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Top 9 Startups Founded in Xuhui

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There’s no doubt that the startup scene in Xuhui is unique.

Dozens of successful startups have been founded there over the years.

Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from Xuhui, here’s an extensive list of 9 startups founded there.


9 Startups in Xuhui

1) Memu Play

1) Memu Play

Memu Play is a company that makes game-assist tools.

Details of the startup:

  • Started in: 2014
  • Founders: Xiaowei Yang
  • Industries: Gaming, Leisure, Media and Entertainment
  • Number of employees: 11-50
  • Funding amount: CN¥13,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

2) MediTrust Health

2) MediTrust Health

In China, MediTrust Health is a well-known medical innovation payment service brand.

Details of the startup:

  • Started in: 2017
  • Industries: Health Care, Internet, Medical
  • Number of employees: 251-500
  • Funding amount: $153,921,931
  • Number of funding rounds: 4
  • Number of investors: 9

You can find their website here.

3) Changingedu

3) Changingedu

Changingedu is a Shanghai-based app developer for online education services.

Details of the startup:

  • Started in: 2014
  • Founders: Liu Changke
  • Industries: E-Learning, EdTech, Education, Mobile
  • Number of employees: 101-250
  • Funding amount: $188,000,000
  • Number of funding rounds: 5
  • Number of investors: 7

You can find their website here.

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4) Transwarp

4) Transwarp

Transwarp is a company that creates big data software for businesses.

Details of the startup:

  • Started in: 2013
  • Founders: Yuanhao Sun
  • Industries: Big Data, Data Center, Information Technology, Software
  • Number of employees: 501-1000
  • Funding amount: $143,383,212
  • Number of funding rounds: 6
  • Number of investors: 12

You can find their website here.

5) Haizol.com

5) Haizol.com

HAIZOL is a professional online sourcing marketplace for custom parts and components in China.

Details of the startup:

  • Started in: 2015
  • Founders: Sherry She
  • Industries: B2B, E-Commerce, E-Commerce Platforms, Industrial, Internet, Manufacturing, Outsourcing
  • Number of employees: 101-250
  • Funding amount: $20,896,248
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

6) Magnet Finance

6) Magnet Finance

China's leader in small and microbusiness loans, as well as personal enterprise loans.

Details of the startup:

  • Started in: 2015
  • Founders: Qiang Yan, Wei Li
  • Industries: Financial Services, FinTech, Small and Medium Businesses
  • Number of employees: 11-50
  • Funding amount: $27,171,135
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

7) SOOGIF

7) SOOGIF

SOOGIF is a startup that provides a platform for amusing visual content.

Details of the startup:

  • Started in: 2015
  • Industries: Animation, Media and Entertainment, Social
  • Number of employees: 11-50
  • Funding amount: CN¥33,000,000
  • Number of funding rounds: 3
  • Number of investors: 4

You can find their website here.

8) Zhihuishu.com

8) Zhihuishu.com

Zhihuishu.com is a provider of educational materials and an online education provider.

Details of the startup:

  • Started in: 2008
  • Industries: Education, Internet, Training
  • Number of employees: 501-1000
  • Funding amount: $53,064,545
  • Number of funding rounds: 2
  • Number of investors: 4

You can find their website here.

9) TOPEASE

9) TOPEASE

TOPEASE is a company that delivers foreign trade information.

Details of the startup:

  • Started in: 2004
  • Industries: Finance, Information Services
  • Number of employees: 101-250
  • Funding amount: CN¥70,000,000
  • Number of funding rounds: 3
  • Number of investors: 2

You can find their website here.

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