Microsoft is set to support ten companies in India as they navigate their growth phase through its scale-up programme.

Jabong is valued at $500m to $800m for the talks, after it was previously reported to be in talks with Amazon for a deal worth $1.2bn.

In November 2014, IDG Capital Partners co-led a $60m series B for the peer-to-peer car lending platform.

Tencent previously invested $106.5m in the health information portal in October 2014.

Qualcomm has returned for Portea's second funding round, which will support an expansion across India.

Qualcomm and Semiconductor Manufacturing International have signed a letter of intent to invest in the semiconductor technology services provider.

Publicly-listed SouFun was initially reported to have attracted a $1bn commitment from IDG Capital Partners and Carlyle Group.

Orange and Publicis-backed Iris Capital has led a $17m round for video distribution network Hola.