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AddVenture invests in e-store Nebo.ru and food delivery startup Chefmarket.ru

AddVenture invests in e-store Nebo.ru and food delivery startup Chefmarket.ru

Dec 13, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Nebo.ru (‘sky’ in Russian), the largest Russian online jewelry store to date, has attracted a $2 million investment from Moscow-based fund AddVenture. The transaction, which terms have not been disclosed, was negotiated in October...
iTech Capital invests $10 million in Ticketland

iTech Capital invests $10 million in Ticketland

Dec 9, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News iTech Capital, a Russian PE & VC fund, announced earlier this week that it has invested $10 million in Ticketland, a major Russian event ticketing company. More than two million tickets for more than 40,000 events are marketed annually via...
Flint Capital and Prostor Capital invest $3 million in online financial services

Flint Capital and Prostor Capital invest $3 million in online financial services

Dec 6, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Prostor Capital and Flint Capital have invested $3 million in equal shares in Federal Finance Group, a group of companies developing online financial services. The terms of the deal have not been disclosed. The group, founded in October...
Government fund of funds RVC celebrates birth of domestic venture industry

Government fund of funds RVC celebrates birth of domestic venture industry

Dec 6, 2013 | Central & Eastern Europe, News, Russia

East-West Digital News Last week RVC (formerly known as Russian Venture Company) presented its updated development strategy for the coming years. The state-owned fund of funds, whose mission is to support venture activity and stimulate innovation in the country,...
Russian Internet Technology Fund invests $1.7 million in Swiss online headhunting service Talentory.com

Russian Internet Technology Fund invests $1.7 million in Swiss online headhunting service Talentory.com

Dec 5, 2013 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News The Russian Internet Technology Fund (RITF) announced last week that it has injected CHF 1.5 million ($1.7 million) in Zurich-based Talentory AG, the operator of online headhunting platform Talentory.com, in exchange for a substantial minority...
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