Apr 17, 2012 | News
Charles Borden for FinancePlus Russia News RUSNANO and Sequoia Capital are lead investors for the next round of financing for Quantenna, which specializes in solutions for transmission of multimedia data over Wi-Fi. This sixth round of financing will be USD 79 million...
Apr 17, 2012 | News
Moscow Times 17 Apr 2012 Alfa Group became a minority owner of the Opin development company controlled by Mikhail Prokhorov’s Onexim Group when Alfa Capital Holdings acquired the 10.74 percent stake of NKB Investments, an affiliate of UralSib, Vedomosti...
Apr 17, 2012 | News
East-West Digital News 17 April 2012 Mallstreet.ru, a Russian online retailer founded in 2009, has secured an undisclosed investment from West European early-stage venture funds, industry blogger Yakov Sadchikov reported last week. Among the investors are Kima...
Apr 13, 2012 | News
FinancePlus by Charles Borden 12 April 2012 RIA Novosti reports that Russia’s Federal Anti-monopoly Service (FAS) has approved a petition by Russian oil company Rosneft to buy 51% of Itera. In February, Rosneft and Itera inked a strategic cooperation agreement...
Apr 13, 2012 | News
East-West Digital News 11 April 2012 The 2011 valuation of Avito.ru, Russia’s leading classifieds site by brand awareness and number of users, amounted to $158.73 million, according the annual report issued by minority shareholder Vostok Nafta earlier this month....
Apr 13, 2012 | News
East-West Digital News 11 April 2012 Just two months after it began serving Kazakhstan, Biglion, the leading Russian daily deal site, has acquired Bongo.by, a Belorussian analog. The transaction was announced yesterday by Biglion’s Development Director Oleg Savtsov in...
