The media and e-commerce group invested an additional $71m in Flipkart in April 2017 as part of a $1.4bn funding round also backed by Tencent, eBay and Microsoft.

The corporates have launched a $30m joint venture that will invest in catering companies with growth potential with which they can partner.

The e-commerce firm will help luxury fashion marketplace Farfetch expand in China as part of a strategic partnership deal that took Farfetch's total funding to about $700m.

Target invested a reported $75m to lead the series C round, which will fund the expansion of the bedding maker's distribution and R&D activities.

Recruit has acqured Ganske Verlagsgruppe and HP Autonomy-backed consumer feedback platform TrustYou for an undisclosed amount.

Coppel and Nordstrom-backed Bonobos has become the latest online retailer to be bought as part of Walmart's e-commerce growth strategy, in what could be a hugely-sized acqui-hire.

Novel TMT Ventures returned for a $22.5m round that increased the excess inventory sales platform's overall funding to $36m.