Delivery

“Your order will be delivered by a literature teacher:” Food delivery startup launched weird ad campaign in Moscow

Delivery Club, a food delivery service owned by the Mail.Ru Group, has launched a new outdoor advertising campaign in Moscow, papering streets, subway cars, and train stations with posters that show couriers smiling beneath descriptions of their other careers and personal lives. The ads have been a laughing stock on social media because the delivery people working …

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Food delivery startup attracts $7.6 million from Mail.Ru Group and top businessmen

Instamart, a Moscow-based startup that organizes food deliveries from offline retail outlets, raised 500 million rubles (approximately $7.6 million at the current exchange rate). As reported by VC.RU, the deal, which took place last month, valued the company at 1.8 billion rubles (around $27.5 million). The money was brought in by Mail.Ru Group, Sberbank top …

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Food delivery service Golama raises $2.3 million, sees orders grow by “up to 30%” monthly

Moscow-based grocery delivery service Golama has attracted 150 million ruble (approximately $2.3 million) in equity funding from an unnamed individual investor, according to media reports. The funding will be spent on expanding Golama’s network of partners, which include retail chains and stores, and its goods and services offer. Golama told Russian online tech resource Rusbase …

Food delivery service Golama raises $2.3 million, sees orders grow by “up to 30%” monthly Read More

Gazprom Media and US investor back catering startup from Moscow

Gazprom-Media, Russia’s largest Russian media holding and a subsidiary of Gazprom, has led a $2 million funding round for Catery. This Moscow-based catering startup, launched in 2016, organizes deliveries to corporate clients. It operates in Moscow, St. Petersburg, Kazan, Rostov-upon-Don and Nizhny Novgorod, based on partnerships with more than 500 restaurants. According to a Catery …

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Yandex.Taxi asserts market leadership, announces new acquisitions

Several news came last month from Yandex.Taxi, the taxi-hailing company which merged activities in Russia and some neighboring countries with Uber earlier this year. The company  bought the software assets of a Moscow-based company, Nowtaxi. The software supports the accounting of operations with affiliated drivers and provides related analytics. Formally, the software assets, not the company, have …

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

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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Russian startup organizes food delivery to train passengers

Dubbed ‘Food Ball’ in reference to this year’s world football cup, this startup aggregates food orders from train passengers during long-distance journeys. Based in Omsk, Siberia, and competing with the traditional dining cars of Russian Railways, the startup claims to partner with more than 500 fastfood chains, cafés and restaurants in more than 80 cities …

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Sberbank, Rambler & Co and UCS join forces to create multifunction food service platform

Sberbank, Russia’s national savings bank, Rambler & Co, a sizable Internet group, GHP Group, a wealth management and financial advisory, are joining forces to create a multi-function platform for the Russian restaurant and food delivery market. Also taking part in the venture are Grigory Gurevich and Evgeny Malakhov, who are the founders of restaurant automation software …

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Sistema Asia Capital backs yet another Indian food delivery startup

Earlier this month Sistema Asia Capital, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, took  part in a $25 million Series C funding round for Licious, an Indian online meat and fish ordering startup. The funding round was led by Bertelsmann India Investments, UCLA, and Vertex Ventures Southeast Asia & India, while Mayfield …

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Two major deals in two months: Indian food delivery startups woo Russian VC billionaires

Indian startup Faaso’s has just secured $15 million from an investor consortium that includes Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, Ru-Net, an international fund led by Russian venture magnate Leonid Boguslavsky, as well as Sequoia Capital India, Lightbox and Evolvence India. The news was reported this morning by …

Two major deals in two months: Indian food delivery startups woo Russian VC billionaires Read More

Sberbank and Rambler & Co to create multifunction restaurant and food service platform

Sberbank, Russia’s national savings bank, Rambler & Co, a sizable Internet group, and tech businessmen Grigory Gurevich and Evgeny Malakhov are joining forces to create a multi function platform for the Russian restaurant and food delivery market. The news was reported earlier this month by the Russian business daily Vedomosti, which cited exchanges with several of …

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DST Global leads giant round for Indian food delivery startup

DST Global, a major global venture fund managed by Russian billionaire Yuri Milner, led a $210 million round for the Indian food delivery startup Swiggy, TechCrunch has reported. Another leading investor was the startup’s earlier backer Naspers. The round brought the company to a $1.3 billion valuation. According to CrunchBase, Swiggy has raised to date $465.5 …

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