Hua Insurance is in line for a bigger exit as Qingdao Victall Railway oversubscribes its planned initial public offering to raise as much as $172m in proceeds.

The peer-to-peer lending platform secured the backing of Kuok Group and existing investor Siam Cement Group to bring its lifetime funding to $40m.

6 Dimensions Capital led a round for mental health treatment portal Haoxinqing that will go to expanding the latter's R&D and partnership activities.

E-commerce supply chain business Shiprocket secured the return of Bertelsmann India Investments in a round earmarked for product development, recruitment and overseas expansion.

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

Kunlun has contributed to a $109m series B round for Kopi Kenangan that will allow the Indonesian coffeehouse chain to launch new products as well as expand nationally and overseas.

Lehe Food has secured the return of Meituan Dianping's DragonBall Capital with an eye on expanding its food distribution and supply chain business.

Asia-focused live streaming service M17 Entertainment raised $26.5m from investors including Kaga Electronics and ASE Global, two years after an aborted IPO attempt.

WeFit and Leflair are among the corporate-backed companies that have shut down amid Covid-19 closures.

Kingsoft’s cloud services subsidiary priced shares at the middle of the range but upsized the offering to raise $510m, with shares soaring 27% on the first day of trading.