Shaw joined existing backers Torstar and Slaight in supporting a $31m series B round that lifted Shop.CA's overall funding past $50m.

Mobile network operator MTS and holding company Sistema will each take a 10.8% share in Ozon, which is also set to form a sales partnership with MTS.

The Conde Nast-backed online fashion retailer has completed an equity round that has increased its overall funding to more than $108m.

The company has become the third corporate to invest in visual display technology company Recon, after Kopin and Intel.

The social shopping app creator has secured funding from Formation 8 as it looks to expand beyond Europe and North America.

The Qatar-based telecom company will join Rocket Internet in investing in e-commerce companies in Asia through their new Asia Internet Holding joint venture.

The beauty product subscription service has now raised almost $72m after adding Comcast's corporate venturing subsidiary to its backers.

American Swann has welcomed Maria Molland to its board of directors as it seeks to expand beyond its Indian base.