LinguaLeo raises $3 million, fulfills “American dream”

Jun 15, 2012 | News

East-West Digital News 15 July 2012 LinguaLeo, a Russian startup with a web service that teaches English using popular TV serials, books and contextual dialogues, has just secured $3 million from Runa Capital, a major Moscow-based venture fund. The site now serves 1.5...

SuperJob Superjob seeks minority shareholder “for successful IPO”

Jun 15, 2012 | News

East-West Digital News 14 July 2012 Morgan Stanley has been mandated by Superjob.ru, a leading online recruitment platform with 3.2 million unique users monthly, to find a potential acquirer of a minority stake, Russian business daily Kommersant reported yesterday....

Indian Digital Ad Firm Komli Raises $39 Million

Jun 14, 2012 | India, News

Wall Street Journal India Google Inc. dominates India’s nascent Internet advertising industry – so much so, that the country’s antitrust regulators are investigating the company for anti-competitive practices. But the U.S. tech giant isn’t the only option for Indian...

Russian Education Portal Dnevnik.ru Bags $5 Mln Funding From Runa Capital

Jun 14, 2012 | News

InvestIQ 6 June 2012 Prolific Russian PE investment firm Runa Capital has provisioned a USD 5 mln funding for domestic social education network company Dnevnik.ru. The news was disclosed at the May 29 DLD Moscow event. The funding will allow the online school service...

AGC makes biggest-ever Middle East investment in RussiaAGC makes biggest-ever Middle East investment in Russia

Jun 14, 2012 | News

Emerging Markets.ME 14 May 2012 AGC Equity Partners has acquired $175m interest in a major Russian generating company in what is seen as the largest-ever Middle East investment in Russia. The London-headquartered firm with a team in the Middle East is part of an...

AFK Sistema lays out $15 million to buttress Omlet.ru as content startup rebrands

Jun 14, 2012 | News

East-West Digital News 11 June 2012 AFK Sistema, a Russian LSE-listed holding, announced last week that it has invested in Stream.ru, a paid video content portal formerly known as Omlet.ru. Stream.ru was launched in 2009 by MTS, a Sistema subsidiary and a leading...