Financial

The $460m funding round for Megvii, also known as Face++, featured a host of corporates: Foxconn, SK Group and Ant Financial.

Mitsui has come on board as an investor, in a round that valued the cross-border financial transfer platform at $1.6bn.

The payment platform has cancelled its IPO plans and raised $7.7m in a round backed by property developer Meydan Group.

Northwestern Mutual and Aurora Health Care have each put $5m into respective VC vehicles Cream City Venture Capital and InvestMKE.

Bond portfolio management platform BondIT has received $14.3m in funding from Fosun, which plans to help it expand in China.

The financial remittance platform, responsible for the transfer of about $4bn a year, is set to raise $115m in a PayU-led series D round.

Lendingkart unit Lendingkart Finance has secured $24.9m in debt and equity financing from backers including Tata Capital Financial Services.

ITC Holdings-backed marketing technology producer Cardlytics is awaiting the right moment to go public, potentially targeting a 2018 flotation.

This is a version of a presentation first shown at the Corporate Venture in Brasil conference, hosted by Apex-Brasil in partnership with Global Corporate Venturing earlier this month.