The China-based group buying service is set to float at the top of its range today, with Tencent remaining its largest investor.

The corporate got a $9.7m return from the acquisition of video analysis software provider by Canon that was agreed in May.

The corporate could provided $300m to $500m of funding to help the India-based short-term room provider expand into China.

Bharat Innovation Fund has raised $50m from LPs including Philips, ICICI Lombard and Bajaj Electricals on its way to a $100m close.

Legend Capital led a $22.2m round for the microsatellite developer that included a fund backed by property developer Galaxy Holding.

Flame Centre for Entrepreneurship and Innovation has launched with plans for a five-month accelerator that will support between 10 and 15 startups.

Concord Medical's radiotherapy-focused spinoff has raised new funding from investors including a China Electronics Corporation Data-owned fund.

The fund, affiliated with IIM Ahmedabad, has raised approximately $50m for its first close two years after first being announced.

Comcast Ventures was among the investors that put up $12.5m of financing for the care advice app developer.