The bank has received regulatory approval for a venture capital fund that can be sized at more than $29m but which will reportedly begin with $15m.

Iwasaki Gakuen and several banks have contributed to the second close of Sony and Daiwa's joint fund, which had raised $145m of a targeted $185m as of last month.

The classified listings operator, whose earlier investments include Zomato and ETechAces, has formed its first dedicated corporate venture capital fund.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Posco Ventures-backed lockscreen advertising publisher Buzzvil has secured funding from consortium Mega-7 Club to boost its overall funding to about $32m.

Nihon Unisys, Mitsui Sumitomo Card Company, Union Pay International, JCB, SoftBank, KDDI and Credit Saison are all set to exit the mobile payment technology developer.

Ingka-backed interior design services marketplace Livspace has increased its latest round to $60m, with a close of up to $100m expected next month.

Horizons Ventures led the round, which took the total raised by the Qualcomm, Alibaba, Thundersoft and Himax-backed edge AI chip developer to $73m.

Tiger Global and Steadview Capital provided the series B financing, which came roughly five years after a Paytm and Alibaba-backed series A round.

Mitsui Fudosan is set to exit the AIOps software developer, which has agreed to an acquisition by ServiceNow two months after its series B round.