The telecom companies' corporate venturing units, Telstra Ventures and Metra Digital Investama, have agreed to collaborate on Southeast Asian startup funding.

JD.com was among the existing investors in the round, which was led by Zhangjiang Hi-Tech Park, the technology park where Fruitday is headquartered.

Vosik Shamsiev, a venture partner at Japan-based corporate venturing unit TEL Venture Capital since 2014, is leaving to pursue opportunities in Canada.

Alibaba led the online grocery delivery company's series C round as part of a strategic partnership agreement.

Fast food chain Ajisen Ramen has committed $17m to a series B round for advanced point-of-sales system producer Yunnex.

The telecom and internet group has opened the second round of its joint prototyping and development scheme, SoftBank Innovation Program.

Mobile payment technology provider Citrus Pay is set to be bought for up to $180m in a cash deal that will allow e-commerce companies eContext and Beenos to exit.

Marcin Hejka, who oversees Intel Capital's activity in Greater Europe and India, has spoken to GCV about the unit's strategic focus.

Bitauto will retain a 47% equity stake in Yixin Capital and will have a majority of voting power at the board upon closings.