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Yandex Shares Leap and Fall in First Day Trading

Yandex Shares Leap and Fall in First Day Trading

Jun 4, 2014 | Central & Eastern Europe, News, Russia

Moscow Times Shares in Russian search engine Yandex had a rollercoaster first day on the Moscow stock exchange, rising in early trading to exceed the company’s New York share price by 36 percent before dropping back 25 percent by the day’s end. After 35...
New Russian fund plans to invest up to $100 million in P2P and fintech startups across the world

New Russian fund plans to invest up to $100 million in P2P and fintech startups across the world

Jun 4, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News June 4, 2014 Finam, one of Russia’s most well-established financial groups, has teamed up with Skagit Investment, a Moscow-based IT investment company, to launch an international venture fund, christened FinSight Ventures, which aims to raise...
Russian winemaker pays EUR8m for Prosecco producer Contarini

Russian winemaker pays EUR8m for Prosecco producer Contarini

Jun 2, 2014 | Central & Eastern Europe, News, Russia, Western Europe

Decanter April 22, 2014 Sparkling wine producer Igristy Vina has joined a growing number of Russian drinks firms buying foreign wine labels, after closing a deal for Italy’s Contarini. Igristy Vina has agreed to pay €8m for Prosecco DOCG producer Contarini, and will...
BlackRock Emerging Europe: ‘incredibly cheap shares … in Russia’

BlackRock Emerging Europe: ‘incredibly cheap shares … in Russia’

May 30, 2014 | Central & Eastern Europe, News, Russia

Telegraph May 30, 2014 David Reid, manager of BlackRock’s Emerging Europe investment trust, says Russia is now as cheap as it was after the financial crisis. The BlackRock Emerging Europe investment trust, managed by David Reid and Sam Vecht, has grown well over...
Flipkart raises $210 million; will utilise funds for acquisitions

Flipkart raises $210 million; will utilise funds for acquisitions

May 30, 2014 | Central & Eastern Europe, India, News, Russia, South & Central Asia

Economic Times May 26, 2014 NEW DELHI: Days after closing the biggest acquisition deal in the Indian e-commerce space, online marketplace giant Flipkart today said it has raised $210 million in a fresh round of funding, bringing the private equity firm DST Global on...
Russian funded French startup Capptain acquired by Microsoft

Russian funded French startup Capptain acquired by Microsoft

May 29, 2014 | Central & Eastern Europe, France, News, North America, Russia, Western Europe

East-West Digital News Yesterday, French mobile analytics startup Capptain, which so far had been funded by Moscow-based venture fund Runa Capital, announced it was being acquired by Microsoft. The amount of transaction has not been disclosed, but Runa’s PR...
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