Jun 21, 2012 | News
East-West Digital News 19 June 2012 KupiVip’s CEO Oskar Hartmann confirms plans to hold an IPO in New York “within two years,” Reuters reported yesterday. ”We have already made quite good progress and [an IPO] is likely. We need to grow to reach the size [of business]...
Jun 21, 2012 | News
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...
Jun 18, 2012 | News
East-West Digital News 18 June 2012 Dmitry Grishin, the CEO of Mail.ru Group, the LSE-listed Russian Internet group, announced on Friday the launch of a New York City-based investment fund dedicated to robotics startups. The fund, named Grishin Robotics, intends to...
Jun 18, 2012 | News
East-West Digital News 15 June 2012 Leta GIV, the corporate venture arm of Leta Group, announced an investment earlier this week in Baltostorage, an online service that allows users to store their pictures in a secured way. The fund invested $350,000 for an...
Jun 15, 2012 | News
East-West Digital News 15 July 2012 LinguaLeo, a Russian startup with a web service that teaches English using popular TV serials, books and contextual dialogues, has just secured $3 million from Runa Capital, a major Moscow-based venture fund. The site now serves 1.5...
Jun 15, 2012 | News
East-West Digital News 14 July 2012 Morgan Stanley has been mandated by Superjob.ru, a leading online recruitment platform with 3.2 million unique users monthly, to find a potential acquirer of a minority stake, Russian business daily Kommersant reported yesterday....