# Ruisheng Asia

> Ruisheng Asia is a VC fund backing Travel, Automotive and Car Sharing. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Apr 2022
- Lead investor: 0%
- Last updated: Aug 2026

Ruisheng Asia is a VC fund focused on Travel and Automotive. Ruisheng Asia

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Travel | 1 | 33% |
| Automotive | 1 | 33% |
| Car Sharing | 1 | 33% |
| Ride Sharing | 1 | 33% |
| Transportation | 1 | 33% |

6 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ON TIME | ON TIME is a mobile travel service provider company. | $152.5M | Series A | Apr 26, 2022 |  |
| Ruqi Mobility | Ruqi mobility is a ride sharing platform. |  | Series A | Apr 26, 2022 |  |
| ON TIME | ON TIME is a mobile travel service provider company. | $141.7M | Series A | Apr 26, 2022 |  |

3 of 3 investments shown.

## Co-investors
- [Guangzhou Automobile Group](https://shizune.co/investors/profile/guangzhou-automobile-group) — VC Fund, 3 deals together
- [Guangzhou Industrial Investment Group](https://shizune.co/investors/profile/guangzhou-industrial-investment-group) — VC Fund, 3 deals together
- [Industrial Control Capital](https://shizune.co/investors/profile/industrial-control-capital) — VC Fund, 3 deals together
- [Lingnan Business Travel Group](https://shizune.co/investors/profile/lingnan-business-travel-group) — VC Fund, 3 deals together
- [Pilgrim Partners Asia](https://shizune.co/investors/profile/pilgrim-partners-asia) — VC Fund, 3 deals together
- [Pony.ai](https://shizune.co/investors/profile/pony-ai) — VC Fund, 3 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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### Similar country
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund
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- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund

## Featured in investor lists
- [Travel Investors in China](https://shizune.co/investors/travel-investors-china)
- [Travel VC Funds in China](https://shizune.co/investors/travel-vc-funds-china)

## FAQ

### What does Ruisheng Asia invest in?

Ruisheng Asia invests primarily in Travel, Automotive and Car Sharing startups, most often at Series A stage. Most of the 3 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Ruisheng Asia last invest?

The most recent investment recorded for Ruisheng Asia closed in Apr 2022. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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