PTC India, a provider of power trading solutions in the country, has reportedly agreed to set up a private equity fund with an unnamed sovereign wealth fund, according to the chairman of the state-run power trading company.

Potential partners include Meituan.com, Manzuo.com and Gaopeng.com and Alibaba said it would work with venture capital funds to provide RMB1.2bn ($200m) in loans to small vendors that sell their products through the platform.

The scale and scope of corporate venturing fundraising, combined with unique analysis by Martin Haemmig at Stanford University of historical investment data provided by Dow Jones VentureSource, allows the trends to be identified and the reveals the plans of the new conductors of the venture capital investment world.

The two corporates sell their stakes in the oil and gas exploration company to their fellow investor Hindustan Petroleum Corporation after setting up the company in 1998.

Gibson will acquire a majority of Onkyo USA (Onkyo's exclusive distributor for North America and a distributor for Central and South America) and become the second largest shareholder in Onkyo itself.

In June 2008, PeaceSoft partnered with the US firm to create eBay.vn, the only site which allows Vietnamese to buy and sell merchandise overseas by interacting directly with the 225 million eBay users worldwide

Agro-commercial business AgriNurture has raised $30m in funding from agribusiness conglomerate Cargill, which has taken a 28% stake.

Expand Networks, which went into receivership in October, is set to be acquired by its network optimisation rival Riverbed Technology for a reported $10m.