The CapMan Russia fund, in collaboration with Belgian investment company Gimv NV, announced last week it has provided an undisclosed amount of growth capital to Expert Photo, a leading provider of online and offline photo related services in Russia.
Prominent Russian-American businessman Leonard Blavatnik has invested $9.5 million in Get Taxi, an Israeli-based mobile taxi-booking company, together with Get Taxi’s founders, which include Shahar Smirin, a former executive at Comverse in Russia.
NetHope, an association of international humanitarian organizations, USAID, and the Demi & Ashton Foundation (DNA) have called upon software developers from Russia and Eastern Europe to design innovative mobile applications to help stop human trafficking.
Muscovites will be able to vote in the 2016 elections through the Internet. “We will be technologically ready to conduct electronic elections in 2016 and we will offer such opportunity,” the head of the city’s information technologies department Artem Ermolaev told Russian news agency RIA Novosti.
Leading consumer electronics online retailer Utinet.ru was introduced this week on MICEX, one of the two Moscow stock exchanges. The company’s bid book, which was open from July 5 to July 19, was oversubscribed by nearly 230% at the upper band of the price range – 195 rubles, or almost $7 per share – the …
First ever online retailer issues IPO on Moscow stock exchange Read More
Russian authorities are not ruling out the establishment of customs fees on imported hardware equipped with GPS navigators not supported by the Russian national satellite navigation system GLONASS. “Currently the fee is zero. There are plans to introduce customs fees for GPS equipment that is notoriented to GLONASS GPS. It is possible that [the customs …
Russia considers imposing customs fees on GPS receivers without GLONASS support Read More
Begun, a leading Russian advertising network acquired by Google in 2008, announced earlier this week that its contextual ad service now operates on Android and iPhone mobile applications.
Russia’s national telecom operator Rostelecom has introduced its cloud solution for the creation of multifunctional e-government service centers for Russian citizens, the company announced in a news release last week. The new service was demonstrated as part of the Innoprom innovations-related exhibition held last week in Ekaterinburg.
Talenthouse.com, an international platform that provides emerging talents and little known performers, artists, and creative types with opportunities to work with leading artists and brands, officially launched a Russian version of its web site last month, following a 6-month pre-release period.
Russian electronic device maker AK-Systems has started production of compact ‘plug computers’ on three different sites in Russia. Plug computers are a class of miniature computer hardware that plugs directly into alternate current (AC) outlets and offers basic computing functions. The news was announced by AK-Systems’ General Manager Arkady Karzhitsky to CNews.ru, a Russian website …
Mail.ru Group, which owns a controlling stake in several key Russian Internet properties, exercised its option to raise its stake in Vkontakte.ru from 32.49% to 39.99%, Russian business daily Vedomosti reported yesterday.
Two investment proposals filed with the Russian government by national telecom operator Rostelecom have received support from Prime Minister Vladimir Putin, Russian daily Vedomosti reported. The proposals aim to modernize Rostelecom’s networks in Russia’s Central Federal District by 2013 in order to provide all the District’s 7 million households with landline and wireless Internet, telecom …
Rostelecom invests heavily in broadband Internet in Central Russia Read More
