Legend-backed e-commerce platform Wish is set to achieve a valuation of more than $8bn in a $250m funding round that is expected to close soon.

The retailer has provided $15.9m for the e-commerce platform, boosting its overall investment in the company to almost $42m.

Vorwerk-backed fashion e-commerce platform Lesara has raised capital from a consortium of unnamed backers in the US and the UK to drive international expansion.

Sunglasses brand Gentle Monster has received an amount said to be about $53m from L Catterton Asia, the private equity firm backed by LVMH.

The online fashion marketplace has secured $17m in a round co-led by Burda Principal Investments that included existing backer Susquehanna International Group.

Paytm Mall is reportedly lining up a $200m investment in the e-grocer at an $800m post-money valuation that could include Alibaba.

EatWith, backed by TripAdvisor, has been acquired by VizEat for an undisclosed amount.