The insurance group will allocate the funding to internet of things, data and analytics, sharing economy and customer experience startups over the next five years.

The online language learning platform has closed a series C round featuring Bertelsmann Asia Investments, eight months after a $29m series B.

Get Me a Shop, a graduate of Times Internet's incubator initiative, has now been acquired by the internet services provider for an undisclosed amount.

Six social impact startups have completed the Singapore Telecommunications-backed Enabling Change incubator program, with SingTel investing $7,000 in each.

Quikr's acquisition of Alphabet-backed realty marketplace CommonFloor, originally reported as a $160m cash and stock deal, is now said to be a $200m equity swap.

Sumitomo Mitsui Financial Group, Nippon Life and Voyage Group have joined the skills marketplace's investor base, which also includes Opt and Adways.

QikPod, which plans to set up a system of delivery storage lockers around India, secured the cash from backers including Delhivery, Flipkart and Foxconn.