SoftBank has thrown its weight behind edtech developer Descomplica by co-leading an $84.5m round with Invus Opportunities.

Bertelsmann India Investments has reinvested in the logistics software provider having co-led its series C round nine months ago.

Unacademy has acquired a majority stake in the professional networking platform, providing an exit for Paytm.

Several financial services firms have contributed to a $25.5m round for the contract review technology developer.

The Kyoto University spinout backed by the institution’s i-Cap fund has secured $25.5m in funding from returning investors.

JD Logistics has filed for an initial public offering on the Hong Stock Exchange and is reportedly eyeing a $40bn valuation.

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

The edtech-focused firm has raised $165m from limited partners including Sesame Workshop, Kaiser Foundation Hospitals and National Geographic Society.

Asahi Shimbun, Dentsu and Zoshinkai are set to exit the notebook-sharing platform operator in an acquisition of undisclosed size by office products supplier Kokuyo.

Sector focus: services