Existing investors Tencent and General Atlantic have supplied up to $11.4m of additional funding for Byju's, which was valued at at least $3.6bn as of December.

DSG Consumer Partners made a four-times return on its investment in corporate-backed Oyo, exiting as part of its recent $1bn round.

The Fosun-backed wedding services marketplace will use the proceeds from the series D-1 round to further develop its AI and big data technologies.

The South Korean government is set to lower the threshold for corporate venturing vehicles, though rules governing the practice will remain strict.

Gree's venture capital affiliate has secured $20m from undisclosed strategic investors for a second fund, following an $18.3m vehicle last year.

The corporate is putting some $500m into its revamped early-stage fund, as its Vision Fund passes 70% of its capital allocation.

Tencent invested $8m as the Chinese online brokerage floated at the top of its range in the US, at a valuation of more than $1.3bn.

The LeCloud and Qihoo 360-backed online video streaming platform will reportedly file for bankruptcy after failing to raise new financing.

CapitalG committed $4.7m to Aye Finance's $33.3m series D round, which closed in conjunction with a $2.2m debt investment from Karvy Capital.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.