Intel Capital and Info Edge-backed online insurance and loans marketplace operator eTechAces has raised $77m in a round that valued it at $500m.

Tencent, online services provider Sea's largest investor, has expressed interest in buying $100m of shares in the latter's forthcoming initial public offering.

Akatsuki Entertainment Technology Fund will target entertainment technology startups, with an initial focus on augmented reality.

Microsoft has joined Madrona Venture Group, Notion Capital and Vertex Ventures to launch a contest for early-stage AI startups called Innovate.AI with a total prize pot of $3.5m.

Education services provider New Oriental Education and Technology is looking to invest more than $300m in education startups and another $1.5bn in larger deals.

Tencent has led a $1.1bn round for Ola that included SoftBank, and the Indian ride hailing service is aiming to boost the round to $2bn.

The new E4 program is looking for startups in India with the potential to impact the future of energy and will offer support and up to $20,000 of investment.

The last-mile delivery services platform has raised $14.5m in a PSA International-backed round that was led by venture capital firm Gobi Partners.