Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.

Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.

Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.

Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.

Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.

Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.

Diageo Plc expressed its interest in acquiring 29 percent United Spirits stake, reported ET. Diageo Plc expressed interest in getting a strong grip in United Spirits as it looks in expanding into international operations in the biggest whiskey market in the world.

Financial services startup Betterment has received USD32 million funding round from new and previous investors, reported TechCrunch.

Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.

Kenya's Britam would acquire 30 percent stake in Continetal Re Kenya Ltd in a deal valued USD3.5 million, reported Ventures Africa.

Jordanian startup Mixed Dimensions has raised USD1 million to go mainstream with 3D tools, reported TechCrunch.

Embattled Canadian smartphone maker BlackBerry has acquired healthcare IT firm NantHealth, reported TechCrunch.

Hacker Andrew Auernheimer a.k.a Weev has been freed from prison and talked about establishing a new hedge fund called TRO LLC, reported TechCrunch.

Naguib Sawiris has been looking at a potential investment in Telecom Italia, his latest attempt after failing to get hold of stake two years ago, reported Ventures Africa.

Zebra Technologies Corporation and Motorola Solutions has signed a deal for a merger agreement valued USD3.45 billion, reported ET.

Comcast Corp and Time Warner Cable's merger was backed by Washington Post in an editorial posted Tuesday, reported Reuters.

Rocket Internet's Lamudi has received USD7 million funding from Tengelmann Ventures and other new investors left undisclosed, reported TechCrunch.

Technology-first beauty brand Julep has taken in USD30 million funding, reported TechCrunch. Julep, an Andreessen Horowitz-backed beauty platform, thinks that the beauty market is short of innovation.

TIAA-CREF has agreed to acquire Nuveen Investments in a deal valued USD6.25 billion, reported Bloomberg.

Twitter executives said that they had no plans to sell their holdings in the social media platform, reported Bloomberg.

Startup Brigade Media has raised USD9.3 million from Sean Parker, Marc Benioff and Ron Conway, reported TechCrunch.

A German newspaper reported that furniture and household appliances magnate Steinhoff would debut on Frankfurt, Germany through an IPO later this year.

Vevo and Yahoo are expanding their partnership through a deal allowing Yahoo Screen to show viewers Vevo programs, reported TechCrunch.

Startup Lifesum has taken in investment from Bauer Media Group and SparkLabs Global Ventures valued USD6.7 million, reported Bloomberg.

Glencore Xstrata sold its Peru copper mine to consortium led by China MinMetals in an all cash deal valued USD5.8 billion, reported Ventures Africa.

Former Amazon Web Services executive Alyssa Henry joins Square Inc., a crucial move following the company's announced public debut within this year.

NBK Capital appointed Perella Weinberg Partners as its adviser on a planned stake sale, reported Bloomberg.

Men's shorts manufacturer and retailer Chubbies has received USD4 million investment, reported TechCrunch.

Growthpoint Properties Ltd. has agreed to acquire stake in two real estate firms in South Africa following a share-swap deal, reported Bloomberg.

Davy, the biggest securities firm in Ireland, has become the biggest shareholder of the Irish Stock Exchange after the bourse awarded six members to take part in a windfall valued EUR27.5 million, reported Bloomberg.