Jan 22, 2015 | Central & Eastern Europe, News, Russia, Southeast Asia
East-West Digital News Just one year after Russia saw the launch of its first hardware accelerator, DI Group, a Tomsk, Siberia-based high tech group, has launched a “venture fund-accelerator” targeting startups in the fields of smartphones, electronics, gadgets and...
Jan 20, 2015 | Central & Eastern Europe, News, Russia
Ulmart, Russia’s leading e-commerce company, confirmed today its plan to go public next year in a yet-to-be-determined Western stock exchange, the company’s chairman and co-owner Dmitry Kostygin told Russian business daily RBC. Ulmart is thus considering raising $1...
Jan 19, 2015 | Central & Eastern Europe, MENA, News, North America, Russia
Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, has invested in startups Moovit and Boxed. Moovit is an Israeli app which helps users to plan journeys on public transport, and Boxed is a US app for wholesale buyers....
Jan 16, 2015 | Central & Eastern Europe, News, Russia
Rostelecom, Russia’s national telecom operator, announced yesterday the acquisition of a majority stake in SafeData (LLC Data Storage Centre), a leading operator of commercial data centers, traffic exchange services and content delivery. In a first stage,...
Dec 30, 2014 | Central & Eastern Europe, News, Russia
Last week Croice, whose mobile app allows you to create photo stories with a background audio, announced its first round of financing with $500,000 brought in by venture fund Imperious Group. Launched earlier this year by Russian entrepreneur Vadim Zhernov, the St....
Dec 26, 2014 | Central & Eastern Europe, News, Russia
As a busy year draws to a close, RusBase has asked 10 Russian venture capitalists what they think were the most important events of 2014. Andrey Romanenko, Run Capital: “Considering that Run Capital was only founded in April, we think this year was a successful one....