May 8, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Digital Sky Technologies (DST Global), the global investment fund led by Yuri Milner, appears to be a major investor in German startup incubator Rocket Internet. According to the incubator’s slide deck, found by The Manager magazine, DST has already pumped $315...
May 7, 2013 | Central & Eastern Europe, News, Russia, South & Central Asia
Moscow Times Russian oil major Rosneft and gas producer Itera are in talks with Armenian authorities to acquire Armenia’s largest petrochemical plant, Nairit, which specializes in the production of chloroprene rubber, Vedomosti reported Tuesday. The report cited...
May 2, 2013 | India, News, South & Central Asia
VC Circle 1 May 2013 Voylla.com, a jewelry and accessory e-tailer owned by Bangalore-based Voylla Retail Pvt Ltd, has raised Rs 2.5 crore in funding from Pune-based Snow Leopard Technology Ventures, a venture fund that provides seed capital to internet and technology...
Apr 30, 2013 | Central & Eastern Europe, News, Russia
Moscow-based startup Workle, whose platform enables residents of Russia’s regions to work on a remote basis for leading companies, announced last week it has raised $3.5 million in its second round of funding. The investment came from Klever Internet Investment, the...
Apr 29, 2013 | Africa, News
Huff Post Business 29 April By Richard Attias I recently wrote about foreign direct investment in Africa and the prospect of engagement among developing nations and the BRICS.But in order for sustainable development to be achieved across the continent, smart input...