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Dashboard Systems receives $2 million from Buran Venture Capital and LANIT

Dashboard Systems receives $2 million from Buran Venture Capital and LANIT

Dec 2, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Dashboard Systems, a Russian corporate software publisher, has raised “more than 100 million rubles” (approximately $2 million at the current exchange rate) from Russian IT firm LANIT and fund Buran Venture Capital, Vedomosti...
Russia’s Run Capital injects $6 millon in Californian mobile marketing startup AppInTop

Russia’s Run Capital injects $6 millon in Californian mobile marketing startup AppInTop

Nov 27, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News AppInTop, a California-based company founded by Russian serial entrepreneur Nikolay Evdokimov, has secured $6 million in a Series A round from Moscow-based Run Capital. The capital injection will be used for marketing and business development....
Mail.ru group to sell headhunter business to investor consortium led by Elbrus Capital

Mail.ru group to sell headhunter business to investor consortium led by Elbrus Capital

Nov 25, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News Mail.ru Group, a leading, LSE-listed Russian Internet group, is to sell 100% of shares in HeadHunter (hh.ru) to a consortium of investors led by direct investment fund Elbrus Capital. The deal, which is worth a total of 9.85 billion rubles (a...
Rambler & Co seeks startups in its shift to becoming an Internet tech firm

Rambler & Co seeks startups in its shift to becoming an Internet tech firm

Nov 24, 2014 | Central & Eastern Europe, News, Russia

Rambler & Co, a major Russian tech media group, is seeking to move away from its present status as a media company towards Internet technologies. As reported by Russian daily Vedomosti, the company is creating two startup accelerators to achieve this goal....
Russia’s Imperious Group injects $400,000 in American-Ukrainian private jet service startup Jetme

Russia’s Imperious Group injects $400,000 in American-Ukrainian private jet service startup Jetme

Nov 24, 2014 | Central & Eastern Europe, News, North America, Russia

In California, Ukrainian developers have launched the startup JetMe, a service which allows users to reserve and pay for flights on private jets to any point around the globe. One of the startup’s founders is Yuriy Romanyukha, an associate for Russia-based...
Chinese Investors May Gain Access to Russian Hydroelectric Assets

Chinese Investors May Gain Access to Russian Hydroelectric Assets

Nov 21, 2014 | Central & Eastern Europe, China, East Asia, News, Russia

The Moscow Times RusHydro, one of Russia’s largest power generating companies, is set to offer a majority stake in its far-eastern subsidiary to Asian investors, a news report said Friday. The asset in question is RAO Energy Systems of the East, in which...
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