The $84m raised by Jimubox last week makes it the third China-based peer-to-peer lending platform to close a large funding round this month.

Bright, the operator of health and wellness products site Healthkart, has spun out new business 1mg with money sourced from existing backers including Intel.

Recruit, Intel, Saudi Telecom, Allied Architects and Libertad all participated in a $5.4m round that will support an expansion of Gengo's sales and marketing resources.

The financial services provider has joined forced with accelerator Nest to launch a Hong Kong-based fintech-focused programme for startups.

The startup, which is about to launch a Netflix-like subscription service in Southeast Asia, will use the funding to expand and build its range of content.

New Oriental Education & Technology invested the money in the educational robotics company, which received funding from Zhen Fund in 2014.

Singapore Press Holdings, Plug and Play and Infocomm Investments have formed a media and technology-focused accelerator programme that will begin in mid-2015.

Weimob, which provides marketing services to users of messaging service Wechat, has closed its series B round led by food producer Jinzi Ham.

A month after it raised $12.6m from VIPShop and Ward Ferry Management, the daily deals service has obtained an additional $29.3m.