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STATE OF RUSSIAN VC MARKET IN APRIL 2013
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In April 2013 local investors continued to focus their attention on B2C startups, with multimedia, search and e-commerce doing particularly well. There were 29 deals, mostly at the pre-seed or seed stage (>$500,000), while VKontakte had a change of ownership, Yuri Milner invested in Rocket Internet and Ukraine got its first fund for IT-startups.
March 2013 revealed both sides of the travel Russian travel start-up industry, with increased investment, but also some worrying signs. Investment in online entertainment services showed no sign of abating, while companies seeking seed money increasingly sought to attract capital from abroad.
The State of the Russian Venture Market in February 2013
What was the trend in the foreign market a year ago, multimedia and gaming, became the leading segment for Russian
investors last February, focusing mainly on mobile technology and social media.
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