Greater China
The group is moving towards synergy not spin-offs as Jack Ma returns.
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This round “enables greater access to industry resources”.
India
A2D Ventures will co-invest and collaborate with WFC.
I-Kingtec specialises in industrial drones, or UAVs.
DealStreetAsia reported in March that the Indian logistics firm was in talks to raise funds.
The company has posted close to two dozen mid-level jobs in India.
InspeCity raised $5.6m in a seed round.
Routematic had earlier raised about $6 million over previous investment rounds.
The fresh capital will allow the startup to advance clinical registration trials both in China and internationally.
The company aims to raise about $350m from the listing.