SoftBank, which holds 33% of Snapdeal, has reportedly rescinded an agreement to provide up to $200m in debt and is said to be negotiating a merger with its rival, Flipkart.

SoftBank and Cainiao Network have co-led the round, which follows a $5m series A secured two years ago from ZTE and a $1m angel round in 2014.

The online meat retailer will use the funding, provided by investors including Sistema and Doosan, to expand geographically and improve its back-end technology.

The electronics producer will put an initial $100m into a California-based unit called Panasonic Ventures in order to access new business models, products or services.

The medical access platform has secured $200m in a Tencent-led series D round that took followed a $60m round two years ago.

The corporate venturing unit led a $25m extension to the freight services platform's series B round, doubling its overall funding.

Learning app developer Byju's took its total funding nearer to the $200m mark with an investment from Verlinvest that reportedly valued it at up to $690m.

Consumer electronics maker Intex will invest up to $31m in strategic investments, the first of which was made in sporting community app developer Rooter.

Oriza Holdings and CICC Alpha co-led the latest round for the Bertelsmann and Legend-backed cloud computing services firm, bringing its overall funding to near $300m.