Tengelmann Ventures and corporate JV Asia Pacific Internet Group have exited online automotive retail platform Carmudi's local spinoff in an acquisition by CarDekho.

The number of flotations of companies that have previously received corporate backing has been growing over the past years but by the end of 2019 they may register a slight slowdown.

Bertelsmann India Investments has exited user-generated media platform Roposo in an acquisition by InMobi Group estimated to be $20m in size.

Palo Alto Networks is set to pay $150m in cash to buy Aporeto, which had raised nearly $35m from investors including Comcast, Symantec, Telia and National Grid.

Sonos paid $37.5m to buy the voice app development platform, which had received more than $21m in funding from investors including Maif Avenir.

Cloud upload technology developer CloudSimple has become part of Google Cloud having raised funding from Microsoft subsidiary M12 last year.

The Vcanbio-backed cancer diagnostics technology provider has filed to go public in the US having raised another $71m from investors including Alexandria Venture Investments.

Allied Minds' co-CEOs and chairman are under pressure from activist investor Crystal Amber despite having only taking their posts in June 2019.

Sport media brand The Players Tribune has agreed to be acquired, after raising $58m from investors including GV, most recently at a $140m valuation.

Tokyo's Mothers Market has approved an initial public offering for the space provider that would enable Opt, CyberAgent, Tokyo Tatemono, JTB, Tokyo Metro, Mynavi and Recruit to exit.