With more than 60 million downloads to date across all platforms, Cut The Rope is one the biggest international successes in mobile games. In March of 2011, Cut The Rope was lauded at the 7th British Academy Video Games Awards in the Hand-held game category. In June, it won an Apple Design Award for the …
Since launching operations a year ago, Fast Lane Ventures has affirmed itself as one of the most active investors on the Russian Internet scene. Among its most notable startups have been online shoe retailer Sapato.ru, daily deal site KupiBonus.ru, airfare search service Jizo.ru, real estate database Domgeo.ru and Q&A content provider Relevant Media. Fast Lane co-founder …
Moscow city court confirmed almost two months of extended detention for prominent Russian Internet businessman Pavel Vrublevsky, who is expected to be held until December 23. The court has rejected an appeal filed by Vrublevsky’s attorneys to release the entrepreneur on bail for 30 million rubles, a sum of almost $1 million. Vrublevsky, 32, was …
ChronoPay owner Vrublevsky pleads guilty in cyber attack case, court extends detention Read More
Startup accelerator veteran Jon Bradford is a co-founder of TexDrive, Russia’s first international mentor led startup accelerator program currently launching its operations in Moscow. He shared with East-West Digital News his vision on the issues startups face and how accelerators can help entrepreneurs in Russia and elsewhere.
On a visit from the UK to attend Green IT, Russia’s first ever greentech event which took place yesterday in Moscow, Sparxent CEO Ashley Leonard shared with East-West Digital News his vision of the trends for power management solutions around the world and in Russia.
“Dare to change the world,” Bill Reichert intoned to the crowd of young Russian entrepreneurs who attended the BIT finale. The US venture capitalist came to Moscow a few days before to sign a partnership agreement with Moscow business incubator Digital October. He shared his impressions of the event with East-West Digital News.
Pavel Vrublevsky, the founder and main owner of electronic payment company ChronoPay, was arrested last Thursday, being suspected of having organized a cyber attack on the website of Assist, a competitor ChronoPay, in an attempt to block payment transactions with the Aeroflot website.
Tucked away in Syktyvkar, the capital of the Komi Republic some 1,400 km northeast of Moscow, Russian programming researcher Efim Bushmanov is getting a lot of attention. Having reverse engineered Skype protocols and then made his research available to the public via his blog just a few days ago on June 2, search queries bearing …
Efim Bushmanov: “Good products can’t stay proprietary for long” Read More
Former telecommunications minister and presidential counselor Leonid Reiman has created and personally invested in a fund called Alternative Capital Investment. Partners in the fund are a Cyprus-based subsidiary of VTB, a leading Russian bank controlled by the Russian state, and other unnamed investors.
You once said that you were in love with Russia. Please explain! To be in love means to believe and to be committed. We believe in Russia, in its entrepreneurs who are hungry for success. Some of them are very bold, like Oskar Hartmann (founder of leading online private shopping club KupiVIP.ru), Nikita Sherman (founder …
David Waroquier of Mangrove Capital Partners: Investing in Russia with “love” Read More
TomorrowVentures, a US investment fund founded in 2009 by Google chairman Eric Schmidt, announced earlier this week the formation of a strategic partnership with Digital October, a Moscow-based cooperative work space and events organizer. Court Coursey, Managing Partner at TomorrowVentures, agreed to speak with EWDN on the subject of their new partnership.
OZON.ru is often called the “Russian Amazon.” Is that a good analogy? Yes, we have a very similar business model. Like Amazon, we started out selling a large selection of books, then step-by-step branched out into other products. We now have 1.5 million unique products in 12 categories. We are the leader of e-commerce in …
