Indian Institute of Management, Ahmedabad joined Unitus Ventures and Axilor Ventures to supply seed capital to radiology directory 5C Network, which helps hospitals access radiology expertise.

Worldpay-backed fraud detection software provider Featurespace won $32.9m from investors including commercialisation firm IP Group to bring its overall funding to $70.9m.

Evervault is pursuing seed funding for encryption software that protects compromised networks, while MyStudyPal has launched an academic timetabling app.

Naspers subsidiary OLX has fully acquired classified listings platform Avito, six years after Naspers paid $50m for a minority stake and four after it took a majority share.

Cisco Investments took part in the customer relationship platform developer's series C round, which increased its total funding to approximately $74m.

BMW, Jaguar Land Rover and Porsche all backed a series B round for the roadside assistance app developer, whose early investors include Verizon, Allianz and ATD.

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The blockchain technology developer will use the proceeds from the Nasdaq Ventures-led round to commercialise its platform for mortgages, private equity and syndicated loans.

UNL spinout Drone Amplified has devised a drone that conducts fire management stress tests on parklands by dropping small combustible balls filled with glycol on targeted pieces of land.

You & Mr Jones has contributed to Beeswax's series B round, which increased the bidder-as-a-service technology provider's total funding to $28m.