Financial

The corporate-backed fashion and beauty marketplace operator listed on the BSE and NSE in India and reached a market cap of $13.5bn.

The Alibaba, Ant Group, Berkshire Hathaway, Intel and SoftBank-backed e-commerce payment app operator is set to list on the NSE and BSE next week at a potential valuation of up to $18.7bn.

Dapper Labs, Solana and Tron are among the LPs in the venture firm’s latest fund, which has already backed Rain, Vauld, Lemon Cash, Tulip Protocol and Zebedee.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

The Stanford-backed blockchain development platform increased its valuation to $3.5bn in the series C round.

SoftBank Vision Fund 2 was among the investors in the Recruit-backed business management platform developer’s latest round, which was closed at a $1.7bn valuation.

Capgemini, Salesforce and ServiceNow helped visual commerce platform developer Threekit net $35m while Tencent led a $26m round for UGC management software provider Mod.io.

Visa helped the emerging markets financial services provider raise fresh capital at a $400m valuation to take its overall funding to $200m.

DivcoWest, JLL and Allegion combined in a $60m round for workplace data platform developer VergeSense while Sanofi committed up to $60m to ocular therapeutics developer Gyroscope.

The regulatory information service counts SoftBank, Renren, Jipyong, The Economist Group and S&P Global as existing investors and will get a Nasdaq listing through the deal.

Alibaba Entrepreneurs Fund reinvested in e-commerce lender Qupital through a round which will support geographical expansion.