Alibaba and Ant Financial, which invested $1.25bn in the food delivery service in April 2016, are reportedly set to lead a round that will value it at up to $6bn.

Semiconductor product makers MediaTek and Xilinx were among the participants in an eight-digit round for deep learning technology developer DeePhi Tech.

The cloud-based performance management software developer has now raised more than $56m in total after closing an SIG-backed series C round.

SoftBank, already a 33% shareholder, has reportedly acquired the stakes of three other Snapdeal board members, and Flipkart has signed a term sheet to buy it for a price that could be under $1bn.

Tencent, JG Summit and Uni-President Enterprises are set to record exits as Sea, the internet services firm formerly known as Garena, files confidentially to float in the US.

Investment banking firm RM Global has raised $30m for the first close for a fund that will back startups developed by Johnson & Johnson and Takeda-backed incubator FutuRx.

Gree's corporate venturing unit has closed its second fund at $67m and is expanding its focus from Japan and Southeast Asia to Japan.

The co-working space provider, which counts several property developers as backers, has pulled in $58m of funding from undisclosed investors.

Existing investor SIG returned for the mobile communication app developer's series D round, which was led by a China Construction Bank unit.

Digital marketing technology provider From Scratch has raised $28.4m in a Rakuten Ventures-backed round that took its overall funding to more than $40m.