The Advance Publications-backed clothing rental service is now valued at $1bn, having received $125m from a consortium co-led by Franklin Templeton Investments and Bain Capital Ventures.

Valor Siren Ventures I has signed up Starbucks as a cornerstone investor as it seeks to close its fund at $400m to back food and retail technology developers.

General Atlantic and a range of unidentified backers are exploring a $300m investment in Wish that would value the Legend Capital-backed e-commerce marketplace at $11bn pre-money.

Airbnb is considering an investment in Oyo sized at $100m to $200m, which would drive the India-based company's international expansion efforts.

The WME-backed beauty product brand raised the funding in a Sequoia Capital-led round, at a $1.2bn valuation.

Hanwha's investment management arm has joined VC firm Golden Gate Ventures for a series B-stage fund that has already raised $80m.

Flexible display manufacturer Royole is seeking $1bn in funding as it prepares for an initial public offering that could provide an exit to Yuexiu Group.

Tencent and Meituan Dianping-backed consumer goods trading platform Yijiupi has added $100m from Warburg Pincus to its coffers in a series D-plus round.

Lawson and T-Gaia corp co-led the series B round, with the Japanese fashion marketplace to use the cash to expand in Southeast Asia

Scythian Biosciences-backed cannabis facilities operator Verano has agreed to an $850m acquisition by Harvest Health and Recreation in an all-stock transaction.