Rocket Internet and Tesco sold stakes sized at $137m and $129m respectively as Alibaba took a 67% stake in the Southeast Asia-focused e-commerce company.

Samsung and Bosch took part in the series A round, which boosted the digital camera technology startup's overall funding to $8m.

Vietnam-based telecoms company Viettel will look to invest internationally in startups operating in sectors such as e-commerce, e-healthcare and social networks.

Alibaba and Tencent are reportedly both investing in a round expected to close this month which will value the ride hailing service at over $25bn.

NHN Entertainment has provided $40m for Ticket Monster, whose previous owners have included LivingSocial and Groupon, as part of a round that could reach $300m.

Online marketplace Tokopedia has raised fresh capital from unnamed investors, following a $100m Softbank-led round in 2014.

The corporate is in the early stages of setting up an India-based corporate venturing unit that will fund local healthcare technology startups.

Chinese VC funding continues to go strong as Alibaba's touted 10-figure investment in food delivery platform Ele.me appears to have been closed while Didi Kuaidi prepares to complete its own $1bn round.

The Alibaba-backed financial services provider is now seeking in excess of $3.1bn which will likely be raised at a valuation of $60bn.