Venture / Private equity

Rambler invests in e-commerce, demonstrates fast traffic growth

January 24, 2012

The Rambler-Afisha group invested “hundreds of thousand dollars” in Ichiba.ru, Rambler founder Anton Terekhov told the RIA Novosti news agency last week. Launched in April of last year, Ichiba.ru is an e-commerce marketplace allowing any merchant to present and sell its products online easily. Ichiba claims its catalog includes 3.5 million items from over 400 …

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Fast Lane invests in RentHome.ru

January 17, 2012

Fast Lane Ventures, a Moscow based early stage venture capital firm, recently announced it has invested in RentHome.ru, a service that operates and looks nearly identical to HomeAway.com, down to the same colors, layout, and background. Through RentHome.ru, property owners can list their properties for short term rentals, allowing people to make a little more …

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“Our team fucked up in Russia, I lost tons of money,” says Lamoda.ru’s German owner Oliver Samwer

December 23, 2011

In a confidential email sent in October to his management team revealed yesterday by TechCrunch, Oliver Samwer, the co-founder of German incubator Rocket Internet, had crude words for the management of Lamoda.ru, the online shoe retailer he launched in Russia earlier this year. “Our team fucked up in Russia,” wrote Samwer, complaining that Lamoda.ru failed …

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Daily deal site Biglion attracts new investment from Tiger Global Management

December 22, 2011

Biglion, a major player among Russian daily deal sites, has attracted significant funds from Tiger Global Management, a prominent investment firm operating in the public and private equity markets across the globe, Russian business daily Vedomosti revealed yesterday. Biglion co-founder Oleg Savtsov has confirmed the deal but did not disclose any details on the amount …

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Siberian game publisher Questli attracts Swiss and German money

December 17, 2011

Questli, a startup from Novosibirsk, Siberia, has raised an undisclosed amount from Zurich-based venture capital firm Redalpine and individual investors from Switzerland and Germany, industry blogger Yakov Sadchikov reported yesterday. Questli’s award-winning treasure hunting games combine crowd-sourced quests, location-based services and couponing. Founded by Danila Kozyatnikov in April 2011, the startup initially received CHF 200,000, …

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Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence

May 22, 2020

Mountain View, CA – Ecwid Inc., producer of the world’s first platform-neutral, drop-in store builder widget – which can be easily embedded into any website, blog or social network page in minutes – has announced its Series A round of venture funding and the planned opening of its first United States and United Kingdom offices. Ecwid is based …

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DST and General Atlantic lead $155 million funding round for Swedish payment solution provider Klarna

December 12, 2011

DST, Russia’s leading IT fund with stakes in Facebook, Groupon, Twitter and other top global web properties, has participated in a round of financing for Klarna, a Stockholm based alternative payment solution provider. Also participating in the round were General Atlantic, a leading global private equity firm, and Sequoia Capital, which contributed to Klarna’s financing …

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DST’s Yuri Milner and Vkontakte’s Pavel Durov team up to support Russian startups

December 12, 2011

Yuri Milner, founder of Russia’s leading Internet investment fund DST Global, and Pavel Durov, founder of Vkontakte.ru, the country’s most popular social network, launched Start Fellows last week, a joint grant project offering funds for newly minted Russian startups. Applications can be made online for qualifying startup projects to receive grants as large as $25,000. The …

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Media3 asserts itself as major online media publisher

December 7, 2011

Media3, a major media publishing, commercial printing and distribution group, announced on Monday its acquisition of Delovoy Mir, Russia’s fifth largest publisher of online classifieds. The amount of the transaction was not disclosed, but Delovoy Mir Online Brand Manager Marina Zeitina told East-West Digital News that Media3 obtained a 90% stake, leaving the remaining 10% …

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François Esculier: “The global battle for digital leadership is raging in Russia.”

April 22, 2019

Former Mail.ru Group Executive Vice President Global Operations François Esculier has gained a seat on the Board of Directors of luxury private shopping club CollectionPrivee.ru. He recently shared with East-West Digital News his vision of the global integration of the Russian Internet, speaking his mind on the management issues domestic players faced as well as about …

François Esculier: “The global battle for digital leadership is raging in Russia.” Read More

RTP Ventures announces four new investments in US startups

December 2, 2011

RTP Ventures, the recently created US arm of the Russian venture fund Ru-Net, announced yesterday it made no less than four investments in the last two months, including two infusions of seed funding and two Series A investments. RTP Ventures invested in Tinfoil Security, a website security solution provider, Cake Health, which offers solutions to …

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