Intel Capital-backed India-based travel company Yatra has reportedly acquired BuzzInTown, an Indian events listings business also backed by the US chipmaker's corporate venturing unit.

Praj will buy 50.2% of Neela for R64 crore from Tata, stock market investor Rakesh Jhunjhunwala and the Norwegian sovereign wealth fund, according to news provider VC Circle.

Yum had previously taken a minority stake in Little Sheep from private equity firm 3i.

PicoChip, a semiconductor technology firm backed by Intel, AT&T and Samsung, has been acquired by semiconductor corporation Mindspeed Technologies for more than $50m.

Corporate-backed biodiesel producer and supplier the Renewable Energy Group sets the range of its IPO, and looks to raise as much as $100m.

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.

Accelrys buys the medical software company previously backed by General Electric and other venture investors

Rahu was founded in early 2006 as a spin-out from Anglo-Dutch consumer goods maker Unilever's Ventures unit that incubates ideas and takes minority equity stakes in UK entrepreneurs and managed by co-founders Paul Smith and Dermott Hill.

The music company backed by News Corporation, Intertrust Technologies, the Wellcome Trust and Allen & Co. is reportedly winding down, despite announcing it had raised $77m last year.