Jul 7, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News MTT, a Russian telecom group owned by VTB and former telecommunication minister Leonid Reiman, has announced that it has invested 50 million rubles (about $1.5 million) in Frolik, a service for children and their parents, since project start in...
Jul 7, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News The Ministry of Communications and Mass Media is planning to finance the creation of up to 50 R&D centers in the IT segment in Russia in the next five years, Digit.ru reported in late June. During the International Economic Forum in Saint...
Jul 5, 2013 | Central & Eastern Europe, News, Russia, Western Europe
East-West Digital News Phenomen Ventures, a $300 million international venture fund launched last year by Russian businessman Dmitry Falkovich, has led a $30 million Series D financing round for Delivery Hero, a Berlin-based food delivery startup operating globally....
Jul 5, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News BubbleGab, a Russian startup developing a SaaS platform for building websites, has attracted $1 million in funding from RVC’s Seed Fund and Softline Venture Partners, the venture arm of the Softline Group. Founded in 2011, BubbleGab is working...
Jun 30, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News 28 June Moscow-based startup Travelata.ru has just raised $5 million in a Series A round from Polish private equity fund MCI Management. The capital injection went through Invia.cz, one of MCI’s portfolio companies, which sells package tours...
Jun 28, 2013 | Central & Eastern Europe, News, Russia
Moscow Times Rostelecom’s plan to merger with the state telecom group Svyazinvest and 20 other subsidiaries received a stamp of approval at the extraordinary shareholders meeting, with 97.7 percent of voters supporting the decision. The fact that only 61.6...
