Consumer

Tate & Lyle Ventures is Lumora's major shareholder having previously backed the company.

German internet entrepreneur Stephan Uhrenbacher, the founder of the local review site Qype and the former head of northern European operations for the travel booking site Lastminute.com, launched 9flats in February.

News provider International Financing Review (IFR) said the Beijing-based company could soon mandate banks on the initial public offering, which is planned for the final three months of the year.

Monsanto had bought 3.3 million shares in Ceres's E round last year at $6.50 per share following a $137m collaboration signed in 2002 applying genomics technologies to identify genes that provide improvements in corn, soybean and certain other row crops, according to its regulatory filing.

Supplement covering the best practices shown by the industry over the past year as well as award winners from the inaugural Global Corporate Venturing event.

Research by Gary Dushnitsky, associate professor at London Business School, revealed at the Global Corporate Venturing Symposium on Wednesday found the outperformance covered both a company's market value to book value ratio and their innovation capacity, as judged by patents.

Gang Yu, co-founder and chairman of Yihaodian, said: "Walmart brings its global vision into our business. In addition, its supply chain excellence will help us gain a competitive edge in the e-commerce industry in China."

On Wednesday, Yahoo told the US regulator that Alibaba transferred its ownership of payments system Alipay to a new company controlled by Alibaba chief executive and co-founder Jack Ma.

Devyani runs KFC, Pizza Hut and Costa Coffee franchises in India (and recently in Nepal, pictured,) and news provider Economic Times said it planned to float by 2013, although these plans had been mooted five years earlier.

In addition to providing $62.5m, Softbank is providing Gilt Groupe Japan, which started in March 2009 and has more than 600,000 members, with cash, services and intangible property to establish a joint venture between the two companies in return for a 50% stake.

BP Alternative Energy Ventures, part of oil major BP's renewable energy sources division set up in November 2005 to invest $8bn by 2015, and DSM Venturing, which has Netherlands-based industrial group DSM as parent, were the two new investors in Verdezyne.