Jardine Pacific was among the backers in the price comparison site's series A round, which will support an expansion in its service as it seeks to consolidate its position.

The peer-to-peer lending company has now raised more than $120m in its last two rounds, both of which have featured smartphone maker Xiaomi.

Sprinklr Japan, a regional spin-out of the social media management company, has launched with $8.4m of funding from backers including Recruit and Piped Bits.

Middle East Venture Partners has secured $15m for the first tranche of its $30m MEVP II fund, which will support startups in the Middle East and North Africa.

Mitsui-backed local listings services provider Sulekha is set to expand in its home country after raising almost $28m from Norwest Venture Partners and GIC.

China's parliament is set to bring in rules giving markets the ability to choose who floats and allowing foreign companies to list in the country.

Lei Jun has told the Chinese media that the smartphone producer intends to invest heavily in order to build out its internet of things product offering.

Orange Fab Asia, an accelerator run by telecoms company Orange, has chosen 15 startups from Seoul, Tokyo and Taipei for its spring cohort.

58.com has acquired local listings service Ganji in a $2.8bn deal that gave Nokia Growth Partners its largest ever exit.

The e-commerce services company, in which Alibaba is the largest shareholder, will use the proceeds for sales and marketing, and to improve its warehousing and technology infrastructure.