Finance

Russian crowdfunding longs for legislation and trust

October 3, 2016

Around 58 percent of Americans with annual incomes of $25,000 or more are prepared to invest in early-stage startups, according to a U.S. crowdfunding industry study by EarlyIQ, Crowdfund Professional Association, and Crowdfund Capital Advisors. They are prepared to support two or three startups annually, by investing around $2,000 in each. Americans making in excess of $75,000 a …

Russian crowdfunding longs for legislation and trust Read More

Almaz, Runa and TA Venture team up to establish Ukraine’s first IT-focused grant fund

April 17, 2013

Three major venture capital funds, Moscow-based Runa Capital and Almaz Capital as well as Kiev-based TA Venture, in conjunction with BIONIC Hill innovation park, Ukraine’s first innovation park, are joining forces to establish the Global Technology Foundation (GTF). Ukraine’s first grant fund specifically devoted to IT, the foundation will provide pre-seed stage grants and support for promising …

Almaz, Runa and TA Venture team up to establish Ukraine’s first IT-focused grant fund Read More

Online retailer Holodilnik.ru trades equity for ads

April 17, 2013

Holodilnik.ru, Russia’s leading online retailer of household appliances, has offered a minority stake to Media Capital in exchange for a large-scale advertising campaign. This is the first known media-for-equity deal on the Russian Internet market. The transaction’s terms have not been disclosed, but a source close to the deal told leading Russian business daily Kommersant …

Online retailer Holodilnik.ru trades equity for ads Read More

Rumors dispelled: Richard Branson’s mobile business still alive in Russia – and “expanding aggressively”

April 15, 2013

In an exchange with East-West Digital News, a top official of Virgin Connect has denied the rumors circulating in the Russian press that Virgin is shutting down its mobile projects in Russia. Virgin’s founder and chairman Richard Branson was reported to be “definitely upset with Russia” and his local company had supposedly dropped plans to …

Rumors dispelled: Richard Branson’s mobile business still alive in Russia – and “expanding aggressively” Read More

VTB Capital acquires minority stake in satellite TV operator Tricolor TV; IPO idea floated

November 19, 2014

VTB Capital, the investment arm of Russia’s VTB Group, has acquired a minority holding in National Satellite Company, Russia’s largest satellite TV operator working under the Tricolor TV brand name. While announcing the partnership this past Tuesday, the partners in the deal provided no financials, but said that with its growing Russian subscriber base of …

VTB Capital acquires minority stake in satellite TV operator Tricolor TV; IPO idea floated Read More

Advertising tech startup Garpun raises $3.5 million from iTech Capital

April 10, 2013

Garpun, a Moscow-based startup that provides digital agencies and corporate advertisers with online ad management tools, has raised $3.5 million from the Russian PE & VC fund iTech Capital. The valuation of the startup has not been disclosed, but iTech Capital’s PR Director Victoria Gracheva told East-West Digital News that her fund usually maintains minority …

Advertising tech startup Garpun raises $3.5 million from iTech Capital Read More

E-learning startup launches internationally with $1 million in funding

April 10, 2013

People seeking to increase their business skills and knowledge now have a new way of accessing quality instruction without attending MBA classes at Stanford or INSEAD. Eduson.tv, a new e-learning service launched earlier this week by a team from Russia, provides courses from leading professors and expert guest lecturers – from London Business School Adjunct Professor …

E-learning startup launches internationally with $1 million in funding Read More

Ekaterinburg-based e-retailer e96.ru emerges as major Russian online retailer

April 9, 2013

E96.ru, an online retailer of consumer electronics and home appliances based in Ekaterinburg, claims that it generated no less that 1 billion rubles (approximately $33 million) in sales during the first quarter of 2013, up 206% from the same quarter of 2012. The future will determine how long the company will maintain this pace, but …

Ekaterinburg-based e-retailer e96.ru emerges as major Russian online retailer Read More

TMT Investments injects $350,000 into US e-publishing startup

April 8, 2013

TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, has invested $350,000 in Graphicly, a US startup that helps publishers and self-published authors produce and distribute text and visual content on major digital publishing platforms. Graphicly’s self-service online toolset has been designed to reduce publishers’ go-to-market and ongoing costs. Once uploaded, Graphicly distributes the …

TMT Investments injects $350,000 into US e-publishing startup Read More

Sendmebox.ru raises $300,000 to build cross-border marketplace

April 4, 2013

A group of e-commerce entrepreneurs from Rostov-on-Don in southern Russia has secured $300,000 in equity investment – including $200,000 from the Moscow Seed Fund and $100,000 from angel investor Andrei Golovin – to launch Sendmebox, a platform to help Russian online customers shopping on foreign sites. A few months before site launch, the deal valued …

Sendmebox.ru raises $300,000 to build cross-border marketplace Read More

Leading French interactive agency aims to help brands develop from Paris to Moscow to Shanghai

April 2, 2013

Altima, an e-commerce-focused interactive agency established in France in 1998, is strengthening its presence in China and making its first steps on the Russian market through the acquisition of THEM, an independent agency operating in Beijing, Shanghai, and Moscow. In addition to serving local clients, Altima will help companies launch their digital and e-commerce activity across …

Leading French interactive agency aims to help brands develop from Paris to Moscow to Shanghai Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.