Venture **Undisclosed** With 2 others
- **2021** 7 rounds
- **Dec** **[Ayla Networks](https://millionrounds.com/company/ayla-networks)** Venture · US **$20M** With 3 others
- **Nov** **[DGene](https://millionrounds.com/company/dgene)** Series A **$20M** With 3 others
- **Sept** **[FrontRow](https://millionrounds.com/company/front-row)** Series A **$14M** With 3 others
- **Aug** **[Voodoo](https://millionrounds.com/company/voodoo)** Venture · FR **$316M** With 2 others
- **Jun** **[AInnovation](https://millionrounds.com/company/ainnovation)** Venture **Undisclosed** With 3 others
- **May** **[FarEye](https://millionrounds.com/company/fareye)** Series E **$100M** With 3 others
- **Feb** **[NuboMed](https://millionrounds.com/company/nubomed)** Series B **$16M** Sole investor
- **2020** 3 rounds
- **May** **[Data Ground](https://millionrounds.com/company/data-ground)** Series B **$38M** Sole investor
- **Mar** **[VIPioneers](https://millionrounds.com/company/vipioneers)** Venture **Undisclosed** With 1 other
- **Mar** **[Weijiechengpei](https://millionrounds.com/company/weijiechengpei)** Series B **$14M** With 2 others
- **2019** 25 rounds
- **Nov** **[Mosaic Wellness](https://millionrounds.com/company/mosaic-wellness)** IN · Inc42 **$10M** *Led*
- **Nov** **[Urban Ladder](https://millionrounds.com/company/urban-ladder)** IN · VCCircle **$2.1M** With 2 others
- **Nov** **[Codemao](https://millionrounds.com/company/codemao)** Series C · CN · China Money Network **$57M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

AY **Andrew Y. Yan** Director of SAIF IV GP Capital Ltd., the general partner of SAIF IV GP, L.P., the general partner of SAIF Partners IV L.P. Promoter will not be compensated directly from the offering proceeds. i Filing they signed

We also hold **23** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**4+** funds on file numbered funds in its name

Who backs their funds

## 1 LP on record in Saif Partners's funds

- **Committed:** $100M
- **Funds:** 1
- **Vintages:** 2007

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Mar 2026.

- [**California Public Employees' Retirement System (CalPERS)** 1 fund *$100M*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed SAIF Partners III 2007 $100M

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 2 we have independently watched raise

SAIF China SAIF AMC SAIF-Eagle Elevation Capital

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **10 in all**

**[SpoonJoy](https://millionrounds.com/company/spoonjoy)** Bought by Grofers **Undisclosed** Oct 2015

**[Niffler](https://millionrounds.com/company/niffler)** Bought by HelpChat **Undisclosed** Sept 2015

**[Supersonic](https://millionrounds.com/company/supersonic)** Bought by ironSource **Undisclosed** Sept 2015

**[Qikwell Technologies](https://millionrounds.com/company/qikwell-technologies)** Bought by [Practo](https://millionrounds.com/fund/practo) **Undisclosed** Sept 2015

**[Appiterate](https://millionrounds.com/company/appiterate)** Bought by Flipkart **Undisclosed** Apr 2015

**[58.com](https://millionrounds.com/company/58-com)** Listed **Undisclosed** Oct 2013

**[PPTV](https://millionrounds.com/company/pptv)** Bought by Suning **$400M** Sept 2013

**[ixigo.com](https://millionrounds.com/company/ixigo-com)** Bought by [SAIF Partners](https://millionrounds.com/fund/saif-partners) **Undisclosed** Aug 2011

**[Shanda Games](https://millionrounds.com/company/shanda-games)** Listed **Undisclosed** Sept 2009

**[SkyPilot Networks](https://millionrounds.com/company/skypilot-networks)** Bought by Trilliant **Undisclosed** Jun 2009

An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**[ixigo.com](https://millionrounds.com/company/ixigo-com)** **Undisclosed** Aug 2011

New fund on file

**Raised**

a new fund in Sept 2009

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Growth

Median round joined **$14M** the round, not its cheque Alone, median **$5.0M**

Led 5 of 283 rounds **2%**

- **Said size:** $10M – $100M
- **Sole investor:** 113 rounds
- **Last cheque:** May 2026
- **Exits:** 10 from the portfolio

Rounds by stage said on their site

- Series A *76*
- Series B *67*
- Venture *38*
- Series C *31*
- Seed *24*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [IDG Ventures](https://millionrounds.com/fund/idg-ventures) 12
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 11
- [Accel](https://millionrounds.com/fund/accel) 10
- [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 8
- [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) 6
- [Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) 6

**Pitching Saif Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Saif Partners. A count of rooms they were both in, not a relationship either has claimed.

[**IDG Ventures** VC firm **12** rounds together](https://millionrounds.com/fund/idg-ventures)[**Sequoia Capital** VC firm **11** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Accel** VC firm **10** rounds together](https://millionrounds.com/fund/accel)[**Qiming Venture Partners** VC firm **8** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**Elevation Capital** VC firm **6** rounds together](https://millionrounds.com/fund/elevation-capital-2)[**Kalaari Capital** VC firm **6** rounds together](https://millionrounds.com/fund/kalaari-capital)[**CDH Investments** Private equity **5** rounds together](https://millionrounds.com/fund/cdh-investments)[**DCM Ventures** Private equity **5** rounds together](https://millionrounds.com/fund/dcm-ventures)[**IDG Capital** Private equity **5** rounds together](https://millionrounds.com/fund/idg-capital)[**International Finance Corporation** Government **5** rounds together](https://millionrounds.com/fund/international-finance-corporation-ifc)[**Sinovation Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/sinovation-ventures)[**Steadview Capital** Growth equity **5** rounds together](https://millionrounds.com/fund/steadview-capital)

## Recently backed

The latest companies Saif Partners put money into.

[**Musely** $360M · May 2026](https://millionrounds.com/company/musely)[**Spacety** Apr 2026](https://millionrounds.com/company/spacety)[**Dudao Keji** Oct 2025](https://millionrounds.com/company/dudao-keji)[**Epwk** $8.0M · Oct 2025](https://millionrounds.com/company/epwk)[**Blue Wave** Sept 2025](https://millionrounds.com/company/bluewave)[**SEER Robotics** $9.6M · Apr 2025](https://millionrounds.com/company/seer-robotics)

## Quick answers about Saif Partners

### What does Saif Partners invest in?

Saif Partners invests most often at Series A and Series B (61% of the rounds on record), in sectors such as Internet+, Tmt and Healthcare.

### How active is Saif Partners?

283 investments on record, 5 of them in the last 12 months, and it led 5. The most recent was in May 2026.

### What has Saif Partners invested in recently?

Its most recent investments on record: Musely (Debt, May 2026), Spacety (Venture, Apr 2026) and Mianbi Smart (Venture, Feb 2026).

### How big are Saif Partners's cheques?

The median round it joins is $14M. It says it writes cheques of $10M to $100M.

### Does Saif Partners lead rounds?

Sometimes: it led 5 of its 283 investments on record (2%).

### Where does Saif Partners invest?

Most of the companies it backs are in China (29%), India (29%) and Luxembourg (14%).

### Is Saif Partners investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

### Who does Saif Partners invest alongside?

Most often IDG Ventures (12 rounds together), Sequoia Capital (11 rounds together) and Accel (10 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=saif-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=saif-partners)