Hillhouse-backed Kujiale, a cloud-enabled home decor unicorn, agreed to acquire Modelo, a design assets management and showcasing platform for architectural design teams. Financial terms were not disclosed. "Modelo has mature products and solutions for architecture and real estate industries, which can be very useful for Kujiale's 3D architectural scenes as large as 20k sq. ft. The combined forces of Modelo and Kujiale will help our clients save expenses and achieve a better user-centric experience," Victor Huang, Kujiale Co-Founder and Chairman.