Online automotive trading platform Cheyipai raised the money in a series D round featuring Renren and Tencent, taking its total funding to $185m.

Salesforce-backed application testing tool provider Sauce Labs has attracted funding from existing investor Toba Capital taking its overall funding to $24m.

IDG had invested in series A and B rounds raised by Manthan, which will use the funding to expand its business analytics products to international markets.

Renren-backed SoFi has now raised almost $360m from its last three equity rounds, and will look to expand its loans service throughout the US.

IDG Ventures India returned to reinvest in the babycare retailer, which has increased its overall funding to $59m.

Biofuel technology company Edeniq has raised $16m to roll out an improved ethanol production platform that can increase ethanol yield by up to 6%.