Medipal and Sony Innovation Fund by IGV were among the investors that boosted the liver disease drug developer's latest round to $52.6m.

Lenskart will exit the vision-testing app developer in an acquisition expected to be around the $100m mark, two years after investing $1m.

XCMG's industrial internet-of-things spinoff raised $42.9m from investors including Xinhua Daily Media Group, with Hillhouse Capital leading the round.

Guangxi Royal Dairy committed nearly half the capital for the venture firm's latest fund, which has closed at $86.7m.

BAIC Capital and the multi-corporate backed AI Alliance both featured in a round that brought automotive radar chip developer Arbe's total funding to $54m.

Bertelsmann India Investments and Sistema Asia Fund returned to invest in a round that reportedly valued the online food retailer at up to $300m.

Massive open online course provider XuetangX, a Tsinghua University spinout, has sealed series B funding to bring its lifetime haul to $46.9m.

Tsinghua University-backed Meten Education will merge with EdtechX to pursue market share with Chinese students and young professionals.

Intel Capital has scored an exit after its parent company bought AI training technology provider Habana in a $2bn deal.

The insurance group has closed its Ping An Capital subsidiary's second consumer-focused fund, the vehicle having committed more than half its capital already.