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	<title> &#187; Tourism, Restaurants &amp; Leisure</title>
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	<link>http://invest-iq.net</link>
	<description>Private Equity News</description>
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		<title>Ostrovok.ru Receives USD 25mln in Series B Financing</title>
		<link>http://invest-iq.net/2013/03/ostrovok-ru-frontier-ventures-accel-partners-yuri-milner/</link>
		<comments>http://invest-iq.net/2013/03/ostrovok-ru-frontier-ventures-accel-partners-yuri-milner/#comments</comments>
		<pubDate>Fri, 29 Mar 2013 14:00:00 +0000</pubDate>
		<dc:creator>Dora</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Accel Partners]]></category>
		<category><![CDATA[Erik Blachfold]]></category>
		<category><![CDATA[Frontier Ventures]]></category>
		<category><![CDATA[Ostrovok]]></category>
		<category><![CDATA[Yuri Milner]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=13545</guid>
		<description><![CDATA[After Oktogo.ru, an other major player of the Russian online travel industry raised funds in March. Ostrovok, the online hotel booking agency received USD 25mln from Frontier Ventures, Accel Partners and private investors like Yuri Milner, and ex-Expedia Erik Blachfold.  Blachfold invested in the company January 2012 as well in a series B round which totaled USD [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2013/03/ostrovok-ru-frontier-ventures-accel-partners-yuri-milner/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Russian Hotel Reservation Site Oktogo Raises $11M from Existing Investors Mangrove et al</title>
		<link>http://invest-iq.net/2013/03/oktogo-mangrove-investment/</link>
		<comments>http://invest-iq.net/2013/03/oktogo-mangrove-investment/#comments</comments>
		<pubDate>Fri, 29 Mar 2013 07:03:29 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Mangrove Capital Partners]]></category>
		<category><![CDATA[Marina Kolesnik]]></category>
		<category><![CDATA[Oktogo.ru]]></category>
		<category><![CDATA[Ventech]]></category>
		<category><![CDATA[VTB]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=13556</guid>
		<description><![CDATA[Russian accommodations booking website Oktogo has raised a massive USD11 mln round of financing from its present investors, which include VTB, MangroveandVentech in addition to Victor Sazhin, a well-recognized name in online marketing. The funding will go towards the Herculean task of converting local market regions from offline travel booking to an online service, and [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2013/03/oktogo-mangrove-investment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>LitCapital and BBT Gear Up For e-Bike Manufacturing in Lithuania</title>
		<link>http://invest-iq.net/2013/03/litcapital-baltic-bicycle-trade-investment/</link>
		<comments>http://invest-iq.net/2013/03/litcapital-baltic-bicycle-trade-investment/#comments</comments>
		<pubDate>Mon, 18 Mar 2013 07:01:12 +0000</pubDate>
		<dc:creator>Dora</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Lithuania]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Transportation & Logistics]]></category>
		<category><![CDATA[Baltic Bicycle Trade]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[LitCapital]]></category>
		<category><![CDATA[Pantherwerke AG]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=13456</guid>
		<description><![CDATA[Litcapital has agreed to invest up to LTL 10 mln (USD 3.78 mln) into Baltic Bicycle Trade UAB. The company is owned by the German cult bicycle manufacturer Pantherwerke AG, as yet carrying out exclusively wholesale and retail trade activities. To meet the increasing demand for electric bicycles in Western Europe Pantherwerke decided to move its manufacturing unit from [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2013/03/litcapital-baltic-bicycle-trade-investment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Paul Heth Gets Green Light for Karo Film from Consortium led by Baring Vostok</title>
		<link>http://invest-iq.net/2013/01/paul-heth-baring-vostok-karo-film-investment/</link>
		<comments>http://invest-iq.net/2013/01/paul-heth-baring-vostok-karo-film-investment/#comments</comments>
		<pubDate>Thu, 17 Jan 2013 12:00:29 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Baring Vostok Capital Partners]]></category>
		<category><![CDATA[Karo Film]]></category>
		<category><![CDATA[Leonid Ogorodnikov]]></category>
		<category><![CDATA[Oleg Andreev]]></category>
		<category><![CDATA[Paul Heth]]></category>
		<category><![CDATA[UFG Asset Management]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=13023</guid>
		<description><![CDATA[A consortium of investors comprising Baring Vostok, the Russian Direct Investment Fund and UFG Private Equity will support media mogul Paul Heth through an investment in Karo Film, a leading chain of Russian cinemas. The consortium will take on a controlling stake in the group, and will also invest USD 100 mln over the next [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2013/01/paul-heth-baring-vostok-karo-film-investment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Russian Travel Booking Portal Travelata Funded by MCI-backed Invia.cz</title>
		<link>http://invest-iq.net/2013/01/travelata-ru-invia-investment/</link>
		<comments>http://invest-iq.net/2013/01/travelata-ru-invia-investment/#comments</comments>
		<pubDate>Mon, 07 Jan 2013 12:30:46 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Czech Republic]]></category>
		<category><![CDATA[Internet, E-Commerce & E-Services]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Alex Zaretsk]]></category>
		<category><![CDATA[Invia.cz]]></category>
		<category><![CDATA[MCI Group]]></category>
		<category><![CDATA[Stanislav Satsuk]]></category>
		<category><![CDATA[Travelata]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=12937</guid>
