Jun 10, 2012 | News
Venture Beat 29 May 2012 Facebook’s rumored interest in purchasing facial recognition startup Face.com may become a reality thanks to some help from an unlikely source. Russian-based search engine Yandex is said to be mulling the sale of its share in Face.com to the...
Jun 8, 2012 | News
East-West Digital News 5 June 2012 A major player on the Russian e-commerce scene suddenly emerged in late May: a cash-back e-commerce platform called Clickandpay.ru that raised $60 million, according to its founders, to finance just the first stages of its...
Jun 6, 2012 | News
East-West Digital News 6 June 2012 Yesterday, Paris-based Olma Invest SAS announced it has invested €1 million in Dimeres, a group of e-commerce and e-marketing companies operating in the field of fashion, in exchange for a 25% stake. Founded in 2011 by French...
Jun 6, 2012 | News
East-West Digital News 5 June 2012 Runa Capital announced today that it has increased its holdings from $75 million to $135 million through a private offering with its existing partners. This additional capital will enable the fund to increase its maximum investment...
Jun 6, 2012 | News
East-West Digital News 4 June 2012 A consortium of investors led by Da Vinci Capital Partners, Insight Capital, Alpha Associates and Runa Capital has invested $45 million for a minority stake in B2B-Center.ru, the leading online procurement platform in Russia. This...
Jun 5, 2012 | News
The Financial Express 28 May 2012 New Delhi: Jindal Steel and Power will acquire a little over 10 per cent stake in Gujarat NRE Coal’s Australian subsidiary, Gujarat NRE Coking Coal Ltd, for AUD 25 million (about Rs 135 crore). Besides, JSPL will also buy 5...