LexinFintech, the instalment buying platform operator backed by Bertelsmann, JD.com and Taikang, had initially targeted $500m in the offering.

Pax Labs' e-cigarette spinoff plans to raise $150m and has already secured approximately $112m from unnamed investors.

The WME-backed food subscription service has completed a series B round that will fund growth and product development.

The Comcast-backed smart mattress developer has tapped undisclosed investors to take its total equity financing to more than $29m.

Smart oven developer and University of Chicago spinout Tovala has been backed by UChicago Startup Investment Program in an Origin Ventures-led round.

Ola has bought FoodPanda India from Delivery Hero and invested $200m in the company, while Delivery Hero will get a stake in Ola.