The $53.6m round, which included Elefirst Science & Technology, will support Haimawan in developing its mobile content cloud computing offering.

Despite the breakdown Flipkart's proposed acquisition of SoftBank-backed Snapdeal, Vision Fund is in talks with the online marketplace over an investment of $1.5bn to $2bn.

Goldman Sachs Investment Partners led a $25m series B round for the budget hotel chain that follows a Qualcomm Ventures-backed round in June 2016.

Conglomerates CG Corp Global and NE Group are among the four general partners for a $100m fund raised by venture firm Prestellar Ventures.

The e-commerce platform, backed by investors including SoftBank, Intel and Alibaba, has decided against a $950m sale and elected to instead restructure.

Zeus Entertainment led the app developer's series B round, through which DotC will take control of digital marketing company Avazu, from which it spun out in 2015.

Nonprofit incubator operator Nudge Foundation has secured partners including Tata Trusts, Maruti, Cisco, Mphasis, Godrej, Target and Wells Fargo.

Nobuyuki Akimoto's departure from NTT Docomo Ventures comes as insurance firm Sompo commits up to $80m to TransLink to manage its corporate venture capital fund.

Microsoft is already an investor in Uber, but this deal for Ola would be in connection with an agreement that Ola switch from Amazon Web Services to Microsoft's Azure cloud services platform.