Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Mangrove

Drimmi Secures Funding While Still in Stealth Mode

Posted Mon, 08/02/2010 - 18:21

Luxembourg's Mangrove Capital and Russia's ABRT Fund have recently made an investment in Drimmi, a Russian social gaming company. The investment is estimated at several million dollars in exchange for a 20% stake. Drimmi apparently intends to use the new funding for the development and launch of its inaugural products.

Accel Partners Leads $20m Funding Round for KupiVIP.ru

Posted Wed, 03/02/2010 - 12:38

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 after its first to rounds brought in USD 3 million and USD 8 million, respectively. The new funding will be used to improve logistics and operational infrastructure.

Second Round Nets Another USD 8 Million for KupiVip

Posted Fri, 27/03/2009 - 01:00

Russia's KupiVip.ru, an online shopping club specializing in discounted fashions and accessories, has raised USD 8 million in financing from investors Mangrove Capital Partners, Arlan, and ABRT Fund. The transaction increases the total investment the three companies have made in KupiVip.ru, adding to the USD 3 million deal put together last year.

KupiVIP Receives USD 18 million from Mangrove Capital & ABRT

Posted Fri, 31/10/2008 - 01:00

European investment group, Mangrove Capital Partners, along with Moscow-based ABRT Venture Fund and Arlan Investment Group have invested USD 18 million into online shopping club KupiVIP, operated by Privat Trade Ltd. The funds will assist the KupiVIP to establish itself in the untapped Russian market.

bmp Media Investors Increases Its Stake in Republika Kobiet

Posted Thu, 02/10/2008 - 00:00

German based bmp Media Investors has increased its stake in Republika Kobiet from 17.53% to 38.53%. bmp Media Investors made its initial investment in November of 2007 and has now provided Republika Kobiet with seed money of under € 1 million to continue its expansion. bmp Media Investors takes on the firm with co-investor Mangrove II Investments S.a.r.l.

Entermedia Receives Investment from Mangrove Capital & ABRT

Posted Wed, 28/05/2008 - 00:00

European early stage investor, Mangrove Capital Partners, along with ABRT Venture Fund have announced a USD $1 million investment into Entermedia. The funding is aimed at helping support Entermedia's expansion into other language markets.

bmp Media Investors and Mangrove invest in Republika Kobiet

Posted Fri, 09/11/2007 - 01:00

bmp Media Investors and Mangrove have invested in Republika Kobiet, a lifestyle portal dedicated to women.