Feb 18, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Gazprombank, an affiliate of the state-controlled gas giant, now has a controlling stake in WebMediaGroup, after acquiring the stake previously held by Rostelecom’s president Sergey Kalugin. WebMediaGroup’s other shareholders are Leader...
Feb 17, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News Ernst & Young (EY) and RVC, the state-owned fund of funds for developing the Russian venture industry, have just issued a survey on market dynamics titled “Russian and Global Venture Markets, 2007–2013.” According to report, the Russian VC...
Feb 11, 2014 | Central & Eastern Europe, News, Russia
TechCrunch Russian’s largest travel search engine, Aviasales, which lets consumers find cheap flights and holiday accommodation online or via its apps (operating under the JetRadar brand outside Russia), has bagged a $10 million investment from iTech Capital,...
Feb 11, 2014 | Central & Eastern Europe, News, Russia
East-West Digital News iTech Capital, a Russian PE & VC fund, announced today an investment of $10 million in Aviasales.ru, a leading search engine for flights and hotel bookings. The terms of the deal have not been disclosed, but the fund told East-West Digital...
Feb 4, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Yesterday Boombotix, a San Francisco-based startup developing audio hardware and software, announced a $4 million strategic investment from existing and new investors. Among them is Grishin Robotics, a venture fund launched in 2012 by Mail.ru...
Jan 31, 2014 | Central & Eastern Europe, News, Russia
MOSCOW, Jan 31 (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, will announce plans for an initial public share offering on Monday, a source close to the deal said on Friday. Financial market sources also said they...
