The exchange operator's Nasdaq Ventures unit will invest less than $1m up to $10m in strategically relevant companies from seed to late stage.

The telecom group is reportedly in negotiations to acquire a 20% stake in the Paytm owner at a valuation that will likely be between $7bn and $8bn.

Comcast Ventures has returned for the student loan provider's $30m series D round, having backed its $20m series C last year.

Axiata Digital has invested $16.8m in strategic partner Bima, adding to a series C round that already included telecom companies Millicom and Digicel.

The Stanford University spinout has attracted $10.6m in an Entertainment Partners-backed series B round, a week after closing $10m in series A funding.

The Stanford University spinout has attracted $10.6m in series B capital just a week after closing a $10m series A round that included the StartX Fund.

Munich Re/HSB Ventures has led a series D round that also included Suncorp, Sompo Holdings and insurance technology producer Guidewire.