Russia’s Prokhorov sells Polyus Gold stake for $3.6bln

Feb 25, 2013 | Central & Eastern Europe, News

MOSCOW/LONDON, Feb 22 (Reuters) – Russian billionaire Mikhail Prokhorov has sold his stake in London-listed gold miner Polyus Gold to two Russian buyers for $3.6 billion after approval from British regulators. The sale marks the end of an era for Prokhorov, an...

Venture Partners Botswana Invests Ongwediva Medipark Limited

Feb 20, 2013 | News

African Venture Capital Association (AVCA) 11 February 2013 VPB Namibia (Pty) Limited (“VPB”), the Fund Manager to the VPB Namibia Growth Fund, recently concluded an equity investment into Ongwediva Medipark (Pty) Limited (“OMP”), a private healthcare provider. OMP is...

Former Firstsource CEO Ananda Mukerji’s startup raises Series A funding

Feb 16, 2013 | News

VC Circle 14 February 2013 Mumbai-based Application Delivery as a Service company (ADaaS) Anunta Technology Management Services has raised an undisclosed amount in Series A funding from Bessemer Venture Partners (BVP). Founded by Ananda Mukerji, founding CEO of...

Tinkoff Digital signs agreement with Yandex for Data Mind

Feb 16, 2013 | News

Moscow – Tinkoff Digital, а Russian developer of innovative internet and mobile advertising technologies, has signed an agreement with Yandex, Russia’s leading internet company, to buy online advertising inventory for its Data Mind real-time bidding (RTB)...

Selerity raises $3m in equity financing

Feb 14, 2013 | News

Finextra 14 February 2013 Selerity, a provider of real-time event data solutions for the financial services industry, today announced that it successfully raised $3 million of equity financing to accelerate the development of Selerity Alerts, its new real-time...

Georgia aims for $2 bln in foreign investments with new fund

Feb 14, 2013 | News

Reuters 11 February 2013 Georgia aims to double foreign direct investments to $2 billion this year, helped by a new sovereign wealth fund it is hiring international banks to promote, the fund’s chief executive said on Monday. The vehicle will succeed the...