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Flint Capital invests in online marketing platform SailPlay

Flint Capital invests in online marketing platform SailPlay

Apr 3, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News April 3, 2014 Flint Capital, a $30 million high-tech investment fund based in Moscow, has invested in SailPlay, a solution provider for retailers building loyalty programs. Neither the amount of the deal nor the valuation of the startup have...
Russian TV gear maker acquires Portuguese IT assets, eyes new markets

Russian TV gear maker acquires Portuguese IT assets, eyes new markets

Apr 3, 2014 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News April 3, 2014 GS Group, a St. Petersburg-based industrial holding with vested interests in telecommunications, has bought into Novabase, the leading IT player in Portugal, and is paving the way for a major expansion in Western Europe and Africa....
Russia to Make Crimea Special Economic Zone With Zero Tax Rate

Russia to Make Crimea Special Economic Zone With Zero Tax Rate

Mar 31, 2014 | Central & Eastern Europe, News, Russia

Moscow Times March 31, 2014 SIMFEROPOL, Crimea — Russia will make Crimea a special economic zone offering tax breaks and reduced bureaucracy to attract investors, Prime Minister Dmitry Medvedev said Monday. “Our aim is to make the peninsula as attractive as...
Russia to Privatize Additional 431 Companies Through 2016

Russia to Privatize Additional 431 Companies Through 2016

Mar 31, 2014 | Central & Eastern Europe, News, Russia

Moscow Times April 1, 2014 The Cabinet approved a plan to privatize an additional 431 companies through 2016, according to a document published on the government’s website Monday. About 20 percent of Novorossiysk Commercial Sea Port, the Russian Lottery, and...
Mobile acquiring startup 2can raises $5 million in Series B funding

Mobile acquiring startup 2can raises $5 million in Series B funding

Mar 31, 2014 | Central & Eastern Europe, News, Russia

East-West Digital News March 31, 2014 Smartfin, a provider of mobile payment solutions in Russia under the brand 2can, has just completed a $5 million Series B round of financing with the participation of previous investors InVenture and Almaz Capital, two major...
Russian mobile app developer Iconic Mobile secures $1 million from UK investment firm

Russian mobile app developer Iconic Mobile secures $1 million from UK investment firm

Mar 27, 2014 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News March 27, 2014 Mobile app developer Iconic Mobile (formerly known as Ipadizer) has raised $1 million from 515 Capital, a London-based investment and consultancy firm. This is the first funding round for the startup – at a pre-money valuation of...
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