Mirae Asset-Naver Asia Growth Fund has contributed $50m to the latest round for e-commerce platform Bukalapak, whose shareholders include Aucfan, Emtek and Gree.

The Paypal and GV-backed online lending platform will spin out its credit card business following its latest funding round.

NM Future Ventures alumni Alexa von Tobel and Mark Batsiyan have launched Inspired Capital, a venture capital firm aiming to raise $200m for its debut fund.

Led by two former Caixa Capital team members, Indico Capital Partners has raised $47m for the first close of a fund that will target Portuguese and Spanish startups.

Magenta Venture Partners, a joint venture between Mitsui and two Israeli venture capitalists, is seeking a $100m close to invest in Israel-based startups.

Meniga has bought Wrapp, the retail rewards platform that had raised at least $34m from investors including Qualcomm, H&M, Klarna and American Express, in an all-share deal.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Ant Financial is considering a commitment to a forthcoming round for instalment buying and lending platform Akulaku as a strategic investor.

Nabard launched NabVentures last month and has hired former CapAleph Fund director Rajesh Ranjan as to run the unit as chief executive.

Tencent and Allianz-backed mobile bank N26 will use the proceeds from the Insight Venture Partners-led round, which valued it at $2.7bn, to expand into the US.