Ctrip has joined Qualcomm as an investor in Yongche, which has now raised about $86m.

Tencent will up its stake in the e-commerce company, while DST divests in what will be the largest ever IPO by a China-based company.

Power Japan Plus, a spin-out of Kyushu University, emerges from stealth mode with carbon battery technology.

The Japan-based app developer will target areas including e-commerce and online-to-offline technologies through the Rakuten-backed fund.

The payment services firm has now secured $7.5m, after gaining investment from two Japanese corporates.

The SAP-backed computing technical support provider has now raised more than $85m.

The e-commerce company will extend its long-running partnership with Yunfeng Capital by investing in its second US dollar fund, which could reach $1bn by June.

LocalBanya.com to expand warehousing operation with second cash injection from a local property developer.

Shree Renuka Sugars will sell a 7.5% stake in the NCDEX, including a 5% holding to the National Stock Exchange of India.

David Flanagan, Ramamurthy Sivakumar, Bryan Wolf and Marc Yi, all in the US, David Thomas, in Latin America, as well as Marcos Battisti and Marcin Hejka, in the Europe, Middle East and Africa team, and Sudheer Kuppam, in Asia-Pacific are all promoted.