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Zoom Capital invests $30 million in e-commerce leader Vseinstrumenti.ru

The recent series of large scale investment in Russian e-commerce sites continues with Zoom Capital’s $30 million investment in Vseinstrumenti.ru, a website offering tools and appliances for use in homes and gardens as well as workshops and construction sites. Vseinstrumenti.ru (“All instruments” or “all tools” in Russian) is one of those Russian online retailers that are …

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Anti-counterfeit technology developer from the Urals receives $1 million from Moscow investor

QRGL, a startup established in Russia’s third largest city Ekaterinburg in the Ural mountains, secured $1 million from Veles Capital, a Moscow asset management company, regional portal 66.ru reported last week. Veles Capital will receive a two-third stake in the company. Founded in April 2010 by Pavel Medvedev, QRGL has developed an anti-counterfeit technology that …

Anti-counterfeit technology developer from the Urals receives $1 million from Moscow investor Read More

Lokata.ru secures new funding from E.Ventures and Bonial

Last week, Lokata.ru, a startup driving Internet and mobile users to offline stores, completed a new round of financing from German-American venture fund E.Ventures (formerly known as E-Ventures Capital Partners) and Bonial International Group, a German company which has developed similar projects in several European countries. The terms of the deal have not been disclosed. …

Lokata.ru secures new funding from E.Ventures and Bonial Read More

Californian online air ticket discounter secures financing from Russian, Ukrainian and US investors

GetGoing.com, a San Francisco-based startup that offers a new approach to booking discounted air tickets, announced earlier this week that it has completed its second round of financing from prominent individual investors and funds. Neither the amount of the round nor the company’s valuation were disclosed. The investors include Yury Milner and his international fund …

Californian online air ticket discounter secures financing from Russian, Ukrainian and US investors Read More

Yandex to launch its own browser as ‘browser war’ rages in Russia

Yandex, the NASDAQ-listed Russian Internet search giant, intends to lauch its own browser later this year or in early 2013, the Russian business daily Vedomosti learned yesterday from industry sources. In addition to the standard web version, the Yandex browser would be made available for mobile devices under iOS and Android operating systems. The browser …

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Megafon acquires mobile content and service publisher VAS Media

Megafon, a leading Russian mobile operator, has acquired Felebior Holdings Ltd, the company which owns VAS Media, a Moscow-based mobile content publisher and provider of payment and geolocation solutions. The terms of the deal have not been disclosed. The asset will be integrated with Megalabs, an existing subsidiary of Megafon that develops, in particular, mobile …

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Online video service Ivi.ru secures $40 million from leading Russian and Western investors

Yesterday, just days after witnessing the financing rounds of online shoe retailer Lamoda.ru and travel site Onetwotrip.com, the Russian Internet scene saw another giant funding operation with Ivi.ru, a major video streaming service. Ivi.ru raised no less than $40 million from private equity firm Baring Vostok Capital Partners, a shareholder of Yandex and Ozon.ru, along with existing investors …

Online video service Ivi.ru secures $40 million from leading Russian and Western investors Read More

iCarnegie to open IT training center in Tatarstan

iCarnegie, the technology arm of Carnegie Mellon University, announced plans to open an IT training center in what is now developing as Innopolis, an ‘innovation city’ outside of Kazan, the capital of Tatarstan, an autonomous republic of the Russian Federation. The international educational and training facility will reportedly have the capacity to train as many …

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Russia’s AlterGeo among White Bull finalists

Last week, AlterGeo came as the only startup from Russia and neighboring countries to be selected among the 30 finalists of the White Bull European innovation championship. “The applicants were incredibly strong this year. We’ve carefully selected this year’s finalists based on business proposition, market strategy, technological solutions and understanding of customer needs,” said White Bull …

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GVA and Summa to launch Plug and Play accelerators across Russia and CIS

Global Venture Alliance (GVA) and the Summa Group yesterday announced an agreement with leading California accelerator Plug and Play Tech Center to create Plug and Play affiliates across Russia and other former Soviet republics. Following the opening of the first Russian Plug and Play in Moscow last June, new accelerators will be created in Daghestan, …

GVA and Summa to launch Plug and Play accelerators across Russia and CIS Read More

Air ticket booking site Onetwotrip secures $9 million from Phenomen Ventures

Onetwotrip.com, a rising star in the Russian online travel market, has just raised approximately $9 million from Phenomen Ventures, yielding a minority stake to the fund. The startup’s valuation has not been disclosed, but the Russian business daily Kommersant reported it might have been in the range of $70 million. Onetwotrip was launched in May …

Air ticket booking site Onetwotrip secures $9 million from Phenomen Ventures Read More

Russian print-on-demand startup teams up with Germany’s DigiFoto for European expansion

Moe Izdanie, a Russian print-on-demand startup that launched less than one year ago under the Albooka brand, has announced plans to expand to EU countries through a partnership with DigiFoto, a leading German photo service company. Albooka mixes social networking, online editing, and print-on-demand services. Users can layout and edit virtual books and photo albums …

Russian print-on-demand startup teams up with Germany’s DigiFoto for European expansion Read More

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