Supply chain finance startup Linklogis has raised money in a series B round featuring Bertelsmann Asia Investments and existing investor Tencent.

The fund has invested an amount reported to be at least $2.5bn in e-commerce marketplace Flipkart as part of a round already sized at $1.4bn.

Cuorips, a spinout from Osaka University, has sold an option right for the commercialisation of a treatment for severe heart failure to Daiichi Sankyo in return for an undisclosed sum.

Lenovo Capital and Incubator Group has led an eight-figure renminbi round for Beijing NED+AR Display Technology, a developer of augmented reality optical modules.

SoftBank China and Legend Capital both participated in a round that the gastrointestinal cancer diagnostics device developer will use to expand its R&D activities.

The ride hailing companies have formed a strategic partnership to share resources and expertise which will involve Didi Chuxing investing in Careem.

The electric vehicle developer has not named the investors in its latest round but its existing shareholders include corporates Tencent and Foxconn.

Taikang Life Insurance and Lilly Ventures Asia have contributed to a $59.7m round for Hangzhou Just Biotherapeutics, a Chinese spinout of US-based Just Biotherapeutics.

Hearst has led a consortium of investors that included a range of existing shareholders such as Sky, Liberty Global, PLDT, Catcha and Evolution Media Capital.

Aikang Group, Beijing Capital Land and Star Group have participated in a pre-series C round for co-working space provider URWork.