Digital media firm Ardent Capital, already backed by Siemer & Associates, GMO and Recruit, has raised $12.5m from Sinar Mas to expand its e-commerce model into Indonesia.

Men's shoe producer Jack Erwin has now raised $11m altogether, after Brown Shoe Company joined its existing investor base.

Yahoo ended up securing $9.5bn in the offering, which broke the record previously held by Agricultural Bank of China.

The online fashion brand, backed by Tengelmann, Holtzbrinck and Anders Holch Povlsen, will use the proceeds to support growth.

The China-based e-commerce company established its place at the internet's head table with an IPO set to close at $25bn, showing the value of strategic investment.

Unilever Ventures has joined existing backer MMC Ventures in backing recipe box delivery service Gousto, which has raised $8.3m in series A funding.

The bank-backed fund has taken a 20% stake in Canburg, which produces luxury fitted furniture.

The e-commerce company, already backed by SoftBank, Ebay, Intel, Myriad and Ru-net, is in talks with the telecom company over a round that would more than double its overall funding.

The online beauty products retailer will use the cash to grow its business across the Asia Pacific region.

Dan Cherian has joined apparel and footwear company VF from Nike and will take charge of its innovation activities.