Eyewear retailer Inmix has raised $7m in a series A round funded by IDG Capital Partners and Legend Holdings unit Legend Capital.

The e-commerce marketplace, which counts Shaw Communications, Slaight and Torstar as investors, has raised new funding from backers including Scotiabank.

Foxconn plans to set up a corporate venturing fund and incubator as part of a $20bn Indian investment initiative that could also include academic research funding.

The online food ordering service is looking to raise the cash at an $800m valuation in order to split off from its parent company, internet services provider Baidu.

Naspers is among the prospective investors in a proposed equity round for the Russia-based e-commerce company that would be raised at a $1.5bn valuation later this year.

The Walt Disney-backed accelerator, run in co-operation with Techstars, has announced the 10 startups that will make up its second class.

The Alibaba-backed group buying service aims to raise the series E funding at $15bn, more than double that at which it closed its $700m series D in January.

Ping An Insurance has led IDG and Bertelsmann-backed luxury goods retailer Secoo's series E round, taking its total equity funding to more than $200m.

Growth equity firm Time for Growth has paid $11m for for a 10% stake in TeliaSonera-backed consumer electronics manufacturer Zound Industries.