Alibaba is the largest shareholder of logistics and supply chain services provider Best, which has filed for a $750m initial public offering, after raising more than $910m in VC funding.

OurCrowd has launched a collaboration scheme, OurNetwork, which has more than 200 multinational corporations, mentors and industry experts.

The University of California-backed UC-RNT Fund has led a round that enabled strategic investor Axis Bank to exit.

Razer has paid $19.9m for a 19.9% stake in MOL Global as part of a deal that will make MOL a master distributor of its virtual currency.

The corporates have launched a $30m joint venture that will invest in catering companies with growth potential with which they can partner.

Ola-backed Mswipe has secured funding in a series C round that enabled another strategic investor, Axis Bank, to exit.

Hongfu Group has led a series A round for Bigger, a green co-working spinout of Modern Land, investing alongside First Care.

Gamida Cell has raised new funding from a consortium including Novartis, a shareholder since 2014 when it invested $35m in the cellular therapy developer.

Sanovas has signed an agreement with the government of Suzhou in China to create a $75m fund and innovation centre at the Chinese Academy of Sciences.