Telecommunications form KDDI held a demo day for its eighth cohort of its Mugen Labo accelerator, awarding two awards to fashion e-commerce app Cinderella Shoes.

The luxury drinks producer awarded a total of $750,000 to five startups in its The Venture contest.

International corporates Alibaba, SoftBank and Foxconn have strengthened their respective presences in India by investing in the e-commerce firm, which aims to diversify its offering as it grows.

E-commerce company Beenos returned to back the automotive marketplace's series B round, which will support international growth.

Restaurant chain Ajisen provided $60m of the cash, and the online food ordering company secured the rest from Hina Group.

Wholesale buying club Thrive has followed up $8m in convertible note financing with a series A round featuring Scripps Network.

Consumer lifestyle marketplace Little has raised $50m in a series A round led by strategic partner Paytm.

The Naspers and IDG-backed e-commerce company has now raised more than $3.1bn, after closing a Tiger Global and Steadview-backed round.

Electronics maker Emerson led the air conditioning technology company's series A round, bringing its total funding to $10.3m.

Games console maker Ouya, which has raised $25m in VC money, has been acquired by Razer, providing an exit to Nvidia and Alibaba.