Reliance completes first US flotation from its portfolio, sells Pelago and sees investment in its Yatra.

Kosmix exits to Wal-Mart Stores having previously raised $20m primarily from Time Warner in December 2008 to take its then-total funding to $55m.

Intel Capital sold its final 2.29% stake in Persistent held by its $250m Intel 64 Fund for R36.21 crore ($8.1m), according to news provider VCCircle estimates.

Investment banks Stifel Nicolaus Weisel and Piper Jaffray are co-lead underwriters of Envivio's initial public offering (IPO) and the company posted a $2m net loss on $30m of revenues last year, according to its regulatory filing.

Softbank owns 39.6% of RenRen after buying more than a third of the company in 2008's series D round for $415m and will be diluted to 34.2% after the initial public offering.

Private equity firm Symphony Technology Group has acquired a majority ownership interest in ImpactRx, leaving Merck Capital Ventures, the corporate venturing unit of US-based drugs group Merck, a shareholder.

TGS will pay $45m initially and up to $35m in performance fees for Stingray Geophysical.

publisher International Data Group's China-based corporate venturing unit floats Qihoo 360 Technology with first day pop and raises two funds.

News provider VentureWire said RPO's bankruptcy filing came after a potential customer pulled out of an order.

Sequans will offer 9.17 million American Depositary Shares (ADSs), representing an ordinary share and being sold for $11 to $13 each.