Clothing manufacturers Nodo and F&F are among the limited partners for a fund with a $50m ceiling, while Line Ventures is also expected to invest.

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

SoftBank could invest $50m to $60m in e-commerce marketplace Snapdeal to lead a round that could possibly stretch to $100m.

Tencent has led a $28.4m round for financial planning advice provider Xiaobangguihua that included existing investor Reinsurance Group of America.

The digital gifting platform, which counts KDDI as its largest investor, expects to raise approximately $51.7m when it floats in Tokyo.

Online real estate platform 99.co raised $15.2m in a round that was co-led by Allianz X at a $75m post-money valuation, and plans to now expand in Southeast Asia.

ByteDance has paid an undisclosed amount for a 22.2% stake in the social referencing portal, in a bid to further take on rival Baidu.

Group 42 supplied $10m for the online services provider, whose existing investors include iDreamsky, Bertelsmann Asia Investments and Legend Star.

CAS-backed X-ray technology developer XpectVision Technology has added $14.2m to its coffers to drive the development of its mammography device.

Marico will acquire an additional 14.5% of fitness and wellness app developer Revofit over the next year having initially invested in 2018.