Digital Garage and Daiwa Securities are the general partners for DG Lab Fund II, which recently achieved a first close on its way to a $188m target.

The corporate contributed to a series B-plus round for second-hand goods trading platform Plum that will fund marketing and the bolstering of its services.

The online coding course company banked $21m in a round led by New Oriental Group that included Oceanwide Holdings and Baicizhan.

Al Nassar-backed farm-to-plate food provider FreshToHome took its total funding to $33m with a series B round led by Iron Pillar.

The insurance analytics platform, incubated by insurer ZhongAn, has raised cash from Sequoia Capital China and Kuanping Capital.

Existing backer Tencent has reportedly pulled out of a $150m contribution to a round that would have valued the online teaching service at $4.5bn, due to regulatory concerns.

Vipin Agarwal, formerly senior director for India at Fosun RZ Capital, has stepped down after 20 months in which he managed 11 investments and exits.

WuXi AppTec took part in a $30m series C round for care provision software producer Huimei Technology that included the latter's parent company, Huimei Healthcare.

TAL Education helped boost the tutoring platform operator’s overall equity and debt financing to more than $59m, having previously invested $5m in November.

The construction site communication app developer has boosted a round featuring Salesforce Ventures and Globis Capital Partners to $18.8m.