Oct 17, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Lifting any possible doubt about the resilience of Ukraine’s high-tech sector in these troubled times, the IDCEE conference was held brilliantly last week at the Olympic stadium of Kiev. Some 2,000 local and foreign startup entrepreneurs,...
Oct 17, 2014 | Central & Eastern Europe, News, Russia
Moscow based fund Guard Capital has bought 15% of DoktorNaRabote, a Russian social network for doctors, for $2.8 million. The project’s cofounder Stanislav Sazhin stated that the business angels from whom Guard Capital purchased its stake left the company having made...
Oct 15, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Yesterday Life.SREDA, a Moscow-based venture fund focusing on mobile and online fintech startups, announced plans to launch a second, internationally oriented fund of $100 million. Existing Life.SREDA backers have already provided one fifth of...
Oct 15, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Softline Seed Fund, a VC fund set up in the end of last year by the Softline and government-owned RVC Seed Fund, has invested 7.5 million (nearly $190,000) in the Business Family online network in exchange for a 7% stake in the company. The...
Oct 13, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Gazprom-Media, a leading media holding affiliated with gas giant Gazprom, is about to acquire an 82.7% stake in WebMediaGroup, the owner of several Internet and e-commerce sites in Russia. The planned acquisition was appoved last week by the...
Oct 9, 2014 | Central & Eastern Europe, News, Russia
Moscow Times October 10, 2014 MTS, Russia’s biggest mobile phone operator, on Thursday received the go-ahead to buy a 49 percent stake in major mobile phone retailer Svyaznoy, according to a statement on the Federal Anti-Monopoly Service’s website. The...
