Jun 18, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Venture investment volumes in Russia fell 42% as the number of completed deals dropped 38% in Q1 2014, says Rye, Man and Gor Securities (RMG), an independent Moscow-based investment company, in their latest quarterly report published with the...
Jun 18, 2014 | Central & Eastern Europe, News, Russia
TechCrunch June 18, 2014 Rocket Internet-incubated foodpanda has acquired Delivery Club in a move it says will make the combined companies Russia’s leading food delivery service with over 2,500 restaurants. The value of the deal was undisclosed. Delivery Club, which...
Jun 17, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Yandex, the NASDAQ-listed Russian search giant, announced its plans to acquire Auto.ru, one of the leading online auto classifieds sites in Russia, for approximately $175 million in cash. The transaction, which remains subject to certain...
Jun 13, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Seleсtel, a data center company owned by Vkontakte cofounders Lev Leviev and Mikhail Mirilashvili, is investing about 1 billion rubles (about $29 million) in the first stage of a technopark in the Moskovsky district of St. Petersburg. It will...
Jun 13, 2014 | Central & Eastern Europe, News, North America, Russia, Western Europe
East-West Digital News Last week TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $200,000 investment in Whale Path, a Sunnyvale, California-based startup that offers an on-demand business research platform...
Jun 12, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Last week, Moscow-based fund Buran Venture Capital announced the first milestone for its second fund raising operation since launching in 2012. Buran plans to increase its committed capital to $30 million – up from the current $15 million – by...
