The grocery delivery service has added Snapdeal, Ru-Net and corporate-backed Beenext to its shareholders in the first close of a round that could rise to $56m.

The home automation and monitoring technology provider has secured $9.4m in funding from Haier, SAIF and Foxconn to support global expansion.

Nanyang Technological University (NTU) gears up underwater glue for commercialisation.

One97, also backed by Intel, has now raised almost $1bn, and Alibaba and financial services affiliate Ant Financial hold a combined 40% share.

Qualcomm will fund mobile and internet of everything companies through a newly formed fund that will be advised by its Qualcomm Ventures subsidiary.

Ride sharing service Ola, which had reportedly raised $225m in series F funding as of two weeks ago, has received an undisclosed sum from its China-based peer.

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

The round was led by Start Today, while existing investors including Opt Sea also returned.