Founded in 2005, Bojiang Capital focuses on investing in startups with 2-3 years of age and typically avoids startups with 3-4 founders. The fund has a strong presence in the tourism and SaaS industries and has invested in popular startups such as Fangcang and Fadada.com. Bojiang Capital is known for its active investment activity, typically participating in 2-6 deals per year, with investment amounts ranging from $10-50 million. The fund has a higher exit rate compared to other organizations and often co-invests with IDG Capital, The Hina Group, and Sequoia Capital China. The current fund was established by Huali Shi, Jianping Ruan, Min Lin, Wei Luo, and Yuxi Yang.