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Yuri Milner adds $1.7 billion to his VC war chest

Russian billionaire investor Yuri Milner is in Bengaluru on a whirlwind two-day visit, eyes for start-ups. Yuri Milner, who recently

 

Yuri Milner

 

DST Global, the venture capital and growth equity firm led by tech entrepreneur Yuri Milner, has raised $1.7 billion for its fifth fund, according to a filing with the SEC. It is unclear if this represents a final close, or if DST is still soliciting new capital.

Economictimes India Times report today, the Russian billionaire investor Milner, is in Bengaluru on a whirlwind two-day visit,  eyes for start-ups.

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Milner  known for his investments in Facebook,   Zynga, Groupon, Twitter and Airbnb, Alibaba, Xiaomi and Flipkart and more.

DST does not generally discuss its fundraising efforts, but SEC filings suggest that its third and fourth general funds had an aggregate gross asset value of around $2.87 billion through the end of March. The group also has dozens of other investment vehicles, including many that focus on China report Dan Primack for fortune.

 

Yuri Milner

Russian billionaire Yuri Milner,    alien civilizations

A $100 million project to search the skies for signs of

intelligent life was launched at the Royal Society in London

today by Russian billionaire and tech investor Yuri Milner,

Professor Stephen Hawking and Lord More…

Yuri Milner

Yuri Milner’s Farfetch, an online fashion retailer, announced

an $86 million Series E round of investment led by DST Global.

Farfetch’s existing investors Condé Nast International and

Vitruvian Partners More…

Yuri Milner 640x360

Yuri Milner, a Russian investor worth roughly $2 billion,

believes Chinese smartphone maker Xiaomi will eventually

become a $100 billion company, Business Insider Australia said.

Xiaomi was most recently valued More…

Breakthrough Prize Welcome Breakfast & Symposia

Russian billionaire Yuri Milner, who holds the largest non-Chinese

stake in the giant Xiaomi, said he is looking to invest equally in U.S.

and Chinese companies in 2015, Reuters reported. “Going forward,

we will More…

DLD Conference 2010

– Xiaomi Corp.’s valuation could more than double to $100 billion, spurred

by its latest financing round, according to investor Yuri Milner, Bloomberg said.

China’s largest smartphone vendor has the same potential More…

Yuri Milner 640x360

Russian investor Yuri Milner is investing $5 million each in

Olacabs and Housing.com, two Indian start-ups. Milner is the

co-founder of Mail.ru group. His investment, while mainly

through his own funds,  More…

Yuri Milner

– The virtual currency Bitcoin has received an important endorsement

from one of the world’s most successful serial investors. – Russian Billionaire

investor and the founder of Digital Sky Technologies (DST) More…

– – The largest online retailer in India, Flipkart, today announced it had

raised US$210 million in a new round of venture funding. The investment

round is being led by Russian billionaire Yuri Milner, through More…

DLD Conference 2010

– – San Diego, California based Illumina Inc, listed on NASDAQ ILMN,

makes gene sequencing machines and other tools for the bio technology

industry. Since many of its products are quite expensive it is More…

2014 Breakthrough Prizes Awarded In Fundamental Physics And Life Sciences

– The ceremony, which  took place at Nasa’s Ames Research Centre in Mountain

View, California was attended by the highest fliers in the world of entertainment

and social media. – Yuri Milner and Mark More…

 

 

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