Tasting the Eastern promise: Top 10 VC companies investing in Russia

Venture Village 8 August 2012 The growth of the internet in Russia to its current 60 million users, the strong technical background of Russian software engineers and the sound entrepreneurial skills of local managers have attracted major money to the market. According...

Russia’s ru-Net Invests in Turkish E-commerce Startup Lidyana

Bloomberg 28 June 2012 Russia’s ru-Net has invested 6 million liras ($3.3 million) in Lidyana.com, a Turkish firm that sells jewelry and accessories over the internet, according to an e-mailed statement from Lidyana today. The investment will be used to help the...

Ru-Net Ru-Net invests $17 million in Indian e-commerce

East-West Digital News 18 June 2012 In yet another step in its international expansion, Ru-Net, a major Russian venture fund, has invested $17 million in Freecultr.com and BeStylish.com, two Indian e-commerce companies. The news on the investment in Freecultr – a...