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China’s Largest Insurer Announces $1 Billion Fin-Tech/Healthcare VC Fund



China’s Ping An Insurance Group, its largest insurer by market value, announced a plan to launch a $1 billion international fund that will invest in fin-tech and healthcare startups. In healthcare, the company offers Ping An Good Doctor, a mobile app, which has 140 million users.

The initial size of Ping An’s Global Voyager Fund will be $1 billion. Ping An’s overseas ambitions mirror those of other Chinese firms that are spending billions on overseas acquisitions in a bid to acquire emerging medical device and healthcare technologies and bring them to the fast growing Chinese healthcare market.

China Med Device, LLC, specializing in providing turn-key solutions for medtech companies entry into China and accelerate medtech and medical device companies’ growth with needed capital injection, funding partnership, merger and acquisition consulting. If you have any feedback on this post or would like to know more of our services, please email us at or visit us at

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