Toyota Tsusho, WR Berkley and Volvo Cars have co-led a $31m round for the AI-powered vehicle inspection technology provider that followed $4.5m of seed funding.

Mitsui has invested $14.5m in SmartE, which will use the proceeds to expand its fleet of electric-powered rickshaws and strengthen its charging infrastructure.

The human resources management software provider, which counts Digital Garage, Nissen and Tokio Marine & Nichido as investors, has secured $57m.

Lightspeed and Sequoia are selling part of their shareholding back to Oyo’s founder for a combined $1.5bn as Oyo also seeks to raise up to $1.5bn in new funding.

Lianjias's online real estate brokerage spinoff has secured $1.2bn at a reported $9.5bn valuation, with Tencent leading the round.

The unit has secured $270m in capital for its new early-stage fund ahead of a final close expected to take place in the next six months.

Hellobike is talks to raise $400m in an Ant Financial-led round that could increase the bicycle rental platform's valuation to $5bn.

Recruit Strategic Partners, Brand Capital and Visa have backed the series D round, which the digital payment platform developer plans to close at $25m.

The online streaming service is preparing an IPO after a Fidelity-led round that included corporate investors MNC, JTBC, Sky, Hearst and Yoshimoto Kogyo.

Baidu led the children's fiction provider's series C round, investing alongside fellow corporates New Oriental Education & Technology and TAL Education.