Russian group discount site Darberry.ru has raised several million in new round of venture funding from world’s leading group buying service Groupon. As a result, Groupon obtained a majority stake in Darberry. The deal could be considered as acquisition of Darberry by Groupon,which expanded its group discount buying service in Russia.
Darberry‘s previous investor eVenture Capital Partners, which also co-invested in this round, should have shopped the deal to Groupon. In early 2010, eVenture Capital sold German group discount site CityDeal to Groupon. In 2010, Darberry got first funding from Russian internet incubator AddVenture.
Launched in March 2010, Darberry.ru has more than 180,000 subscribers. The site claimes that it saved almost $0.5 million to its subscribers since launch. Darberry currently operates in seven Russian cities. The Darberry service shall expand in other cities in Russia as well as in Ukraine with the new funding.
Russia’s leading internet investment holding Digital Sky Technologies (via its affiliate DST Global) contributed a majority of Groupon’s latest funding of $135 million in April 2010. In July 2010, ABRT Fund and Mangrove Capital invested in Russian group purchasing service KupiBonus.ru. The site focuses on selling beauty service coupons to women.
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