Consumer

The enterprise messaging company took its total funding to $540m, securing $200m at a $3.8bn valuation from backers including Alphabet and Comcast, showing there is still big late-stage money available for the right kind of company.

Start Today and Nippon Life Insurance have provided a total of $9m for second-hand fashion marketplace Material Wrld.

The Alphabet and Campbell's Soup-backed high-grade juicing company has taken its overall funding to $100m and is reportedly set to close its next round this month.

IDG Ventures India is reportedly looking to divest the rest of its stake in e-commerce company Flipkart for about $100m, following on from a $125m partial exit last year.

Meal delivery service Frichti has added Idinvest, the private equity firm backed by corporates including Allianz, to its shareholders.

Tengelmann led the $10m first close of a $12m funding round that will help on-demand massage provider Zeel expand to additional cities.

The online food retailer has raised an amount it claims is higher than the $220m secured by rival Womai last year, in a round co-led by Alibaba.

The Yihua-backed drone manufacturer has secured $23m in series B capital as it begins mass production of its products.

Trivergance, Falcon Investment Advisors and Landon Capital Partners have acquired Norwest-backed Clarus Commerce, which operates customer loyalty platform Freeshipping.

Discussion at Kyushu University, Japan, identifies that Fukuoka, under its youthful mayor Soichiro Takashima (he was elected in 2010 aged 36), is one region continuing to explore its options to be a growth centre.