Aug 27, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Leading Russian payment company Qiwi, which launched an in-house venture activity in early 2013, announced earlier this month its first investment. The group invested in Carbay.ru, a web and mobile service created in May of this year to help...
Aug 14, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Almaz Capital Partners, one of the most established Russian venture funds, has discretely launched a second fund with $102 million under management. No noisy announcement was made, but the news was reported in late July by the financial press...
Aug 2, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News A few months after the merger of Avito,ru, Olx.ru, and Slando.ru, which have formed Russia’s leading online classifieds company, market consolidation continues with Media3’s acquisition of Cian.ru. A major Russian media publishing, commercial...
Jul 29, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Investing in US startups has become a habit for certain Russian venture funds, as shown by a recent $700,000 capital injection into California-based Venturocket.com, an innovative online “talent discovery platform.” The round was led...
Jun 30, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News 28 June Moscow-based startup Travelata.ru has just raised $5 million in a Series A round from Polish private equity fund MCI Management. The capital injection went through Invia.cz, one of MCI’s portfolio companies, which sells package tours...
