The corporates invested $52.6m in Canxing, a television production company best known for its talent shows, at a valuation of about $2.5bn.

A $1bn investment by Toyota was matched by backers including Ping An and Naver, valuing the on-demand ride service at $11bn post-money.

Additor, AND Global, Elumium, Groovy Antoid, Immersive Systems, Jazzy Pay, Retarget Links, Rooit, Talk-A-Bot and Shoffr are Rakuten Accelerator's first entrants.

Spice Digital has exited Luharia, the operator of online lending marketplace AnyTimeLoan, having invested late last year.

Yanolja has provided funding as part of a deal that gives it the option to wholly acquire the short-term accommodation booking platform.

Existing investor Hero MotorCorp has agreed to supply $18.9m of convertible debenture financing for electric scooter developer Ather Energy.

Ada, a digital advertising technology spinout from Axiata, has received $20m in a strategic investment by Sumitomo.

Cancer immunotherapy startup Curon Biopharmaceutical has raised $150m in series A funding from backers including the WuXi AppTec-backed 6 Dimensions Capital.

Ping An Ventures was among the participants in China Diagnostics Medical Corporation's latest round, which was co-led by Legend Capital.

GLP co-led the petroleum trading platform's series C round, just under a year after another corporate, Huochebang, backed its series B.