		<description><![CDATA[Popular Russian online ticketing service Travelata.ru has received a financial boost from Czech investment company Invia. The latter is backed by Polish VC fund MCI Management, and is already a leader in the online travel bookings market in the CEE region. Though Travelata competes globally with giants like Expedia, Orbitz and Priceline, the Russian market [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2013/01/travelata-ru-invia-investment/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>BaltCap Seeks Regulatory Approval for Significant Minority Investment in Coffee Inn Lithuania</title>
		<link>http://invest-iq.net/2012/12/baltcap-coffee-inn/</link>
		<comments>http://invest-iq.net/2012/12/baltcap-coffee-inn/#comments</comments>
		<pubDate>Mon, 17 Dec 2012 16:00:54 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Lithuania]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[BaltCap]]></category>
		<category><![CDATA[Coffee Inn]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=12866</guid>
		<description><![CDATA[BaltCap has sought permission from anti-monopoly authorities in Lithuania for a 45.3 per cent acquisition of stake in one of the top four coffee retailers in the nation &#8211; Keturi Kambariai. The Lithuanian Competition Council (LCC) received BaltCap&#8217;s application to invest a total of USD 3.74 mln (LTL 10 mln) in the retail chain Coffee [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2012/12/baltcap-coffee-inn/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Trilantic (formerly Lehman Bros Merc Bank) Exits Istanbul Doors Group</title>
		<link>http://invest-iq.net/2012/12/trilantic-istanbul-doors-exit/</link>
		<comments>http://invest-iq.net/2012/12/trilantic-istanbul-doors-exit/#comments</comments>
		<pubDate>Tue, 04 Dec 2012 16:00:08 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Exit]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Turkey]]></category>
		<category><![CDATA[Doğuş Group]]></category>
		<category><![CDATA[Istanbul Doors]]></category>
		<category><![CDATA[Trilantic Capital Partners]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=12744</guid>
		<description><![CDATA[European fund managers Trilantic Capital Partners have sold their stake in Turkish restaurant chain Istanbul Doors to the Dogus Group, a domestic conglomerate and one of the largest in the country. The restaurant group was formed in 1993 and Trilantic came on board in 2008. In the four years since the purchase, the group has [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2012/12/trilantic-istanbul-doors-exit/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>OneTwoTrip Bags $16 Mln Financing from Skype Founders&#8217; VC Fund Atomico</title>
		<link>http://invest-iq.net/2012/11/onetwotrip-atomico/</link>
		<comments>http://invest-iq.net/2012/11/onetwotrip-atomico/#comments</comments>
		<pubDate>Tue, 06 Nov 2012 09:30:28 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Internet, E-Commerce & E-Services]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Atomico]]></category>
		<category><![CDATA[OneTwoTrip]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=12545</guid>
		<description><![CDATA[OneTwoTrip, featured recently in our investment news section, has made news again with  a USD 16 mln round of financing, this time from VC company Atomico, launched by members of Skype&#8217;s founding team. OneTwoTrip was founded by Peter Kutis, who also founded AnywayAnyday.com, now a direct competitor for his new company. The last round of [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2012/11/onetwotrip-atomico/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Phenomen Ventures Soars High with $9 Mln Investment in OneTwoTrip.com</title>
		<link>http://invest-iq.net/2012/10/phenomen-ventures-onetwotrip-com/</link>
		<comments>http://invest-iq.net/2012/10/phenomen-ventures-onetwotrip-com/#comments</comments>
		<pubDate>Mon, 15 Oct 2012 08:43:00 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Software & Information Technology]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[onetwotrip.com]]></category>
		<category><![CDATA[Phenomen Ventures]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=12346</guid>
		<description><![CDATA[Phenomen Ventures has recently invested close to USD 9 mln in Russian online ticketing service onetwotrip.com in exchange for a minority stake in the rapidly growing portal. The startup company is being unofficially valued at around USD 70 mln. Over USD 30 mln  worth of tickets are sold through the site, as of June, and [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2012/10/phenomen-ventures-onetwotrip-com/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>212 Enjoys Extended Stay With Second Round Financing of Hemenkiralik</title>
		<link>http://invest-iq.net/2012/08/212-capital-partners-hemenkiralik-second-round-financin/</link>
		<comments>http://invest-iq.net/2012/08/212-capital-partners-hemenkiralik-second-round-financin/#comments</comments>
		<pubDate>Fri, 17 Aug 2012 07:00:27 +0000</pubDate>
		<dc:creator>Shudeep.Chandrasekhar</dc:creator>
				<category><![CDATA[Central & Eastern Europe]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Private Equity News]]></category>
		<category><![CDATA[Tourism, Restaurants & Leisure]]></category>
		<category><![CDATA[Turkey]]></category>
		<category><![CDATA[212 Capital Partners]]></category>
		<category><![CDATA[Fahri Diner]]></category>
		<category><![CDATA[Hemenkiralik]]></category>
		<category><![CDATA[Netprice]]></category>

		<guid isPermaLink="false">http://invest-iq.net/?p=12020</guid>
		<description><![CDATA[Early-stage VC fund 212 Capital Partners has led another successful round of investing in Turkish temporary stay search portal Hemenkiralik. This second round of investment was joined by Teruhide Sato of Netprice, Japan and Fahri Diner of Sigma Partners, but only on an individual basis. Hemenkiralik provides its users a very useful service by helping [...]]]></description>
		<wfw:commentRss>http://invest-iq.net/2012/08/212-capital-partners-hemenkiralik-second-round-financin/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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