Jul 19, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News On Thursday Russia’s hot online travel market saw its third major venture funding operation in one month as OnlineTours, a reseller of package tours, closed a $7 million Series B round. The funds were brought in by a VC consortium that includes...
Jul 15, 2014 | Central & Eastern Europe, MENA, News, Russia
Moscow Times July 15, 2014 Turkish companies are planning to build a five-star hotel complex in Makhachkala, the capital of Russia’s restive southern region of Dagestan, at a price of more than $100 million. Named Sarir after a medieval kingdom that once resided...
Jul 14, 2014 | Central & Eastern Europe, France, News, Russia, Western Europe
East-West Digital News This year, four Russian companies represented Russia at the international IT event Futur en Seine, which took place in Paris on June 15-22. Invited by RusBase, an international resource covering the Russian startup and venture scene, the Russian...
Jul 11, 2014 | Central & Eastern Europe, News, Russia
Moscow Times Onexim Group, owned by billionaire and Brooklyn Nets owner Mikhail Prokhorov, has bid to purchase 100 percent of shares in the influential Russian business daily Vedomosti, Russian media reported, citing sources close to the tender. Vedomosti — which is...
Jul 9, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News July 9, 2014 Russian tech portal CNews.ru reported last week that Livetex, a St. Petersburg developer of online communication tools, has secured $4 million from Russian fund Vaizra Capital at an undisclosed valuation. The company will use the...
Jul 8, 2014 | Central & Eastern Europe, News, Russia
In late June Russian fund AddVenture teamed up with the Moscow Seed Fund, the venture arm of the Moscow city authorities, to inject a second investment tranche into Moscow startup ChefMarket.ru, following an initial investment in December last year. ChefMarket offers...
