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 8, 2013 | Central & Eastern Europe, East Asia, News, Russia
The Moscow Times Businessman Richard Hainsworth has sold out of local rating agency RusRating, shifting his attention to building an international rating business in Hong Kong. The new owner, Alexander Zaitsev, vowed Friday that he would expand the agency and...
Dec 8, 2013 | Central & Eastern Europe, Latin America, News, Russia
Dec 6 (Reuters) – Russia’s No. 2 oil producer, Lukoil, has been in talks with international majors about selling its stake in a consortium developing a large oil project in Venezuela, Kommersant daily reported on Friday, citing sources. Lukoil declined...
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...
