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Grishin Robotics invests in Californian startup to “create a fresh approach to music.”

Grishin Robotics invests in Californian startup to “create a fresh approach to music.”

Feb 4, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Yesterday Boombotix, a San Francisco-based startup developing audio hardware and software, announced a $4 million strategic investment from existing and new investors. Among them is Grishin Robotics, a venture fund launched in 2012 by Mail.ru...
Russia’s Lenta to announce London share sale on Feb. 3

Russia’s Lenta to announce London share sale on Feb. 3

Jan 31, 2014 | Central & Eastern Europe, News, Russia

MOSCOW, Jan 31 (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, will announce plans for an initial public share offering on Monday, a source close to the deal said on Friday. Financial market sources also said they...
Yandex invests in MultiShip: A perfect match on the Russian e-commerce service scene

Yandex invests in MultiShip: A perfect match on the Russian e-commerce service scene

Jan 31, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Yandex announced earlier this week an agreement with MultiShip, a Moscow-based startup that aggregates offers from different shipment companies to help online retailers optimize their deliveries across the country. In addition to acquiring a...
Slovenia agrees second selloff for reported $25 mln

Slovenia agrees second selloff for reported $25 mln

Jan 30, 2014 | Central & Eastern Europe, News

LJUBLJANA, Jan 30 (Reuters) – Slovenia has sold the second public company from a list of 15 state assets slated for privatisation for a reported 18 million euros ($25 million), as part of efforts to revive its economy after narrowly avoiding an EU/IMF bailout...
German web hosting startup Cloudpartner.de secures €1.5 million from Runa Capital

German web hosting startup Cloudpartner.de secures €1.5 million from Runa Capital

Jan 29, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Berlin-based web hosting startup cloudpartner.de has raised €1.5 million from Runa Capital, a Moscow-based venture fund operating internationally. This Series A round – the terms of which have not been disclosed – will help the company provide...
World Bank Group’s IFC invests €10 million in online fashion retailer Lamoda.ru

World Bank Group’s IFC invests €10 million in online fashion retailer Lamoda.ru

Jan 28, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Lamoda, a leading Russian online fashion retailer, announced today an equity investment of €10 million from IFC, a member of the World Bank Group. This investment – the first by IFC in Lamoda – aims to “support the company’s expansion as...
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