RXi Pharma, the Opko Health-backed firm, secures $26m.

Sri Lankan apparel maker MAS Holdings backs Attune to the tune of $20m.

Kakao, a South Korea mobile technology company that owns mobile messaging service Kakao Talk and social network Kakao Story, will start to invest in start-ups in its domestic market with a government-supported $27m investment fund.

Alongside Qualcomm Ventures and Nokia Growth Partners, both new investors in Pelican, in the round were venture capital firms Globespan Capital Partners, Granite Ventures, InterWest Partners and IQT.

A line of corporate venturing units have backed second-hand car online auction site Youxinpai.

Network18, India's fastest growing media and television group, sees future in India's teleshopping market with $30m investment into TV18 Home Shopping Network.