Alibaba and Tencent have reportedly supplied $77m in funding for Baiwang, though the electronic billing software producer has disputed the size of the round.

Tencent has returned to lead a $297m series D round for big data technology producer MiningLamp, having co-led its $159m series C a year ago.

Paytm owner One97 Communications is reportedly seeking between $1bn and $2bn in a SoftBank Vision Fund and Ant Financial-backed round, at a valuation of up to $18bn.

The corporate-backed online pharmacy is in discussions with SoftBank over a $100m round that would potentially value it at $400m.

The healthcare-focused crowdfunding service collected $74.5m in the Tencent-led round, which will be used to add AI technology to its insurance platform.

Facebook is in talks to back several India-based content startups, including women-focused online community provider PopXo.

The Cisco-backed data analytics software provider boosted its total funding to $50m in a series C round led by Coatue Management.

Harel Insurance and Phoenix Insurance both backed a series C round that took the lidar technology developer's overall funding to $214m.

Sunshine Insurance co-led the recruitment software producer's series C round, which will fund the development of IfChange's candidate matching technology.

Flipkart has established a corporate venture capital fund with a reported $80m to $100m in capital that will be overseen by CFO Emily McNeal.