Bright Capital funds fotoshkola.net for international expansion

East-West Digital News 4 October 2012 Bright Capital, the international venture investment arm of Russian billionaire Mikhail Abyzov, has invested “from $3.5 million to $4 million” in exchange for a minority stake in Fotoshkola.net, RBC Daily reported earlier this...

Aurora invests $1 million in 3D interior design startup

East-West Digital News 4 October 2012 Russian venture fund Aurora Venture Capital has invested 30 million rubles, or a little less than $1 million, in Apartama.ru, a Moscow-based online retailer of furniture, house appliances and interior design items. The deal was...

Delivery Club raises $4 million from Addventure

East-West Digital News 2 October 2012 Moscow-based online food ordering company Delivery Club announced last week it has completed a $4 million second round of financing from its existing investor Addventure, a major Russian venture fund. The funds will be invested in...

Russia’s Polyplast to hold IPO

Prime Business News Agency 11 October 2012 The Russian chemical producer Polyplast plans to hold its initial public offering (IPO) in 2012 on the Moscow merged exchange MICEX-RTS and a secondary public offering (SPO) in 2016-2017, the company said in a statement...

MegaFon Confirms London IPO

Moscow Times 9 October 2012 The country’s second-largest mobile phone operator, MegaFon, said Tuesday that it plans to launch an initial public offering on the London Stock Exchange. The IPO, to be completed in the fourth quarter, will give investors the chance...