SoftBank, which is also set to invest nine-figure sums in Snapdeal and Paytm, has lifted the car and taxi rental aggregator's overall funding to over $275m.

Car rental company eHi has disclosed the purchase of a 8.4% stake in taxi-ordering service Kuaidi Dache in April for $25m.

Corporate-backed companies Baidu, Qihoo360 and Ping-An all committed capital to Carmel's fourth fund, which has already invested in five start-ups.

Intel Capital has made its first investments via its $100m China Smart Device Innovation Fund, committing $28m to five internet of things device start-ups.

Online marketplace Tokopedia has secured $100m in funding from Softbank's internet and media subsidiary and its SB Pan Asia Fund.

Taxi ordering app GrabTaxi has raised $65m in its third round so far this year, bringing the total raised by the company to about $90m.

The internet company took a 10% share in e-commerce platform Koudai, which is aiming to leverage a partnership with WeChat to sell more widely.

China-based conglomerate Fosun has invested in cancer testing company Check-Capand courier service Beijing ZJS Express through two of its subsidiaries.

Future Lifestyle Fashion, the fashion arm of retail conglomerate Future Group, has acquired a majority stake in shoe manufacturer, retailer and distributor Elisir Lifestyle.