Rusnano invests in US portable power technology developer

September 18, 2012

Lilliputian Systems, a developer of portable power products for consumer electronics, announced last week it has closed on $40 million of a planned $60 million equity financing round led by Rusnano. The Russian nanotechnology giant joins Lilliputian’s current blue chip investors including Intel Corporation, Kleiner Perkins Caufield & Byers, Altira Group, Stata Venture Partners, Atlas …

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

September 17, 2012

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

September 17, 2012

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 …

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

September 17, 2012

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. …

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

September 15, 2012

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 …

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Oleg Ryazhenov-Siems of Svyaznoy: “The young generation will make a massive switch to e-commerce. Golden years are ahead.”

September 14, 2012

Oleg Ryazhenov-Siems has led the ambitious online strategy of Svyaznoy, the second largest Russian consumer electronics retailer, since 2009. Recognized as one of the best Russian e-commerce professionals, he has just been appointed as Svyaznoy’s Director of Strategic Marketing and Advertising. While offering insights on how the retailer has successfully developed online activities all across …

Oleg Ryazhenov-Siems of Svyaznoy: “The young generation will make a massive switch to e-commerce. Golden years are ahead.” Read More

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

April 19, 2021

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

September 12, 2012

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

September 11, 2012

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 …

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iCarnegie to open IT training center in Tatarstan

September 11, 2012

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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