The Philippines-based telecommunications firm expects to invest $50m in startups this year through its newly launched PLDT Capital unit.

The IT education provider took its total funding to about $120m with an Advance Publications-backed round that could represent its last external funding.

Google Capital returned to back a round that valued the local services listing platform at $1.3bn and took its overall funding to about $275m.

Publicis Machine hopes to identify local startups working on new technologies for the restaurant sector through its Drugstore accelerator programme.

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Publicly-listed SouFun was initially reported to have attracted a $1bn commitment from IDG Capital Partners and Carlyle Group.

Eight Roads Ventures has led a series C round for logistics services provider Packlink.

Property marketplace Compass is gearing up to expand into more US cities and considering more acquisitions.

IDG-backed Enjoy enables consumers to book high-end dining deals in several Chinese cities.