A JV partnership is brewing between Fast Lane Ventures and VTB Capital to tap the Russian internet market. VTB is doing this with a series C round of funding in Fast Lane valued at around USD 18 mln. Individual investors and business angels, apart from eVenture Capital Partners, are also named as participants in this [...]

Online sports, travel and leisure goods retailer Heverest.ru has raised a new round of funding worth USD 4.3 mln. eVenture Capital Partners and an unnamed Russian PE fund have jointly participated in this round. The funding will be used to expand their product line and increase their sales and marketing initiatives, and also upgrade their [...]

Russian start-up online sporting goods, leisure and travel products retailer Heverest.ru has roped in an additional round of funding worth USD 1.3 mln from Rollingahead and eVenture Capital Partners. This round of investments will be used to expand its offered product range, enhance customer service capabilities and market the site to attract additional traffic. A [...]

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 [...]

Russian online shoe store Sapato.ru has announced a successful second round of funding with $5 million from previous investors eVenture Capital Partners, Fast Lane Ventures, and Kinnevik. The company plans to use the funding to increase their product line as well as launch a new campaign to take advantage of the $15 billion shoe industry in Russia. Plans to [...]

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 [...]

eVenture Capital markets has chosen to make a big splash with its first Russian/Ukrainian internet investment by acquiring a stake in Mapia.ua, a Ukrainian startup offering online mapping and searching services. Mapia.ua has been valued at $2.5 million with eVenture committing to a second round of investment should Mapia continue its current success over the [...]