New $30 million fund expects 45% return rate; makes first investment in task outsourcing service Youdo.com

Former executives of Finam Global, the venture arm of leading Russian financial group Finam, have launched a $30 million high-tech fund to invest in “fast-growing markets of considerable size.” Christened ‘Flint Capital,’ the fund comes as the fifth sizeable one launched in Russia since the beginning of the year – after FRII, a $200 million …

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