Zomato has received $150m from Alibaba's financial services affiliate, which also bought $50m of shares from classified listings operator Info Edge.

The SoftBank-led series D round is indicative of a startup space where logistics, buying and transport are moving closer together.

Continental Grain was among the investors in the vegan dairy protein developer's $24.7m round, which was led by Temasek.

The business school hopes the partnership will strengthen the ecosystem, leveraging its faculty, program participants and alumni network for the initiative.

Retail conference host Shoptalk has teamed up with Commerce Ventures for a $1m fund that aims to back 20 e-commerce and retail startups.

Amazon has agreed to pay upwards of $1.2bn for the smart doorbell maker, which counts the corporate's Alexa Fund among its investors.

The e-commerce holding group has now sold nearly $1.2bn of its shares in the publicly-listed food delivery platform, having invested $568m in 2015.

Bertelsmann Asia Investment was among the investors that contributed to the cross-border e-commerce platform's series C round.

The online marketplace could give up its stake in e-commerce company Giosis as part of a deal where it will pay $700m for the latter's Japanese assets.