Online pharmacy Netmeds has raised $14m in a round featuring Sistema Asia Fund that follows $50m in financing secured two years ago.

The Bertelsmann-backed short-term accommodation platform has received $120m in a round that valued it at $1bn or more.

The automotive e-commerce marketplace has raised $335m in a round led by Alibaba, which is now its largest external investor.

Foxconn, SK Group and Ant Financial have participated in a $460m funding round for Megvii, the facial recognition software provider also known as Face++.

The language translation software developer has received seed capital from investors including a joint venture backed by Meiya Pico.

Bond portfolio management platform BondIT has received $14.3m in funding from Fosun, which plans to help it expand in China.

Lendingkart unit Lendingkart Finance has secured $24.9m in debt and equity financing from backers including Tata Capital Financial Services.

The deep learning technology developer is combining with one of its investors, CDH Investments, and aims to raise more than $450m for the fund.

Posco-backed Althea will use the capital to expand internationally and boost the range of beauty products it sells online.

The series A round, which included SPH Ventures and Kickstart Ventures, will support the retail analytics provider's entry into new markets.