Delimiter said Citrix could invest up to $400,000 in a convertible loan note through its Innovation Accelerator.

South Korea-based power company GS Power has made a direct investment into India-based renewable energy company NSL Renewable Power.

Tencent Holdings, the investment unit of the eponymous Chinese web browser and media giant, is joining other corporate venture units and private equity players, with its latest investment in Beijing-based app service company Didi Taxi.

A line of corporate venturing units have backed second-hand car online auction site Youxinpai.

The $12m investment was part of a bridge round that reportedly included existing backers investors, Fidelity Growth Partners India, Qualcomm Ventures, Nexus Venture Partners and Catamaran Ventures.

IDG Capital has had a relationship with Memsic going back to its December 2007 when the US-based electromechanical system (MEMS) solutions provider raised $60m in its IPO in a transaction that at the time valued the business at $226m.