Clubhouse closes new funding round According to reports, Clubhouse has secured a new funding round that would value the audio-based social media app at $4bn. Read more.

Grab Holdings mulls secondary Singapore listing Southeast Asia's ride-hailing and delivery giant is reportedly mulling a secondary listing in its home market of Singapore, after completing a Nasdaq listing via a $40bn SPAC merger. Read more.

The Hut Group targets further acquisitions The online beauty retailer is boosting its acquisitions budget to around £250m a year. Its previous ambition had been to spend around £50m a year. Read more.

Music Magpie confirms plans to list on AIM The online retailer of refurbished phones and electricals has confirmed plans to list on AIM. The listing, which will value the business at £208m, will raise £15m. Read more.

Saltbox raises $10m to help online retailers store their goods The US-based business has completed a $10.6m Series A round of financing led by Palo Alto-based Playground Global. The company plans to use the capital to expand into new markets. Read more.

Amazon announces $250m venture fund for Indian startups The tech giant has created a $250m venture fund to invest in Indian startups, with a focus on digitising small and medium-sized businesses. India is a key overseas market for Amazon, having received more than $6.5bn of investment. Read more.