Reuters – Internet auction and services company EBay Inc has reached a deal to sell its online telephony unit Skype to a group of private investors, the New York Times said, citing two people briefed on its plans.

Andreessen Horowitz, a new venture capital firm headed by the Netscape co-founder Marc Andreessen, is likely to be among the investors in the group, the paper cited the people as saying.

London-based Index Ventures and Silver Lake Partners may also be involved in the deal, one of the people told the paper.

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Tags: co founder, london, private investors, venture capital firm

Reuters India – Vudayagiri said he will be transitioning out of Lightspeed by end of this month.

Sreenivasulu "Srini" Vudayagiri, an India based Venture Director with Lightspeed Venture Partners, is quitting the venture capital firm. When contacted, Vudayagiri said, "I will be transitioning out of Lightspeed by end of this month." He declined to comment on his next move, saying he will announce his plans at an appropriate time. "I will continue to be in the industry," Vudayagiri said.

Vudyagiri joined Lightspeed in 2007 from Thomas Weisel International, where he was heading the India-focused fund of funds. Thomas Weisel’s India fund was sold off to Guggenheim Partners last year.

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Tags: guggenheim partners, india-fund, lightspeed venture partners, reuters, thomas weisel, venture capital firm