M17 Entertainment, formed by the merger of corporate-backed startups Paktor and 17 Media, has raised $40m in a series A round featuring Yahoo Japan.

Corporate-focused food ordering platform Meican, which counts Nokia and Meituan-Dianping as investors, has raised cash in a Goldman Sachs-led round.

Mobikwik has received $35.3m from new strategic partner Bijaj Finance as it looks to expand its mobile payment and wallet platform into lending and insurance.

The e-commerce advertising security company, which counts Adler-Chomsky among its investors, has now secured a total of $14m since it was founded in 2014.

The cybersecurity software developer has added a $15m extension led by TPG Growth and Greenfield Partners to a $20m first tranche featuring Dell and Cisco.

Immersive content platform developer Inception has raised $15m in a series A round led by broadcasting group RTL.

Tencent is reportedly in line to invest $1bn in the local services platform's latest round, which will be between $3bn and $5bn in size and will value it at up to $30bn.