Chandigarh Angels Network has signed a memorandum of understanding to offer the Indian university's innovators early-stage funding and expertise.

On-demand grocery delivery service InstaShop had reportedly raised just $7m prior to the acquisition, with Souq and Jabbar Internet exiting.

Huike Group's IT education spinoff has secured $79.7m from Gaorong Capital and GL Ventures seven years after it was launched.

Alibaba has paid a nine-figure renminbi amount for a stake in its strategic partner Helijia, which markets beauty services to consumers through a mobile app.

The CRM software producer formerly known as Xiaoman has raised a nine-figure renminbi amount from strategic investor Alibaba.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The Alibaba, Xiaomi, Foxconn, UCar and Duowan-backed smart electric carmaker has floated in the US through an offering valuing it in excess of $21bn.

AI pathology aid developer Medmain, a Kyushu Universty-aligned startup, will use the capital to support international expansion.

Medical equipment maker Yuanzhi Technology led a $43.5m round that will fund work on BGI-backed YuceBio's TMB biomarker.

Fukuoka Wajiro, SoftBank and Kyushu Power helped pathology imaging system and software provider Medmain raise $10.3m in its second funding round.