The company's corporate venturing fund will direct the investments from the fund, which will target startups operating in the mobile internet space.

The Naspers-backed e-commerce company has reportedly raised $1bn in what will be India's largest ever venture round.

Education website and app Yuantiku has raised $15m in a series C round backed by IDG Capital Partners and Matrix Partners China.

IDG participated in the series D round, which takes the Bertelsmann-backed company's overall funding to about $140m.

Adapt Low Carbon Group and Tsukuba Technology Seed will be investing in agricultural innovation.

The fund, which will have a budget of under $10m, will involve the messaging service making seed investments in partnership with venture firm Collaborative Fund.

The internet company will invest the money separately to its corporate venturing unit, Gree Ventures, which recently raised $50m for its second fund.

The firm, backed by a host of Japanese corporates, has raised almost half of the $59m it has targeted for the second fund - three times the size of its first.

Capillary technologies, which is backed by Qualcomm Ventures and American Express, has raised $14m in a series B round to fund continued growth.