The music conglomerate reportedly owns a 14% stake in Beats, which would net it a $448m windfall when it gets acquired by Apple.

The India-based e-commerce company, which has now raised more than $1.7bn in total, will now seek to ramp up its strategic investments in India.

The life insurance company will target fintech, consumer internet, digital health and cybersecurity startups.

American Express-backed e-commerce platform Deem has raised $50m in new funding that will be spent on global expansion.

BlueStacks, which is backed by Qualcomm and Intel, has raised $13m in a Samsung-led round to launch its Gamepop platform later this year.

Restaurant reservation platform Quandoo has closed a $25m series C round with participation from Holtzbrinck Ventures.

The Naspers-backed e-commerce company has reportedly raised $1bn in what will be India's largest ever venture round.

Flexible ITO Solutions builds windows that can be switched from clear to opaque.

Connected gym technology company eGym has raised $15m in funding from High-Tech Gruenderfonds, High Capital Partners Europe and Bayern Kapital.

High-end clothes marketplace Threadflip has raised $13m in a series B round featuring Wells Fargo-backed Norwest Venture Partners.