The e-commerce company is reportedly in talks with Alibaba and Fosun over a round that would be sized at up to $1bn, but which would also be raised at a lower valuation.

Bertelsmann India Investments led the round's $6m first tranche in January, before BigFoot, the owner of e-commerce services provider KartRocket, closed it at $8m.

Minted has acquired homeware e-commerce company Guildery, providing an exit to investors including the AOL-founded BBG Ventures.

Comcast Ventures was among the participants in the first funding round closed by sleep tracker developer Eight.

The Rocket Internet-backed e-commerce holding company has provided $20m to help the fashion retailer carry on running for the next year.

Jiangsu Longliqi led a $30.7m round as part of a strategic partnership with the consumer goods delivery service, which is already backed by Fosun and Bosideng.

The mobile communication device maker has raised funding in a series A round featuring Bloomberg Beta and the Verizon-run BBG Ventures.