Sapato.ru the Russian online shoe retailer, comparable to Zappos, has raised USD 12 million in a new funding round. A majority of the USD 12 million came directly from Intel Capital. Previous investors such as Kinnevik, Direct Group and eVenture Capital accounted for the remaining balance. In a previous round of funding, Sapato was able [...]
Tag Archives: Direct Group
eVenture Teams With Direct Group to Launch Online Shoe Retailer
Germany’s eVenture Capital Partners has teamed up with Russia’s Direct Group to invest in the fledgling Sapatu.ru, an online shoe retailer just getting under way. The investment, which is believed to be in the neighbourhood of USD 1 million, is part of the partner’s goal to build Russia’s number one online shoe store in the midst of a [...]
Accel Partners Leads $20m Funding Round for KupiVIP.ru
KupiVIP.ru, the Russian online shopping club led by CEO Oskar Hartmann, recently concluded a third round of new funding to the tune of USD 20 million. U.S.-based Accel Partners led the round and was joined by previous investors Arlan, Direct Group, Mangrove Capital Partners, and Oliver Jung. KupiVIP.ru has managed to raise a total of USD 31 million [...]
KupiVIP Has New Minority Investor in Direct Group
KupiVIP.ru, the Russian online shopping club has a new minority investor in Direct Group, the market expansion firm headed by Pascal Clément. As part of the deal, whose financial details have not been disclosed, Clément will be given a seat on KupiVIP.ru’s Board. Direct Group plans to bring the same industry expertise it utilized in [...]
