Alibaba and Ant Financial's local services venture has raised funding at a reported $8bn valuation, from investors including Silver Lake, CDH Investments, iPrimavera Capital and Yunfeng Capital.

The educational answer provider has now raised a total of $155m since 2014, securing $100m in a series C round featuring Wanxin Media.

The fund, a partnership between Macomb Community College and JPMorgan Chase, is investing $225,000 in a total of five local startups.

International Finance Corporation is lining up an investment of up to $10m in Flipkart-backed business-to-business logistics services provider BlackBuck.

Drone delivery service Flirtey has raised funding in an early-stage round co-led by Qualcomm Ventures and Menlo Ventures

Drone-as-a-service startup Measure has raised $15m in a series B round led by IT services provider Cognizant's corporate venturing unit.

The Renren-backed worker sourcing service has now raised $55m altogether and will spend its latest funding on product development, sales and marketing.

Property developers Junfa Group and Dahong Group joined a consortium including an Ant Financial affiliate to take the working space provider's overall funding to $175m.

Wesfarmers-backed Icix, which monitors supply chains to ensure food safety, has received a cash injection from private equity firm Arrowroot Capital.