The ICT Group – one of Russia’s largest privately owned investment and industrial companies – announced last Monday its new status as the largest shareholder in Italian Wi-Max operator ARIA S.p.A., with a 28.6% stake.
TMT Investment announced last week it will invest $1 million in a 20% stake in Berryman Capital Group (BCG), a developer of online games for social networks. TMT Investment is an international investment company based in Jersey and run by Russian businessmen focused on technology and media investment. The deal, which includes other conditions for BCG …
Leading financial company Finam has invested $1 million in CreditCardsOnline.ru, a portal that aggregates credit card offerings from various banks and offers an online card application procedure. The news was reported yesterday by Russian business daily Kommersant, to whom an unnamed source revealed Finam had received a 25% stake in the company in exchange for …
Credit card aggregator secures $1 million in funding from leading financial company Read More
Drchrono, a Silicon Valley based startup offering an electronic health record (EHR) platform for the iPad, announced last week it has received an additional $650,000 in seed funding from prominent startup investor Yuri Milner, founder of DST Global, along with venture capital firm General Catalyst.
The Russian Venture Company (RVC) announced today an investment by S-Group Ventures, a fund it owns jointly with Sever Venture Management, in Bisant, a Moscow-based antenna manufacturer. Bisant describes its micro antenna devices as “a powerful means for the reception and transfer of radio waves in various wireless communication systems,” including mobile phones, tablets, netbooks …
Micro-sized antenna maker funded by Russian Venture Company Read More
Moscow based startup incubator Fast Lane Ventures has just launched VitaPortal.ru, a website offering health news for the general public, inspired by the success of Western sites such as WebMD.com.
JP Morgan and Russian business daily Vedomosti revealed the detailed shareloder structure of Vkontakte.ru this week. According to JP Morgan, 12% is owned by Vkontakte founder’s Pavel Durov, 8% by his partner Lev Leviev, and 40% by Vyacheslav Mirilashvili and members of his family. Mail.ru Group owns a 39,99% stake, having acquired 7.44% from Pavel …
IBS Group, a major Russian IT consulting and outsourcing company, is ready to sell a stake of at least 20% in Softkey.ru, an online software retailer. The group acquired a 70% stake in Softkey in 2006. Not only does Softkey count among Russia’s top online software retailers, its technologies and servers are also used by …
Minority stake for sale in leading online software retailer Read More
ZocDoc, a New York based startup that allows patients to locate and book doctor appointments online, announced yesterday it secured a $50 million investment from prominent Russian fund DST Global in its third round of financing. Founded in 2007, the site claims to offer 5 million appointments across nine major metropolitan areas and dozens of medical …
After weeks of rumors, DST’s investment in Twitter was confirmed officially for the first time yesterday on Twitter’s blog. “Now we have an opportunity to expand [our] reach with a significant round of funding led by the venture firm DST Global, along with the participation of several of our existing investors,” Twitter writes. “We will …
The CapMan Russia fund, in collaboration with Belgian investment company Gimv NV, announced last week it has provided an undisclosed amount of growth capital to Expert Photo, a leading provider of online and offline photo related services in Russia.
Prominent Russian-American businessman Leonard Blavatnik has invested $9.5 million in Get Taxi, an Israeli-based mobile taxi-booking company, together with Get Taxi’s founders, which include Shahar Smirin, a former executive at Comverse in Russia.
