3P Learning held a 40% stake in Learnosity after having most recently invested $13.9m in 2016, but has now sold it to Battery Ventures.

Coatue Management, Altimeter Capital and TPG are reportedly among the investors involved in the round, allowing employees of corporate-backed Uber to sell shares.

Reliance Industries has agreed to merge its digital music platform, JioMusic, with streaming service Saavn, investing up to $100m in the combined business.

Naspers, which invested $32m in the internet group in 2001, three years before its IPO, will reduce its stake from 33.2% to 31.2%.

Zomato has received $150m from Alibaba's financial services affiliate, which also bought $50m of shares from classified listings operator Info Edge.

Allianz X has invested $30m to co-lead a $100m funding round for online business lending platform C2FO with Mubadala Investment Company.

The e-commerce holding group has now sold nearly $1.2bn of its shares in the publicly-listed food delivery platform, having invested $568m in 2015.

The investment includes a $50m secondary share purchase from Info Edge and values restaurant listings platform Zomato at $1.1bn.

The round will enable medical apparel producer Figs to buy out its earlier investors, which include Crocs, leaving Tulco its only external backer.

Canada Pension Plan Investment Board has bought secondary shares in the renewable energy developer, which is backed by corporate JV Jera.