Jan 28, 2014 | Central & Eastern Europe, Latin America, News, Russia
TechCrunch Rocket Internet has secured new funding for two of its fashion-focused ecommerce startups, with a €10M investment for Lamoda, which operates predominantly in Russia and Kazakhstan, and €15M in equity investment for LatAm’s Dafiti (active in Brazil,...
Jan 28, 2014 | Central & Eastern Europe, News, Russia
TechCrunch The carpooling race in Europe has yet to produce a definitive winner, as Germany’s Carpooling.com and France’s BlaBlaCar continue to go head-to-head. Today, the latter is making its next move: BlaBlaCar is riding into Russia and the Ukraine...
Jan 27, 2014 | Central & Eastern Europe, News, Russia
Pavel Durov, the founder of VKontakte.ru (VK.com), Russia’s leading social network, has sold his 12% stake in the company to Ivan Tavrin, the general director of mobile operator Megafon and a member of the Mail.Ru Group‘s board of directors. In his post on...
Jan 2, 2014 | Central & Eastern Europe, Deals
The Company is a manufacturer of professional catering and galley heavy duty equipment for ships, hotels, restaurants, and hospitals. It is active within the professional catering and heavy equipment market for more than 80 years now. As a family owned business, the...
Dec 27, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Russia’s National Association of Business Angels (NABA), Atom Partners, a Moscow-based investment consultancy and high-tech investor, and RVC, the state-owned fund of funds dedicated to innovation, have presented the results of their 2013...
Dec 24, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Competition in the saturated Russian online travel sector is fierce, and one of the main players last week took the dramatic step of a complete rebranding as it seeks to differentiate itself from its rivals. Skolkovo resident Oktogo, which was...