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June 11, 2013 02:28 am GMT
Lamoda, the Russian online fashion site incubated by the Samwer Brothers' Rocket Internet, is upgrading its wardrobe. On Tuesday, the company is announcing a new injection of $130 million -- understood to be a record round of funding for a Russian ecommerce site, passing the $100 million that Ozon, Russia's Amazon, picked up in 2011. This latest round was led by Access Industries, the VC and holding company controlled by Len Blavatnik, with participation also from Rocket Internet regulars, Summit Partners and Tengelmann.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wpwXqDbCa5s/
Lamoda, The Samwer Brothers' Russian Online Fashion Store, Snags $130M Led By Access Industries
Lamoda, the Russian online fashion site incubated by the Samwer Brothers' Rocket Internet, is upgrading its wardrobe. On Tuesday, the company is announcing a new injection of $130 million -- understood to be a record round of funding for a Russian ecommerce site, passing the $100 million that Ozon, Russia's Amazon, picked up in 2011. This latest round was led by Access Industries, the VC and holding company controlled by Len Blavatnik, with participation also from Rocket Internet regulars, Summit Partners and Tengelmann. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wpwXqDbCa5s/
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