Andrii Degeler

Based in the Netherlands, Andrii Degeler has been covering Internet and tech business news for a number of Western and Ukrainian publications since 2007. He contributes news articles and industry insights to East-West Digital News.

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Russian startup received $300,000 in funding to help students apply to foreign universities

Last week the startup Westudy.in, intended for Russian high schoolers who wish to study abroad, announced its official launch. Recently the project received $300,000 in seed funding from Mikhail Frolkin, the managing partner of HeadHunter, a leading online resource for Russian job seekers. Westudy.in presents itself as a one-stop shop for people looking for information …

Russian startup received $300,000 in funding to help students apply to foreign universities Read More

Hyperlocal targeting emerges in Russia’s online advertising market

Two independent players, eTargeting and Kavanga, have almost simultaneously introduced hyperlocal ad targeting – a technology that provides user location data accurate to less than one kilometer – on the Russian market. While eTargeting employs its own hyperlocal targeting service, Kavanga has partnered with Digital Element to adopt its patented technology called NetAcuity Edge.

KupiVip, Otto Group, and Ozon turn into e-commerce service providers in a more and more competitive market

Three leading e-commerce companies – KupiVip, Ozon, and the Otto Group – have started sharing the fulfillment and other service capacities that they had initially built for themselves. Coming in addition to those of such players as Arvato and Beta Production (fulfilment and warehousing), as well as B2C-PL, CDEK, DHL Global Mail, DPD, and SPSR (delivery), these offers contribute to improving fulfillment conditions in this huge …

KupiVip, Otto Group, and Ozon turn into e-commerce service providers in a more and more competitive market Read More

From visual file exploration to genetic data interpretation, Moscow University incubator displays startup innovation

At the end of June, Moscow State University’s (MSU) business incubator presented a new batch of startups at the second annual MSU Demo Day, which attracted more than 50 investors. In addition to startups created by eight MSU alumni, six more startups from other incubators – those from ITMO in St. Petersburg and the Moscow …

From visual file exploration to genetic data interpretation, Moscow University incubator displays startup innovation Read More

ERA-GLONASS to cover Russia by December 2013

The nationwide deployment of ERA-GLONASS, a real-time satellite-based service for reporting and responding to traffic accidents, is entering the home stretch. By August 2013, 62 more Russian regions will be connected to the system’s infrastructure, Digit.ru reported earlier this week. As a result of a tender, GLONASS, a non-profit partnership which carries out the task …

ERA-GLONASS to cover Russia by December 2013 Read More

Nokia Siemens Networks yields stake in LTE equipment manufacturer to Rusnano

Rusnano, a state-owned investment corporation focused on developing the Russian nanotechnology industry, has bought a 25% stake in the vendor of LTE equipment Wireless Technology Center (WTC) from Nokia Siemens Networks (NSN), the news agency Prime reported last week. Rusnano paid 330 million rubles (approximately $10 million) in the transaction which valued the joint venture …

Nokia Siemens Networks yields stake in LTE equipment manufacturer to Rusnano Read More

Popular Russian social network Odnoklassniki.ru now available in English

Last week, Russia’s second most popular social network, Odnoklassniki.ru (Russian for “Classmates”), owned by Mail.Ru Group, launched an English language version. This is the social network’s 10th language option in addition to Russian. At present, Odnoklassniki is translated into English, Moldavian, Georgian, Azerbaijani, Uzbek, Ukrainian, Armenian, Kyrgyz, Kazakh, and Tajik. In an official announcement, Odnoklassniki …

Popular Russian social network Odnoklassniki.ru now available in English Read More

Russia is among the main sources of phishing – and also a main target

Kaspersky Lab, a Russian-based provider of global IT security with headquarters in the U.S., has released a study called “The evolution of phishing attacks: 2011- 2013,” which lists Russia among the countries from which such attacks are launched most frequently. According to the data obtained from some 50 million users through the Kaspersky Security Network …

Russia is among the main sources of phishing – and also a main target Read More

Moscow Seed Fund invests $240,000 in traffic monitoring service

The Moscow Seed Fund, the City of Moscow’s venture arm, has poured 8 million rubles (about $240,000) into a startup named Probki Iz Okna (Russian for “traffic jams from the window”). The company has created a large network of webcams installed and controlled by users to monitor the road traffic situation in real time in the …

Moscow Seed Fund invests $240,000 in traffic monitoring service Read More

Family cloud platform Frolik nears completion after $1.5 million investment

MTT, a Russian telecom group owned by VTB and former telecommunication minister Leonid Reiman, has announced that it has invested 50 million rubles (about $1.5 million) in Frolik, a service for children and their parents, since project start in September 2012. “As for future investments, we will continue funding the project,  but we are open …

Family cloud platform Frolik nears completion after $1.5 million investment Read More

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