Mail.ru Group, the LSE-listed Russian Internet giant, and VEB Innovations, a venture fund launched by Vnesheconombank in 2011 to support innovative projects, have registered a joint venture in the field of computer technologies.
The new entity, “Razvitaya.ru LLC” is listed in official registries as a company providing, in particular, “consulting” and “works” related to “computer technologies.”
The company is co-owned by “Development.ru” (45% stake), a property of Mail.ru LLC, “OOO Mail.ru Group” (15%), and VEB Innovations (40%).
Mail.ru Group’s press service declined to answer media inquiries.