XSML unlocks the Congo river with investment in SOGETRA

Oct 4, 2012 | Africa, News

African Venture Capital Association 2 October 2012 Kinshasa: XSML announced today its investment in SOGETRA SPRL, through its Central Africa SME Fund. The investment in SOGETRA, involved in river and road transport in Congo, will be used for the construction of new...

Dentist appointment startup launches with $5 million in funding

Oct 4, 2012 | News

East-West Digital News Muscovites can now locate a dentist and book dental appointments online. Launched earlier last week, ‘Timetovisit.ru’ has already selected 400 Moscow dentistry practitioners to add to its database and plans to serve all of Russia’s major cities...

Crowdfunding platforms make their first steps in Russia

Oct 4, 2012 | News

East-West Digital News 2 October 2012 Young Russian film makers, musicians, fashion designers, game developers and tech innovators are now offered a new way to raise the early stage financing they need. Several Russian language crowdfunding platforms have been...

Inter RAO Lietuva plans Warsaw IPO – shareholder

Oct 4, 2012 | News

Reuters 2 October 2012 Inter RAO Lietuva, a Baltic electricity trader 51 percent owned by Russia’s Inter RAO, plans to hold an initial public offering in Warsaw at the end of 2012 or the beginning of 2013, an Inter RAO official said. Ilnar Mirsiyapov, a board...

Sonata to sell 50.1% stake in TUI InfoTec for up to $15M

Oct 1, 2012 | India, News

VCCircle 1 October 2012 The IT consulting and software services firm has sold its stake in the loss making JV for less than what it acquired it for six years ago. Sonata Software’s wholly owned subsidiary Sonata Europe has struck a deal to sell its 50.1 per cent stake...