SBI led a Daekyo-backed round for cloud collaboration platform developer Toss Labs, whose earlier investors include Qualcomm and Softbank.

Corporates Tencent and China Life are among a range of investors participating in the round, which will fund the newly independent JD Logistics.

The e-commerce firm led rounds for Snapdeal totalling $184m in 2013 and 2014, but has written off $61m of its investment according to a financial report.

Ucommune, the corporate-backed co-working space provider formerly known as URWork, has raised $17.3m to take its overall funding to more than $470m.

Coiney, which is backed by Dentsu, CyberAgent and SBI, is set to merge with Stores.jp and form a payment technology company called Hey.

Sistema Asia Fund and Samsung Next both invested in the nutrition and fitness app developer, which will use the funding to expand internationally.

The corporate is one of nine co-investment partners rounded up by Spring Seeds Capital for a scheme that will operate over the next eight years.

The Xiaomi-affiliated smart wearable device maker has become the latest Chinese company to go public in the US, floating in the middle of its range.

Video sharing platform AcFun, which had raised at least $110m from backers including Youku Tudou and SoftBank, has shut down its operations.

Corporate venturing units Sistema Asia Fund and Bertelsmann India Investments took part in the round's $10.5m first close in September last year.