Girish Hiremath, chief operating officer at Ginserv, said being part the Mysuru-based JSS group would be a help to the startups.

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

US-based startup developing a three-dimension and virtual reality platform for trade workers has raised $18m.

Tencent and its Tencent Music Entertainment unit are among the participants in the royalty attribution service provider’s latest round, four years after UMG and WMG provided seed funding.

Rising Stars Q&A – Banafsheh “B” Fathieh, head of investments for the Americas, Prosus Ventures

Hyperconnect is being acquired for nearly $1.73bn by the Match Group, giving an exit to SoftBank, which was one of the early investors in the company.

LightShed Ventures is raising $75m to invest in seed and series A rounds.

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

SoftBank will exit social video app developer Hyperconnect roughly six years after it took part in an $8.6m series A round.

The 'front page of the internet' raised the money in a Vy Capital-led round doubling its valuation to $6bn, up from a Tencent-led round two years ago.