University corner: India

Jay Eum, TransLink Capital, lends his advice to Asian corporations looking to collaborate with early-stage US technology startups.

Itochu Technology Ventures was among the investors in a $10.8m round closed as the drone technology developer rebranded from V-Cube.

Baidu and Sunshine Insurance have supplied $150m in funding to Lionbridge, a week after Baidu announced a collaboration deal with the leasing service.

Baidu remains the largest investor in the home renovation marketplace, which went public with a $748m market cap.

Existing investor JD.com returned for a Tiger Global-led round that valued the electronics recycler at more than $1.5bn.

Meituan Dianping's investment arm has raised $300m from a consortium featuring the corporate itself as well as Tencent and New Hope.

Cainiao Networks has taken a controlling stake in the logistics service provider, which already counted Cainiao parent Alibaba as an investor.

The SIG-backed digital media company is reportedly considering an initial public offering in its home country.