Times Group has taken a stake in web services company Girnar as part of Girnar's acquisition of Times-owned automotive marketplace Zigwheels.

Solid state battery developer Sakti3 had raised about $50m from investors including General Motors, Itochu and Dyson, now its new owner.

The online media company will acquire a 70% stake in car sharing service Yongche, which is backed by Qualcomm, Ctrip and Baidu.

MedImmune, Amgen and GlaxoSmithKline are all set to exit Adheron in a deal that could potentially rise to $580m if all milestones are met.

SAP-backed Sapphire Ventures will exit the ticketing technology platform through an acquisition that will expand music recommendation service Pandora's product offering.

The China-based local services and group buying companies had raised a combined $2.6bn from backers including Alibaba, Tencent, Xiaomi, Fosun and Wanda Group.

Cloud application technology provider Intalio had raised about $60m from investors including Sapphire Ventures, formerly part of enterprise software company SAP, and VMware.

Vodafone and MTI will exit cloud communications technology company Jibe, which had raised $9.1m, as Google agrees to buy it for an undisclosed sum.

Axel Springer took a 9% stake in the online media company in January and will own 97% after the closure of a deal that values it at $390m cash and debt-free.