Liu Erhai has left Legend Capital, where he was managing director, after 12 years to form Yuyue Capital, which has just raised $200m for its first fund.

Sho-Zemi Innovation Ventures, which recently expanded into the US, plans to open an office in Southeast Asia as it gets ready to raise a $10m fund.

The venture firm has secured backing from undisclosed Japan-based corporates for a $20m fund that will target India-based, mobile-focused startup companies.

Mitsui has participated in the TV shopping and e-commerce company's third funding round, which follows a $25m series B round raised in 2011.

The Bertelsmann-backed real-estate listings portal plans to raise $50m in a series C round that will fund geographical expansion.

The cinema and event ticketing app operator has secured funding from backers including Tencent, with which it partners, and Wanda Group.

GMO made its third investment in the payment services company in a series C round that will go towards product development and an expansion in its product offerings.

Search engine provider Baidu co-led the restaurant management software company's $10.7m series B round, raised as it prepares to expand to other industries.

The IT services provider has established a corporate venturing fund as part of a initiative to grow its business in India.

Ratan Tata, chairman emeritus of conglomerate Tata Sons, has invested in Xiaomi as the Chinese smartphone maker ramps up its focus on India.