Digital services & Apps

Telegram agrees to share some user data with governments “to fight terrorism”

The instant messenger Telegram has rewritten its privacy policy, and Russians are raising their eyebrows at Section 8.3, where the network now says it may disclose users’ IP addresses and phone numbers “to the relevant authorities,” if it “receives a court order [confirming] that you’re a terror suspect.” Telegram says it’s yet to surrender any …

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Swedish investor VNV invests $4 million in Busfor

Vostok New Ventures (VNV), a major Swedish investment firm operating internationally, invested $4 million in the Eastern European online bus ticketing platform Busfor. The transaction, which has been disclosed in the firm’s most recent financial report, took place at the end of the second quarter of this year. Busfor — previously known as Gillbus — aims …

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House-call doctor service DOC+ secures $9 million from Vostok New Ventures, Yandex and Baring Vostok

The Russian house-call doctor service DOC+ has secured $9 million in a round led by Swedish fund Vostok New Ventures VNV), with participation from existing shareholders Yandex and Baring Vostok Capital Partners. The deal, which took place in the second quarter of this year, according to the VNV’s latest financial report, was reported in details yesterday by …

House-call doctor service DOC+ secures $9 million from Vostok New Ventures, Yandex and Baring Vostok Read More

Supreme Court rejects Telegram’s appeal over FSB’s demands to access users messages

The Russian Supreme Court has upheld demands from the Federal Security Service (FSB) that Telegram provide encryption keys to access the content of user messages, the Interfax news agency reported this morning. Confirmed previous legal decisions, the Supreme Court, in particular, has supported an FSB argument which establishes a distinction between receiving the means to decipher encoded content, and …

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Mail.Ru Group surrenders carpooling activity to global leader BlaBlaCar

BlaBlaCar, the carpooling giant born in France, is consolidating its leadership on the Russian market with the acquisition of BeepCar, a competing service launched by Mail.Ru Group last year. The terms of the deals are expected to be disclosed in Mail.Ru Group’s next reports. BeepCar traffic will be redirected to BlaBlaCar “as of this autumn,” …

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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 …

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Oskar Hartmann and Igor Rybakov invest $750,000 in Australian car sharing platform

Larix VC, a fund launched by Moscow-based businessmen Oskar Hartmann and Igor Rybakov, has invested $750,000 in  Australian car sharing platform Car Next Door. The news was reported last week by online publication VC.ru based on exchanges with fund representatives. Car Next Door defines itself as an online marketplace that provides a booking system and …

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Yandex consolidates leadership on Russian search market

Yandex, the Russian search giant, has maintained its leadership on the domestic Internet market, with a 55% market share on all devices in July 2018, up 1 percentage point in one year. The numbers have just been published by Yandex, whose tool Yandex.Radar monitors search market share and browser trends in Russia, Belarus, Kazakhstan and Turkey. …

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Tinkoff acquires stake in ticket sales company Kassir.ru

TCS Group Holding, a major provider of online retail financial services in Russia known as Tinkoff, has acquired a stake in leading ticket sales company Kassir.ru. Neither the size of the stake nor the terms of the transactions were disclosed. Kassir.ru’s existing personnel or existing operations will not be affected by the transaction, Tinkoff stated. Kassir.ru claims to …

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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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Skolkovo’s UNIM lab offers cancer patients crucial second opinion

When, at the beginning of this year, the UNIM lab opened at Skolkovo, the international tech hub under completion on the outskirts of Moscow, it offered cancer patients around the country the chance to get expert opinions on their tumours. The lab’s mission is to improve the accuracy of cancer diagnosis, and accordingly, its treatment. …

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Yandex leaks internal Google Docs apparently shared by Russian banks, state officials, and Internet trolls

On the evening of July 4, Russian Internet users realized that the search engine Yandex has been indexing a surprising array of information stored on Google Docs, including files containing passwords, credit card numbers, and corporate documents. Yandex’s press service says the company’s actions were perfectly legitimate, but within hours of Wednesday’s discovery the search …

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