Startups

Softline invests in social commerce

Softline Venture Partners, a fund owned by Softline, a leader on the Russian software licensing market, has invested an additional $500,000 in Emegamall to take a controlling stake in the company. The transaction was based on a valuation of $2 million, reports Oborot.ru, a specialized online resource.

Russian oligarch invests in Russian crowdsourcing platform

Witology, a company specializing in the development and practical application of crowdsourcing technologies (methods of collective problem solving), reached an agreement with ONEXIM Group and Sputnik Group for investment in further crowdsourcing research. ONEXIM Group is owned by Mikhail Prokhorov, a prominent Russian billionaire and owner of the New Jersey Nets, an American basketball team.

Runa Capital Fund to invest another $20 million in Russian start-ups

The Runa Capital seed fund, established by Parallels founder Sergey Belousov, has been increased by $20 million — from $30 to over $50 million — and plans to finance 8 or 9 start-ups this year. The anchor investors of Runa Capital are Sergey Belousov, BoD chairman of Parallels and Acronis, and Alexander Galitsky, head of …

Runa Capital Fund to invest another $20 million in Russian start-ups Read More

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