Ola Electric Mobility has spun out of Ola with $56m in funding to focus on the electric vehicle ecosystem.

Intel Capital-backed online pharmacy 1mg is in the process of raising $70m in funding, with International Finance Corporation expected to contribute.

Ant Financial has co-led a $500m series C round for Danke Apartment, which previously collected funding from investors including Bertelsmann and Ucommune.

Part-time job search platform Qingtuanshe has raised at least $30m in funding led by Ant Financial and featuring Tal Education.

Baidu Ventures and Legend Capital helped put funding into an eight-digit dollar round for industrial computer vision technology developer Aqrose Technology.

The SenseTime and SBCVC-backed advertising technology developer has landed an investment from secondaries firm Tr Capital.

SoftBank Vision Fund has committed $1.5bn to Chehaoduo, whose past funding rounds include a $818m series C round led by Tencent a year ago.

VoiceAI Technologies collected funding from investors including Hong Kong X Technology Fund after launching a research collaboration with Hong Kong University of Science Technology.

Visa has contributed to an $85m funding round in BillDesk, despite reports last year that suggested the corporate could provide as much as $300m.

Tencent-backed Futu has set its range at $10 to $12 and stands to raise a maximum of $150m, half of the $300m it had initially targeted.