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Rocket Internet Fashion Ecommerce Startups, Lamoda & Dafiti, Get €25M From World Bank Group’s IFC

Rocket Internet Fashion Ecommerce Startups, Lamoda & Dafiti, Get €25M From World Bank Group’s IFC

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,...
European Carpooling Site BlaBlaCar Rides Into Russia And Ukraine Via Acquisition

European Carpooling Site BlaBlaCar Rides Into Russia And Ukraine Via Acquisition

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...
Vkontakte founder sells his stake while the social network sets new traffic record

Vkontakte founder sells his stake while the social network sets new traffic record

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...
Professional Catering Equipment Manufacturer in Greece

Professional Catering Equipment Manufacturer in Greece

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...
Angel investment grew fourfold in 2013

Angel investment grew fourfold in 2013

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...
Oktogo.ru raises $5 million and switches to Travel.ru

Oktogo.ru raises $5 million and switches to Travel.ru

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...
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