Consumer

QUT Bluebox has joined corporates Holland Insurance and Seven West Media in the second funding round for over-60s package holiday portal Starts at 60.

Online mattress retailer Casper Sleep is looking to hire underwriters for an initial public offering that would allow Target to exit two years after leading its $170m series C round.

Flipkart has established a corporate venture capital fund with a reported $80m to $100m in capital that will be overseen by CFO Emily McNeal.

The two rivalling US-based ride hailing platforms Uber and Lyft, both counting many corporates among their backers, are preparing to float on public markets in the coming weeks, with the valuations of the two combined likely to stand well above $100bn

The Advance Publications-backed clothing rental service is now valued at $1bn, having received $125m from a consortium co-led by Franklin Templeton Investments and Bain Capital Ventures.

Valor Siren Ventures I has signed up Starbucks as a cornerstone investor as it seeks to close its fund at $400m to back food and retail technology developers.

General Atlantic and a range of unidentified backers are exploring a $300m investment in Wish that would value the Legend Capital-backed e-commerce marketplace at $11bn pre-money.

Airbnb is considering an investment in Oyo sized at $100m to $200m, which would drive the India-based company's international expansion efforts.

The WME-backed beauty product brand raised the funding in a Sequoia Capital-led round, at a $1.2bn valuation.

Hanwha's investment management arm has joined VC firm Golden Gate Ventures for a series B-stage fund that has already raised $80m.

Flexible display manufacturer Royole is seeking $1bn in funding as it prepares for an initial public offering that could provide an exit to Yuexiu Group.