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...
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...
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...
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,...
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...