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
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
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
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
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, 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
Heureka Conference, in partnership with East-West Digital News, invites Russian startup entrepreneurs and investors to Berlin on May 14 to be part of the most hands-on and educative networking conference for the digital economy in Germany, Europe and the global markets during the Berlin Web Week. For one day Heureka proudly lives up to its …
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
Kima Ventures, the fund started by prominent French tech entrepreneurs Jérémie Berrebi and Xavier Niel, along with angel investors Fabrice Grinda, Jose Marin, and Alexander Aivazov, have teamed up to invest in Martmania, an online marketplace focused on trading “interesting and unusual things.” The details of the deal have not been disclosed, but a source …
RVC USA, the Boston-based representative office of the Russian state-owned fund of funds RVC, is considering raising a new venture fund to back US startups with connections to Russia and help Russian startups enter the US market. While the Russian government might bring in $20 million of that amount – which remains to be confirmed – …
RVC USA teams up with US VCs to support Russian and US startups Read More
In its pursuit of leadership in the Russian online travel market, online hotel booking service Ostrovok.ru has raised $25 million – its fourth fundraising operation in less than two years. General Catalyst Partners has led the round, with participation from Accel Partners and Russia’s Frontier Ventures as well as from Russian billionaire Yuri Milner, ex-Expedia …
Online hotel booking service Ostrovok.ru raises $25 million amid fierce competition Read More
Blabroom, a resident company of the St. Petersburg-based technopark and incubator Ingria, has completed a seed stage round from Imperious Group, which has injected 6 million rubles (approximately $200,000) into the startup in exchange for a 20% stake. Blabroom’s site has been designed to help shy people establish their first contacts with other members of …
St. Petersburg startup secures $200,000 to turn shy people into online daters Read More
