The telecom group is reportedly in negotiations to acquire a 20% stake in the Paytm owner at a valuation that will likely be between $7bn and $8bn.

The SIG-led round will enable the platform to expand its training content, boost its consultancy services and drive recruitment for its sales team.

The logistics service provider is set to float in the US in an initial public offering of up to $1bn that will give exits to Alibaba, Foxconn, Fosun and Cainiao Network.

The fund, backed by Tsinghua Unigroup, will support the growth of industries including high-end manufacturing, IT, aerospace, new energy, new materials, pharmaceuticals and internet-related services.

The conglomerate has provided $11.8m for the real estate services platform and will work on a smart home offering in collaboration with the company.

Shanghai Media Group has led a series A round for the NetEase music streaming spinout that also featured a Hunan Broadcasting System investment subsidiary.

Steamboat Ventures, a venture capital branch of entertainment and media conglomerate Walt Disney, made its second investment in the parenting e-commerce platform.

Delphi Automotive has struck a commercial partnership with car data exchange platform Otonomo in addition to leading its latest funding round.

The Foxconn and TCL-backed smartphone rental service is in talks to raise new funding at double the valuation at which it closed its last round in September.