Ovo has acquired the mobile video technology developer for just over $10m, with Incoming backers Intel, Citrix and Warner Brothers getting stakes in Ovo.

Singha Ventures will invest in areas such as consumer products, retail, logistics, enterprise healthcare and renewable energy as well as other funds.

The healthcare innovation services provider has joined forces with Tikehau Capital for a fund called TKS1 that has reached its first close.

Rocket Internet-backed short-term accomodation provider Zen Rooms is in talks with investors for a sale as its capital reserves reportedly dwindle

Used car e-commerce platform Carsome has secured $19m in a series B round led by Burda Principal Investments that will fund growth in Southeast Asia.

Alibaba has led a $866m debt and equity round for bicycle rental service Ofo having reportedly bought $3bn of stock in January.

Cofco and China International Capital are in talks to lead a round that would value JD.com's financial services spinout at up to $30bn.

The corporate could bring its $97.7bn Vision Fund and Fortress Investment asset management activities under an umbrella called SoftBank Financial Services.

Bytedance has reportedly led the online education provider's series E round, bringing its overall funding to more than $335m.

SIG Asia contributed to an $11m round for the hotel booking portal, boosting its overall financing to more than $18m.