Russia’s ru-Net Invests in Turkish E-commerce Startup Lidyana

Bloomberg 28 June 2012 Russia’s ru-Net has invested 6 million liras ($3.3 million) in Lidyana.com, a Turkish firm that sells jewelry and accessories over the internet, according to an e-mailed statement from Lidyana today. The investment will be used to help the...

EBRD Strengthens Presence In Russia by Investing in Belaya Dacha

Invest IQ 22 June 2012 Speaking of Russia, year 2012 seems to be the “Year of Health” at EBRD. Two of their investments targeted the area of healthcare, which is taken here in its broadest sense: as meaning medical services and products but also as a preventive,...

KupiVip raises $38 million from leading Western funds

East-West Digital News 21 June 2012 KupiVip Holding, the owner of the largest online fashion shopping club in Russia, has raised $38 million in a Series D funding deal led by Intel Capital, with new investment from Acton Capital Partners and the European Bank of...