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 …
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 …
Russian startup organizes food delivery to train passengers Read More
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 …
Sberbank, Rambler & Co and UCS join forces to create multifunction food service platform Read More
Russian startup Deliver (formerly iCanDeliver) has just announced the completion of a $7.5 million investment deal. The backers are Russian Direct Investment Fund (RDIF) and Mubadala, the Russian and Abu Dhabi sovereign funds, respectively. The respective contributions of the two funds have not been disclosed, but Deliver founder Danil Rudakov told Vedomosti that the investment will …
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 …
Sistema Asia Capital backs yet another Indian food delivery startup Read More
AddVenture, an international venture fund with Russian roots, has led a $4 million round of funding for ServiceMarket, a Dubai-based home services marketplace (previously known as ‘MoveSouq’). Emaar Properties, a local real estate development company, also participated in the round in undisclosed proportions. AddVenture led a previous $3 million round one year ago. Seed and …
AddVenture leads new funding round for Dubai-based home services marketplace Read More
YouDo.com, a platform that matches people requesting and providing day-to-day services, has raised $17 million in an equity funding round led by mobile operator MTS, as reported by the business daily Kommersant. MTS put $12 million on the table, while undisclosed amounts were brought by Sistema Venture Capital (one of the investment vehicles of Sistema, a …
AI-powered service marketplace raises $17 million to “disrupt the classifieds market” Read More
Grishin Robotics, an international venture fund with Russian roots, has taken part in a $63 million funding round for the Brazilian stationless bicycle-sharing platform Yellow. The round was led by Silicon Valley investment firm GGV Capital. It is the largest Series A ever for a Latin American startup, according to TechCrunch. In April this year, Grishin Robotics …
Alibaba, Mail.Ru Group, Russian telco MegaFon and sovereign fund Russian Direct Investment Fund (RDIF) today announced a “strategic partnership” that encompasses such a wide area as e-commerce, social media, online entertainment and communications combined. The agreement aims to leverage on the existing businesses of AliExpress Russia, the B2C marketplace owned by Alibaba which controls a …
AddVenture, a venture fund with Russian roots operating internationally, has led an $8 million Series A round for Miso, a South Korean home-cleaning service app. Also participating in the round, but with undisclosed contributions, were Y Combinator, Strong Ventures, Social Capital, and FundersClub, according to CrunchBase. Miso was the third startup from South Korea to participate …
AddVenture leads $8 million round for South Korean home cleaning startup Miso Read More
inDriver, a ride-hailing app with Russian roots now operating internationally, has just raised $10 million from its historic investor, Leta Capital. Born in 2012 in Yakutsk, Siberia, this startup has an unusual business model: passengers enter the price they are willing to pay, while drivers accept the orders only upon agreement of the fare. An …
Roskomnadzor, the Russian telecom and Internet regulator, threatened to block Yandex’s video service, following an August 24 verdict by the Moscow City Court ordering the website to remove all hyperlinks to pirated content from its search results. Earlier this month, several television stations filed lawsuits against Yandex, where links to pirated copies of their content …
Yandex caves to Russia’s federal censor in dispute over Internet piracy Read More
