Apr 23, 2013 | Central & Eastern Europe, News, Russia
In a controversial TV program aired yesterday, Ilya Shcherbovich, the president of the UCP fund, which has just acquired a 48% stake in Vkontakte, brought some clarity to his strategy as a major shareholder of Russia’s first social network. Shcherbovich...
Apr 18, 2013 | Central & Eastern Europe, News, Russia
United Capital Partners (UCP), a major Russian fund operating in various industries, claims to have acquired a 48% stake in the country’s leading social network Vkontakte.ru, also known as VK.com. The transaction has been put at doubt, however, by the site’s...
Apr 5, 2013 | Central & Eastern Europe, News, Russia
A group of e-commerce entrepreneurs from Rostov-on-Don in southern Russia has secured $300,000 in equity investment – including $200,000 from the Moscow Seed Fund and $100,000 from angel investor Andrei Golovin – to launch Sendmebox, a platform to help Russian online...
Mar 29, 2013 | Central & Eastern Europe, News, North America, Russia
RVC USA, the Boston-based representative office of the Russian state-owned fund of funds RVC, is raising a new venture fund to back US startups with connections to Russia and help Russian startups enter the US market. While the Russian government might raise $20...
