Hanmi Pharmaceutical has licensed an eye disease treatment from Allegro Ophthalmics, and will make a concurrent $20m investment.

Social network Twitter has reportedly entered talks to acquire the Times Internet-backed mobile marketing startup for up to $40m.

The restaurant listings service, which is majority-owned by Info Edge, is raising the funding in the aftermath of its acquisition of US-based rival Urbanspoon.

Dianping-backed food delivery startup Ele.me has raised new funding in a round reportedly led by a China-based technology provider.

One97 Communications, the SAP and Intel-backed owner of online payment service Paytm, will receive the money along with $60m from SAIF Partners.

Diabetes treatment developer Hua Medicine has completed a $25m Wuxi PharmaTech-backed round that boosted its overall funding to $75m.

Wonder Holdings has led an $8m cash infusion for Korea-based incubator and venture firm Fast Track Asia, which will be used to launch more startups.

OptAim, which provides online marketing analysis technology to app developers and marketers, received the cash from Bertelsmann's Asian corporate venturing subsidiary.