The latest $100m fund will focus on Turkey after the two firms previously set up a $100m fund focused on Africa last year.

Suli Ali, chief executive at TinyCo, said: "We are thrilled to announce the launch of the TinyFund -- a $5m fund to help promising iOS and Android developers bring hits to market."

Healthbox will run a competition to find 10 entrepreneurial teams from around the US to participate in a three-month programme and receive $50,000 in seed capital.

Gamesa has already bought 28.7% of SkyBuilt Power and 25% in WorldWater & Solar Technologies from its corporate venturing fund.

Amy Banse, president of Comcast Interactive Media, will head the combined entity, Comcast Ventures, which will focus on digital media, e-commerce and entertainment after its integration of Peacock Fund from NBCUniversal.

Tata Capital has five funds: Tata Opportunities Fund, Growth Fund, Innovation Fund, Healthcare Fund and Special Situations Fund.

News provider Asian Venture Capital Journal said Itochu Technology Ventures' first close at $67m was equivalent to its first fund's final size.

News provider VCCircle said, outside of Biyani subsidiaries, Pantaloon Retail (India) was the largest shareholder of Future Ventures with 18% that will fall to 9.5-10% post issue.

The CCB International Cultural Industry Private Equity Fund will invest in broadcasting, film and publishing industries. The first deal is Beijing Galloping Horse Film & TV Production Company.