Russian entrepreneurs who develop B2B solutions for the consumer segment may now receive support from a specially dedicated venture fund. Christened B2B Lab, this fund has just been launched by Alexander Boiko and Vadim Potrashkov, two shareholders of Russia’s leading B2B marketplace B2B-center.ru.
The fund has already injected $400,000 in MenuForYou, a Moscow-based startup which has developed a restaurant management solution, in exchange for a stake of at least 25%.
To start with, B2B Lab intends to invest $2 million in up to five projects until the end of the year. With its dividend-oriented strategy, the fund expects its portfolio companies to break even no later than 2-3 years after investment.
Source: Firrma.ru
Topics:
Finance, News, Venture / Private equity
