Indian food delivery startup Swiggy closes $210m funding round at a valuation of $1.3bn The Series G funding round follows on from an earlier $100m raise in February, backed by many of the same investors. The valuation reflects growing international and domestic interest in India's increasingly competitive food delivery market. Read more.

Amazon unveils Alexa for Hospitality The new system is intended to be used in hospitality venues of all kinds. Marriott is acting as the technology's launch partner and plans to introduce Alexa for Hospitality at select properties later in the year. Read more.

PayPal acquires payment provider Hyperwallet in $400m deal Hyperwallet is a service that helps people and small businesses receive payments for services and products that they offer. PayPal is moving to bolster its offer in an increasingly competitive market. Read more.

YouTube Music and Premium to be rolled out to 11 more countries The services will debut in the UK much of mainland Europe. YouTube Music focuses on using data to curate daily personalised playlists for users while YouTube Premium cuts ads out of YouTube and provides access to exclusive content. Read more.

Asos bans cashmere, mohair and silk The etailer has updated its animal welfare policy and suppliers will no longer be able to use any part of vulnerable, endangered or wild-caught species in their products. The move is part of a broader shift in the industry toward sustainable sourcing. Read more.

Trouva launches in Berlin following a $10m cash injection 20 new independent shops have been signed up to the ecommerce platform in its first step toward global expansion. The move follows a $10m Series A funding round led by BGF Ventures in November. Read more.