Bird has acquired Mahindra-backed electric scooter rental service Scoot, reportedly for about $25m in cash and stock.

Epic Games has purchased the social video chat app provider in a deal that enabled Comcast, Broadway Video, Universal Music Group, William Morris Endeavor, UTA and CAA to exit.

Canada Pension Plan Investment Board is in the process of acquiring an 8% stake in SoftBank, BCC and Fosun-backed Delhivery through a secondary transaction that will value the delivery services provider at almost $1.9bn.

Iyzico has agreed to an acquisition by Naspers-owned PayU sized at $165m, after raising $24m in equity funding between 2013 and 2017 from investors including Beenos.

Big data education provider Jigsaw Academy has been bought by Manipal Group four years after raising money from the corporate.

WeWork India, a local franchise of co-working space operator We Company that is backed by Embassy, is set to sell a 70% stake for a $1.9bn in cash and shares.

General Electric had considered spinning out its corporate venturing operation, but has now shifted its focus to finding a buyer for a portfolio consisting of stakes in more than 100 companies.

Avi Networks, which raised $115m from investors including Cisco Investments, has agreed to an acquisition by VMWare for an unspecified sum.

Tencent, Google and Alibaba are all set to exit the network switch technology developer, which had raised $130m prior to agreeing to an acquisition by Intel.

Cvent paid an undisclosed sum to purchase the event engagement platform developer in a transaction of undisclosed size that gave an exit to Grace Beauty.