Search Results for: "vostok new ventures"

Russian OTA Onetwotrip secures $3 million from Bank Saint Petersburg

April 3, 2017

Moscow-based online travel agency Onetwotrip.com has raised $3 million from Bank Saint Peterburg, the Russian business daily Vedomosti learned last week from company CEO Mikhail Sokolov. The company had previoulsy raised significant amounts from Swedish fund Vostok New Ventures — $4 million in 2015, $2.5 million in H1 2016, and $5.8 million agreed in December 2106. A major Russian bank, Bank …

Russian OTA Onetwotrip secures $3 million from Bank Saint Petersburg Read More

Russian online classifieds giant Avito delivers 75% revenue growth in 2016

February 20, 2017

Avito.ru, Russia’s leading classifieds platform, saw its revenues reach $54.4 million in Q4 2016, up 54% from Q4 2015, says the recent activity report by Swedish investment company Vostok New Ventures, formerly known as Vostok Nafta Investment. According to the report, in Q4 2016 the company’s adjusted EBITDA margin reached 47% ($25.3 million), compared to 42% …

Russian online classifieds giant Avito delivers 75% revenue growth in 2016 Read More

Swedish and Russian funds invest in two Russian fintech startups

February 16, 2017

Russia’s Baring Vostok and Sweden’s Vostok Emerging Finance (VEF) have invested up to $20 million in two Russian startups: Sorsdata, which is developing a consumer marketing and analytics solution, and Revo Technologies, which offers a crowdsourced microcredit service for online consumers. The deal, which took place last month, was confirmed to East-West Digital News by Björn von Sivers of VEF. The Swedish …

Swedish and Russian funds invest in two Russian fintech startups Read More

Swedish fund Vostok New Ventures injects $2.5 million in Moscow-based OTA Onetwotrip

November 12, 2020

Earlier this month Vostok New Ventures, an invesment company listed on Nasdaq Stockholm (formerly known as Vostok Nafta Investment), has injected an additional $2.5 million in Moscow-based online travel agency Onetwotrip.com. This transaction was announced in the company’s H1 2016 activity report, which was published last week. The Swedish fund had already invested $4 million in …

Swedish fund Vostok New Ventures injects $2.5 million in Moscow-based OTA Onetwotrip Read More

OneTwoTrip raises $4 million in funding from Vostok New Venture

November 12, 2020

OneTwoTrip, the Russian travel booking website operating in Russia, Europe and CIS, has secured $4 million in fresh funding from Vostok New Ventures. The deal was disclosed in the nine-months report of the Swedish fund. Launched in 2011, the startup offers online booking of flight tickets and hotels. The startup raised $25 million in two rounds from Phenomenon Ventures and Skype …

OneTwoTrip raises $4 million in funding from Vostok New Venture Read More

Avito acquires delivery service aggregator CheckOut and prepares for IPO

February 12, 2016

Avito, Russia’s leading online classifieds site, is preparing for an IPO, co-founder and CEO Jonas Nordlander stated last week. Avito is “in the preparation for the simple reason that we want to have options if it at some point makes sense for the business and shareholders to go public,” Bloomberg quoted him as saying. Avito …

Avito acquires delivery service aggregator CheckOut and prepares for IPO Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.