Consumer

Xiaomi will put up a third of the capital for Xiaomi Yangtze Industry Fund, which will target hardware investments, with Hubei's guidance fund and the province's largest city the other LPs.

Big data software provider Cloudera has gone public, but the gap between its market cap and the valuation at which Intel invested three years ago may be an ill omen for backers of other unicorns.

Nokia Growth Partners has led a series C round for fitness app developer Yuedongquan which also featured a contribution from Xiaomi.

Tengelmann vehicle Emil Capital Partners has contributed to the frozen meal provider's series B round, four years after leading its series A.

Handbag maker Simone's fund management arm has invested $44m as part of a $115m down round that valued mobile commerce platform Tmon at $1.2bn.

The smart home technology developer, backed by a host of corporates in its last round, has raised another $17m according to a securities filing.

SoftBank is reportedly set to invest $225m to lead the hotel booking platform's latest round as part of a large-scale Indian online services investment strategy.

SoftBank, already an investor in Grofers, would look to invest in a round of up to $100m for the merged company, should the Indian online grocery retailers come to an agreement.

Tencent has agreed to invest $200m in the mobile used goods marketplace, which is being spun out by another of its portfolio companies, classified listings platform 58.com.

The telecom group is reportedly in negotiations to acquire a 20% stake in the Paytm owner at a valuation that will likely be between $7bn and $8bn.