The healthcare company made a 52% profit from the sale of its 11% stake, originally acquired in 2012, back to Vodafone for $1.48bn.

The Spanish-Indian partnership is in talks with two Japan-based firms over a tripartite venture that would seek acquisitions and ventures in Southeast Asia.

Life sciences-focused private equity firm BVCF has completed a third fund that will target China-based investments, and Novartis is amongst the backers.

The merger between the two India-based e-commerce companies, which are backed by corporates including IDG and Naspers, values lifestyle retailer Myntra at about $330m.

Mukund Mohan will move from a senior role in computing company Microsoft's Indian corporate venturing activities to oversee its US and China-based investments.

Cheetah Mobile, which is majority owned by China-based software company Kingsoft and partially by Tencent, plans to float in the US.

IDG's China subsidiary and private equity firm Jafco both achieved partial exits as the education services provider went public raising $137.7m.

The Rakuten-backed, China-based online travel agency has become the latest China-based company to file for an initial public offering in the United States.

E-commerce company Alibaba plans to increase its share in microblogging platform Sina Weibo in its initial public offering, which could generate up to $437m.

Israeli online intelligence company SimilarGroup has raised an undisclosed amount of series C round solely from South African multinational media group Naspers.