Moscow-based e-learning startup YaKlass has announced that it has secured a seed funding round from Latvia’s Data Pro Group, Russia’s Vesna Investment and entrepreneur Nikita Khalyavin, CNews.ru revealed last week. The amount of the investment has not been disclosed, but CEO Valeriy Nikitin told East-West Digital News that it valued YaKlass at $2 million.
People seeking to increase their business skills and knowledge now have a new way of accessing quality instruction without attending MBA classes at Stanford or INSEAD. Eduson.tv, a new e-learning service launched earlier this week by a team from Russia, provides courses from leading professors and expert guest lecturers – from London Business School Adjunct Professor …
E-learning startup launches internationally with $1 million in funding Read More
International investor Black Ocean has put $500,000 into the Russian educational e-commerce site BimBasket, Rusbase.com reported last week. Scheduled for launch next month, the site will enable parents to subscribe to a recurring product offer – from toys to books to musical instruments – designed to instruct and entertain their infants and young children. The …
Black Ocean invests $500,000 in educational e-commerce Read More
Just weeks after its launch on Jan. 10, an educational app named Znanija has broken into the top-100 downloaded free iOS apps in Russia and become third most popular in the nation’s educational category, according to the App Annie app ranking and intelligence company. The mobile app allows Russian users to access the Znanija.com social educational network, which boasts over …
Bright Capital, the international venture investment arm of Russian billionaire Mikhail Abyzov, has invested “from $3.5 million to $4 million” in exchange for a minority stake in Fotoshkola.net, RBC Daily reported earlier this week, citing unnamed sources in the venture industry. When contacted by East-West Digital News, however, Bright Capital declined to confirm the figure …
Bright Capital funds fotoshkola.net for international expansion Read More
Runa Capital, a Moscow-based international venture fund, has invested $5 million in the educational startup at an undisclosed valuation. Dnevnik.ru was established in 2007 as a free, nationwide school network. The site currently serves 21,000 Russian and Ukrainian schools, attracting over 4 million pupils, parents, teachers, and school administrators – up 1 million in the …
Social educational network Dnevnik.ru raises $5 million for international expansion Read More
LinguaLeo, a Russian startup with a web service that teaches English using popular TV serials, books and contextual dialogues, has just secured $3 million from Runa Capital, a major Moscow-based venture fund. The site now serves 1.5 million registered users, of which 40,000 are paid subscribers, LinguaLeo founder Aynur Abdulnasyrov told East-West Digital News.
Canadian e-book software and firmware provider Evident Point, which has a separate development team in Moscow, has been acquired by LANIT, a major Russian company providing a diversified range of systems integration and other IT services. Neither the terms of the transaction nor general future plans of the two companies were disclosed.
LinguaLeo emerged last week as the winner of the annual BIT competition, Russia’s primary innovation and entrepreneurship contest with entrants from all across the country. LinguaLeo is a web service that teaches foreign languages using popular TV serials, books, and contextual dialogues.
National telecommunications operator Rostelecom, state-owned fund of funds Russian Venture Company (RVC) and Moscow incubator Digital October are to launch Knowledge Stream, a distance learning project for students, news agency ITAR TASS reports.
