Vertex Ventures has exceeded the $150m target for its latest fund, securing external investment for the first time from Kasikornbank.

Jolly Information Technology has contributed to a series C round worth tens of millions of dollars for logistics services provider Fengxiansheng.

Healthcare crowdfunding platform Shuidi has collected $24.3m in a series A round co-led by Tencent and BlueRun Ventures.

Beijing Kunlun Tech-backed Kaistart has added $29m to its coffers in a round led by Yunfeng Capital.

SoftBank, Line, Naver and AMTD are among the investors in a $33m series C for Appier, which closed its $42.5m series B round in December 2016.

Bertelsmann Asia Investments has returned to back a $34m series C round for Treebo Hotels, having previously led a $16.6m series B just over a year ago.

The payments and fintech group has allocated a total of $23m to investments in fintech startups and verticals in India.

Legend Capital has celebrated an exit as Berry Genomics completed a reverse merger with Chengdu Tianxing Instrument and Meter in a deal worth $653m.

Alibaba-backed Best hopes to raise $1bn in a flotation on the New York Stock Exchange.