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Flipkart raises $210 million; will utilise funds for acquisitions

Flipkart raises $210 million; will utilise funds for acquisitions

May 30, 2014 | Central & Eastern Europe, News

Economic Times May 26, 2014 NEW DELHI: Days after closing the biggest acquisition deal in the Indian e-commerce space, online marketplace giant Flipkart today said it has raised $210 million in a fresh round of funding, bringing the private equity firm DST Global on...
Russian funded French startup Capptain acquired by Microsoft

Russian funded French startup Capptain acquired by Microsoft

May 29, 2014 | Central & Eastern Europe, France, News

East-West Digital News Yesterday, French mobile analytics startup Capptain, which so far had been funded by Moscow-based venture fund Runa Capital, announced it was being acquired by Microsoft. The amount of transaction has not been disclosed, but Runa’s PR...
E-Book Platform Bookmate Secures $3M To Target Emerging World

E-Book Platform Bookmate Secures $3M To Target Emerging World

May 24, 2014 | Central & Eastern Europe

TechCrunch May 24, 2014 Betaworks-style ‘startup studio’ Dream Industries – based in Moscow – has raised a $3 million Series A round from retail giant Ulmart (in Russia) to develop its subscription-based social reading service Bookmate. They plan to take the startup...
Axioma Capital Partners invests $4 million in medical startup Medal

Axioma Capital Partners invests $4 million in medical startup Medal

May 23, 2014 | Central & Eastern Europe

The medical startup Medal has received $4 million from Axioma Capital Partners according to the press service of the Ingria business incubator. Medal is a resident of a incubator. Medal is developing medical devices based on patented technology for the treatment of...
Ozon acquires stake in LitRes, the leading Russian e-book store

Ozon acquires stake in LitRes, the leading Russian e-book store

May 16, 2014 | Central & Eastern Europe, News

East-West Digital News May 16, 2014 Yesterday Ozon Holdings, one of Russia’s most established e-commerce players, announced that it acquired a stake in LitRes, the leader in Russia’s fast growing – though still embryonic – domestic e-book market. Neither the size of...
Flipps, Metrekare, Tjobs Are The First To Get Backing From Earlybird’s New CEE Fund

Flipps, Metrekare, Tjobs Are The First To Get Backing From Earlybird’s New CEE Fund

May 13, 2014 | Central & Eastern Europe, News

TechCrunch May 13, 2014 Earlybird, the Berlin-based VC, turned a spotlight on Central and Eastern Europe earlier this year when it announced the launch of a new $130 million fund dedicated to tech startups specifically from the region — an area full of talent but...
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