Tiger Global Management sold a 10% stake to Tencent in a deal that valued PolicyBazaar owner ETechAces, whose backers include InfoEdge and SoftBank, at $1.5bn.

Jin Jiang International and Legend Holdings will get exit routes through the deal, which is set to give SoftBank a stake in the workspace provider sized at about 80%.

Tencent and Ookbee are both selling shares in their online literature joint venture, with China Literature subsidiary Cloudary investing $10.5m.

Vision Fund sold 4.9 million shares in cancer test developer Guardant Health at more than four times their price in the company's 2018 IPO.

Reliance Industries has acquired a majority stake in the fashion e-commerce platform through a $41.7m majority stake purchase that will enable Google to exit.

Woodford Investment Management has reduced its holding in Mercia Asset Management amid reports its Patient Capital Trust could move to replace Neil Woodford as manager.

Lightspeed and Sequoia are selling part of their shareholding back to Oyo’s founder for a combined $1.5bn as Oyo also seeks to raise up to $1.5bn in new funding.

CEO Adam Neumann has divested a total of $700m in shares of SoftBank-backed co-working space provider The We Company to undisclosed buyers.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Canada Pension Plan Investment Board is in the process of acquiring an 8% stake in SoftBank, BCC and Fosun-backed Delhivery through a secondary transaction that will value the delivery services provider at almost $1.9bn.