Online classifieds

Yandex launches home service marketplace

Yandex, the Russian search giant, has launched an online marketplace for household services. The new platform encompasses a variety of services ranging from appliance repairs and installations, to home cleaning, computing assistance and courier services. The marketplace lists service providers’ information, including their prices and client reviews. Consumers can leave their feedback and also rate the quality of …

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Going it alone: Startup offers independent travel at the click of a mouse

While planning for a European trip, Alexander Artyukhin spotted a gap in the market for independent travel planning services. As a result he set up his own startup aimed at helping clients organize the details of their trips abroad, from hotel bookings and tickets to local recommendations. As the Russian entrepreneur was setting out on a …

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TechCrunch Moscow winner Dreamroomer attracts US investor

Dreamroomer, which won the Startup Battle at TechCrunch Moscow in December 2013, has raised investment from San Francisco fund 415x Inc. The project has created a service that aims to turn the property rental market on its head by helping landlords to find tenants, instead of vice versa. Property owners add their apartment to DreamRoomer’s …

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Russian entrepreneur raises $335,000 to launch real estate search engine in Thailand

Russian entrepreneurs with global ambitions tend to dream of conquering Europe or the USA. However, Denis Nemtsev decided to try something more “outside of the box”. He travelled to Thailand to set up HipFlat, a real estate search startup which has just secured $335,000 from international angel investors. The funding round, which was oversubscribed and …

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Tripadvisor will use Yandex.Maps to guide tourists in Russia and Turkey

Tripadvisor, one of the world’s largest online travel planning sites, has tapped into Yandex.Maps search capabilities to show customers travel destinations and tourist sights in Russia and Turkey. It is the first international Internet major to acknowledge the advantages of the mapping service of the Russian search giant. The global company believes that with its wide …

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New $30 million fund expects 45% return rate; makes first investment in task outsourcing service Youdo.com

Former executives of Finam Global, the venture arm of leading Russian financial group Finam, have launched a $30 million high-tech fund to invest in “fast-growing markets of considerable size.” Christened ‘Flint Capital,’ the fund comes as the fifth sizeable one launched in Russia since the beginning of the year – after FRII, a $200 million …

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Personal service aggregator Eruditor raises $12 million from Intel Capital, Frontier Ventures, and Runa Capital

Eruditor, a startup that helps users find hairdressers, fitness instructors, plumbers, or doctors via specialized service marketplaces, has just raised $12 million at an undisclosed valuation from Intel Capital, Frontier Ventures, and Runa Capital. The Moscow-based startup claims to have served 400,000 users since its launch in 2007 and provided more than 100,000 professionals with …

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Qiwi announces first venture investment deals and an enlarged investment focus

Leading Russian payment company Qiwi, which launched an in-house venture activity in early 2013, announced earlier this month its first investment. The group invested in Carbay.ru, a web and mobile service created in May of this year to help professional car dealerships place classifieds on a variety of third-party online resources, including social networks. “Not only …

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Media3 acquires realty classifieds site Cian.ru with leadership ambitions

A few months after the merger of Avito,ru, Olx.ru, and Slando.ru, which have formed Russia’s leading online classifieds company, market consolidation continues with Media3’s acquisition of Cian.ru. A major Russian media publishing, commercial printing, and distribution group, Media3 plans to merge Cian.ru and Dmir.ru, a sizable classifieds group with seven thematic platforms – including real …

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Remote working platform Workle raises $3.5 million

Moscow-based startup Workle, whose platform enables residents of Russia’s regions to work on a remote basis for leading companies, announced last week it has raised $3.5 million in its second round of funding. The investment came from Klever Internet Investment, the technology branch of a major Russian private investor, Klever Asset Management. Klever has also received the …

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eBay enhances Russian version; launches first TV ad campaign

Demonstrating the growing importance of its sales in Russia – which reached $400 million last year, – eBay announced yesterday a series of enhancements to its Russian-language version as well as specific marketing initiatives. The new Russian-language functionalities encompass several key areas such as the product categories, search capabilities, and seller descriptions. Russian online shoppers …

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