Naspers and Tencent-backed Ibibo has acquired India-based RedBus, an online bus ticketing service, in a deal valued in the region of a reported $135m. The deal also marks an exit route for RedBus backers.

In November, SoftLayer expanded its incubator support program into Canada.

In April, Guavus extended its series D round by $9m by adding investment bank Goldman Sachs and venture capital firm TransLink Capital as investors in its syndicate.

Biopharmaceutical firm Okairos is acquired by GlaxoSmithKline for $325m.

JouleX, which has had previous investment from Cisco, has been acquired by the computer network server company for $107m.

Latin America private equity player GP Investments has joined forces with US secondaries specialist Newbury Partners and US multi-asset manager Fortress Investment Group to acquire and fund a new investment strategy through Switzerland-based private equity firm Apen. A total of $280m was provided in a mix of equity and debt finance, which will ultimately enable GP Investments to widen its remit into the secondaries segment.

US-based subscription e-commerce site for fashion walks into France and Spain with latest acquisition.