The travel booking platform, backed by Ctrip, Dalian Wanda and Tencent, has priced shares at the bottom of its range and raised $180m in its initial public offering.

Walmart, which closed its $16bn acquisition of a 77% stake in Flipkart in August, has boosted its share of the e-commerce marketplace to 81.3%.

SoftBank's Vision Fund supplied $2bn for the e-commerce marketplace at a $9bn valuation, three years after a $1bn investment by its parent company.

SoftBank has reportedly led a round that valued the peer-to-peer e-commerce platform, which also counts Alibaba and CyberAgent as investors, at about $7bn.

After three years as head of India for Alphabet unit CapitalG, Kaushik Anand has left to join a venture capital firm recently founded by former Sequoia executives.

Visa has provided a reported $200m in equity funding for bill payment platform BillDesk and bought up to $100m worth of shares in a secondary transaction.

Leap Motor has received $288m in a round co-led by Shanghai Electric and CRRC as it prepares to launch its smart electric sports car early next year.

Drone provider Autonomous Control Systems Laboratory plans to float on December 21, having raised at least $25m in VC funding from investors including Rakuten.

The community-focused e-commerce platform has raised series A funds from investors including Ping An Ventures and SIG Asia.

The Hakim Unique, Shanda Interactive and Dong Yi Ri Sheng-backed lending platform raised $45m, floating in the middle of its range.