# Jiayun Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiayun-data

- Industry: Retail
- Headquarters: New Delhi, India
- Website: www.clubfactory.com
- Total disclosed funding: $200M
- Latest round: Series D (Oct 10, 2019)
- Investors on record: 6

## About

Jiayun Data Limited operates an innovative e-commerce platform, Clubfactory.com, providing a diverse array of consumer products directly from manufacturers to cost-conscious shoppers, enhancing the online shopping experience.Founded in 2013 in New Delhi, India, Jiayun Data Limited specializes in e-commerce, allowing consumers to purchase a wide range of products directly from manufacturers. The company has completed a total of 5 deals, with the most recent funding round, Series D, raising USD 100.00 mn on October 10, 2019. Investors in this round included BAI Capital, Frees Fund, IDG Capital, and Qiming Venture Partners. The company was co-founded by Aaron Li and Vincent Lou, with Vincent Lou currently serving as CEO.Clubfactory.com primarily offers a comprehensive online platform for e-commerce, specializing in a diverse range of consumer products. The company's main product offerings include electronics, fashion apparel, accessories, and home goods, catering to the needs of budget-conscious consumers seeking quality at competitive prices. The platform connects buyers directly with manufacturers and suppliers, facilitating a seamless shopping experience. This model provides cost savings and a wide selection, meeting various customer preferences. End users span a global market, with significant sales reaching customers across North America, Europe, and parts of Asia, demonstrating the company’s capacity to serve a broad demographic. Clubfactory focuses on enhancing customer satisfaction through its user-friendly interface and efficient logistics, aimed at resolving common pain points in the online shopping experience.For the year 2019, Jiayun Data Limited reported a revenue of USD 21.55 mn. The company’s revenue model revolves around direct consumer sales via its e-commerce platform, allowing for immediate transactions. Customers purchase products through the site, often utilizing promotional offers that enhance their shopping experience. The company employs a competitive pricing strategy, encouraging volume sales, and generates revenue mainly through direct-to-consumer transactions rather than wholesale channels. Its efficiency in handling orders contributes to a streamlined revenue flow, maintaining a robust operational framework centered on customer engagement and satisfaction.In October 2019, Jiayun Data Limited raised USD 100.00 mn in Series D funding, co-led by Qiming Venture Partners and supported by returning investors BAI Fund, Frees Fund, and IDG Capital. This funding is expected to support the company's plans for launching new products and expanding into additional markets. While specific upcoming products and their release dates are not detailed, the company aims to enhance its offerings and broaden its reach. Future expansion efforts are likely to focus on untapped markets in Asia and Europe, further solidifying its presence in the global e-commerce landscape.

## Funding rounds

- Series D, Oct 10, 2019, $100M — Qiming Venture Partners, IDG Capital, BAI Capital, Frees Fund
- Series C, Feb 11, 2018, $100M — IDG Capital, ZhenFund, BAI Capital, Frees Fund, Shanhai Capital
- Series B, Jan 1, 2017 — BAI Capital
- Series A, Mar 1, 2016 — IDG Capital, ZhenFund, Frees Fund
- Angel, Mar 1, 2015 — IDG Capital, ZhenFund

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Angel, Series A, Series C, Series D
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel, Series A, Series C
- Frees Fund (https://capitalatlas.ai/funds/frees-fund) — Series A, Series C, Series D
- BAI Capital (https://capitalatlas.ai/funds/bai-capital) — Series B, Series C, Series D
- Shanhai Capital (https://capitalatlas.ai/funds/shanhai-capital) — Series C
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series D