Online Medical Startup Attracts $2M in Investment

Moscow Times 31 October 2012 A Russian venture-capital fund and an American investor have agreed to invest $2 million in VitaPortal, an online medical startup aiming to improve Russians’ access to information on doctors, medicine and healthy living. The...

Alternative accomodation websites attract VC money

East-West Digital News Renthome.ru, a HomeAway.com clone offering short-term vacation rentals across Russia and the CIS, closed earlier this month an angel investment round of approximately $1 million. Participants in this round of investment include Russian and...

VTB Invests in Online Start-Up FLV

Moscow Times 25 April 2012 Fast Lane Ventures, a backer of Russian online start-up firms, has raised $18 million from investors led by VTB Capital, signaling rising investor appetite for Russia’s Internet market. The cash will be used to develop FLV’s...