Search Results for: oskar hartmann

New Russian delivery services launched in London, Oman and Vancouver

October 25, 2021

As part of an already established trend, the past few weeks saw Russian players assert themselves again on the international express delivery scene. In early October, two Russian entrepreneurs, Yevgeny Bisovka and Razmik Sukiasov, announced they completed a $6.1 million round of funding to develop their service Tiggy in Vancouver, Canada. This company offers “free 15-minute grocery delivery with …

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Russian-founded Jiffy raises $28 million to roll-out super fast food delivery service in the UK

September 27, 2021

Jiffy, a 10 month-old UK grocery delivery and dark store startup, has secured a $28 million Series A round. Coming after two funding rounds completed earlier this year, this capital injection brings to $35 million the total amount raised so far by the startup, as reported by TechCrunch. Led by family-owned investment company Heartland, the round was supported by Baring Vostok, …

Russian-founded Jiffy raises $28 million to roll-out super fast food delivery service in the UK Read More

Western-funded KupiVIP shuts down after 13-year e-commerce story

September 13, 2021

On Sept. 1 KupiVIP, once a top Russian fashion site, and its affiliate Mamsy.ru, wound up their operations Sept. 1, unable to compete with Russia’s new generation of online retail giants. “For 13 years we made you happy with each purchase [but] our story is over now,” says a statement posted on the KupiVIP site. …

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Glorious story but modest exit for online fashion pioneer KupiVIP

July 9, 2021

Update July 9: Yandex announced the cancellation of the deal, for undisclosed reasons, according to media reports. The company is considering “other options to enter the fashion segment.” Yandex.Market is in the process of acquiring KupiVIP, one of the most established e-commerce brands in Russia, founded back in 2008 by German entrepreneur Oskar Hartmann. Also …

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Backed by Baring Vostok, Russian-founded startup targets London’s highly competitive delivery market

May 26, 2021

Russian-speaking tech entrepreneurs and investors are more than ever active abroad — which has been illustrated again in the UK by a grocery delivery and dark store startup called Jiffy. Founded in November 2020, this company aims to deliver fresh products, meals and household essentials “in just 15 minutes” in several districts of the British capital. With products sourced from local …

Backed by Baring Vostok, Russian-founded startup targets London’s highly competitive delivery market Read More

Three Russian online delivery startups shut down amid strong market growth

November 12, 2020

Over the past few weeks three online delivery startups ceased activities, having failed to turn a profit or demonstrate viable business models. The e-grocery delivery service Golama made the news last year as it completed a $2.3 million round of funding, then agreed with VEB Ventures an additional $7 million capital injection.   In mid-January 2020, however, …

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Backed by Western investors, a Russian car repair platform “temporarily suspends” activity

July 30, 2019

CarFix, an online-to-offline auto repair and maintenance platform, has announced the “temporary suspension” of its activity.  “The car service digital revolution is postponed,” the company’s website says, while promising that the service “will soon come back with a first-class product.” Launched in 2016, the platform initially raised €1 million from Oskar Hartmann, a young German entrepreneur who …

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Russian VC firm FinSight puts $25 million in Indian startup fund

January 9, 2019

Last month FinSight Ventures, a Californian VC firm belonging to leading Russian financial group FINAM, announced an investment in Indian startup fund Emphasis Ventures (EMVC). The investment amounted to $25 million, reported Russky Venture, an influential Telegram channel. “The partnership enables FinSight to have access to leading startups in rapidly growing and evolving Indian market as …

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Larix VC invests $1 million in Indian agri-marketing platform Ninjacart

December 28, 2018

Larix VC, a fund launched by Moscow-based businessmen Oskar Hartmann and Igor Rybakov, has invested $1 million in Indian startup Ninjacart. Launched in 2015, this B2B “agri-marketing platform” claims to serve currently  more than 3,000 vegetables and fruits farmers, connecting them to businesses. Ninjacart is the market leader in India, ahead of its competitors Crofarm, FarmTaaza and …

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Mail.Ru Group and top Western business angels invest in wholesale food supply startup Foodza

November 12, 2020

Foodza, a startup that organizes direct supplies of fresh fruit and vegetable to retail stores, restaurants and cafés, recently secured $1 million in a round of funding led by Mail.Ru Group. Among the other participants in the deal are Larix VC, a fund launched by Moscow-based businessmen Oskar Hartmann and Igor Rybakov; FJ Labs, the investment …

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Oskar Hartmann and Igor Rybakov invest $750,000 in Australian car sharing platform

August 3, 2018

Larix VC, a fund launched by Moscow-based businessmen Oskar Hartmann and Igor Rybakov, has invested $750,000 in  Australian car sharing platform Car Next Door. The news was reported last week by online publication VC.ru based on exchanges with fund representatives. Car Next Door defines itself as an online marketplace that provides a booking system and …

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Oskar Hartmann: “Everything is the same in Russia, but just comes a little bit later”

March 14, 2018

Born in Soviet Kazakhstan, Oskar Hartmann emigrated to Germany as he was still a child. In 2008, at the age of 27, he moved to Russia with the aim to launch his first business. He founded KupiVIP, Russia’s first flash-sales fashion site. Supported by international investors, and taking advantage of the opportunities of the Russian …

Oskar Hartmann: “Everything is the same in Russia, but just comes a little bit later” Read More

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