The private equity unit of financial services firm Kotak Mahindra Group reportedly invests $24.4m in the automotive parts supplier.

Sberbank backs Troika Dialog's corporate venturing unit shortly after the merger of the two Russia-based financial institutions.

Google Ventures backs long-time Google employee Dave Girouard, who was a manager of consumer applications like Gmail, Google Calendar and Google Docs, to be an up

Goldman Sachs is reportedly eyeing divesting it electronic trading software group Redi Technologies.

Swisscom Ventures, the in-house venture capital division of the eponymous Alpine telecoms operator, and bank Credit Suisse's corporate venturing unit SVC - Ltd. for Risk Capital for SMEs, provided the $2m.

The $250m fund will reportedly be managed by Fidelity Growth Partners Asia (formerly known as Fidelity Asia Ventures).

The US-based technology business management company takes its total funds raised to $91m.

H&R Block signs strategic partnership and investment with mobile payments company Wipit.

The exchange owned by a number of big US banks and trading companies sets the range for a flotation which will see it trade on its own exchange.