Paytm has paid an undisclosed amount for the AI technology developer, which raised $7.7m in a Flipkart-backed round in 2015.

Food preparation services provider Loyal Hospitality will partner Zomato, which has invested $5m out of a planned $15m, on food deliveries.

The PayPal and Qualcomm-backed financial services app developer has received $40m from GIC and Sequoia China, taking its total funding to $117m.

The Indian innovation ecosystem is slowly catching up with that of the US, but more needs to be done, argue Tarun Khanna and K Vijay Raghavan.

M17 Entertainment, backed by MCN, Yahoo Japan and LeSports, rang the opening bell on NYSE last week but never began trading.

Fosun-backed online pharmacy operator Yaoshibang has added Susquehanna International Group to its shareholders following a series C round raised over two tranches.

The Ping An-backed trading platform has put its plans for initial public offering on hold and is instead seeking up to $2bn in funding at a valuation of $40bn.

Tencent is exploring an investment in games publisher Bluehole in exchange for a 10% stake.