Jun 11, 2014 | Central & Eastern Europe, News, Russia, Southeast Asia
East-West Digital News Over the past months Russian seed-stage fund SpinUp Partners has invested in two Asian startup accelerators – a pioneering move among Russian funds, which usually consider California the prime destination in their global investment strategy. In...
Jun 11, 2014 | Central & Eastern Europe, News, Russia
KidBook, a startup with an interactive library of educational and training multimedia books for children, has raised 10 million rubles (approximately $300,000) in its first round of funding. The funds, which have been provided by a group of individual investors led by...
Jun 9, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Mobile app builder iBuildApp has raised $200,000 from Starta Capital and Nikolay Belykh. iBuildApp is an international project that enables clients to build and manage mobile apps. As well as being a resident of Moscow’s Skolkovo IT-Park, the...
Jun 5, 2014 | Central & Eastern Europe, News, Russia
Moscow Times Gazprom Neft, the oil-producing arm of Russian state gas company Gazprom, has finalized sponsorship deals with the SKA and Avangard hockey clubs worth a total of about 2 billion rubles ($57 million), Vedomosti reported Wednesday. The St. Petersburg-based...
Jun 5, 2014 | Central & Eastern Europe, MENA, News, Russia
East-West Digital News Last week, Flint Capital a Moscow-based venture fund launched last year, announced that it has increased its committed capital to $50 million – up from $30 million previously – following an agreement with a new and undisclosed LP. This...
Jun 5, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News June 6, 2014 Banki.ru, one of the largest B2C banking portals on the Russian-language Internet, has acquired Finparty.ru, a resource offering informal coverage of the finance industry, IKS Media reported last week. Founded in 2010, Finparty also...