Intel Capital celebrates an exit as ItzCash is acquired by Ebix for $123m at a valuation of $150m.

A host of Chinese corporates, including steel companies, have contributed to a funding round for Ouyeel, an online steel transaction platform created by China Baowu Steel Group.

Naspers has led the Swiggy's series E round, which reports suggest took the online food delivery platform's overall funding to $150m.

Baidu-backed Zongheng Literature has received more cash from Perfect World in a funding round that reportedly brought in $116m.

Tencent, an existing shareholder in edtech provider Yuanfudao, has returned for a $120m funding round led by Warburg Pincus.

The online gaming developer, backed by CyberAgent, has signed a preliminary agreement to float on the US stock exchange.

The two co-working space operators will each receive an equal share of the investment provided by Beijing Xingpai Group.