Consumer

Dollar Shave Club, which last raised funding in a Comcast Ventures-backed round that valued it at $615m, is to be acquired by Unilever for a reported $1bn in cash.

Pinduoduo, a startup operating an online group buying platform, has raised series B funding, after growing its service using Tencent's WeChat app.

Bertelsmann Asia Investments was among the participants in the first external funding round disclosed by DotC United, a mobile app developer spinout of Avazu.

Second Genome, which is applying genomics technology to the microbiome, is the latest in a growing string of gene technology companies to raise substantial funding.

The round, made up of $8.5m in series A capital, $4m of venture debt and $5.7m in private financing, featured corporate venturing fund Orange Digital Ventures.

Fashion e-commerce company Voonik Technologies has secured $20m in a round featuring Times Internet and Beenos.

Vegan dairy product developer Ripple Foods has added a GV-led series B round to the $13.6m in series A funding it raised six months ago.

Oyo Rooms has raised $61.3m from existing investors likely to include SoftBank, as it looks to expand its branded budget hotel experience across India and into adjacent sectors.

The week's review of venturing activity across our three titles, Global Corporate Venturing, Global University Venturing and Global Government Venturing.