 "Valued at $45 bn, Xiaomi raises $1.1 bn in fresh funding")
Beijing: China’s Xiaomi Inc, one of the world’s fastest-growing smartphone makers, has raised $1.1 billion in a round of funding that values the privately held company at $45 billion, Chief Executive Lei Jun said Monday on social media. [caption id=“attachment_2020881” align=“alignleft” width=“380”]  Reuters image[/caption] Investors include private equity funds All-Stars Investment, DST Global, Hopu Investment Management, and Yunfeng Capital, as well as Singapore sovereign wealth fund GIC, Lei said on Weibo. Reuters
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