The fashion rental platform has received $20m in a series B round led by Pan-Lin Asset Management that included existing investor IDG Capital.

Flipkart returned to back a Sands Capital Management-led round that increased the amount raised by the logistics marketplace to $100m inside two years.

Legend Capital has scored a significant exit as the graphite film producer, in which it held a share of almost 13%, floated in Shanghai.

Microsoft, eBay and Tencent all contributed to a down round for the e-commerce company that could precede another $1bn in funding.

The round was co-led by Evolution Media China, a unit of corporate-backed Evolution Media Partners that focuses on investments across Asia.

Suzhou Ribo Life Science, which is developing RNA therapies for hepatitis B, hyperlipidaemia and liver cancer, has secured funding in a Legend Capital-backed series B round.

The round was co-led by corporate venturing units Fosun Kinzon Capital and IDG Capital, with the mobile marketing company raising an eight-figure dollar amount.

Enterprise logistics software provider Bringg has raised $10m in a round that will support an expansion in sales and marketing and R&D.

Baidu and Tencent have led the latest round for the smart electric vehicle developer formerly known as NextEV, with Lenovo and IDG Capital also contributing.