Tallinn, Estonia, Jan. 11, 2018 – A new blockchain project is emerging from Estonia, one of the most technologically advanced countries in Europe: the consulting marketplace G-Global Business Portal. Developing the vision of Denis Tsyro, a prominent entrepreneur in social education and development who founded the platform, G-Global Business Portal gathers international and local experts …
Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the way. The …
Telegram plans multi-billion dollar ICO for chat cryptocurrency Read More
Every year Yandex, the leading search engine in Russia, provides results to over 250 million user queries. At the end of each year, the company’s research team compiles these queries and analyzes them to publish a list of the year’s top search trends. While these categories don’t cover everything, it gives us a great picture …
Telegram, which staunchly refuses to surrender encryption keys for all user exchanges, has appealed to the United Nations for support in their dispute with Russia’s Federal Security Service (FSB). The instant messenger is represented by lawyers from Agora, a Russian human rights group, reports Meduza, a Russian and English language online publication based in Latvia. In a letter to David …
AddVenture, a major Russian venture fund, has invested $500,000 into the Spanish same-day laundry and dry-cleaning online service MrJeff in exchange for a 10% stake in the company. The news was reported by the Russian online publication Firrma.ru earlier this week. Touted as “the laundry revolution,” this subscription-based service claims to have over 15,000 clients in …
AddVenture invests in Greek and Spanish online services Read More
Mobile TeleSystems (MTS, a leading Russian mobile operator) is offering online taxi hailing and medical appointments over video, as Russia’s largest mobile carrier pursues new apps for revenue growth amid stiff wireless price competition. The carrier made an speedy foray into Russia’s taxi business in October after Uber in July agreed to merge its operations into a …
Yandex.Taxi — the taxi service of Yandex which is preparing to merge its activities with Uber in Russia and neighboring countries — has acquired food delivery service Foodfox. The two companies declined to comment officially on the deal, but an unnamed internal source at Yandex.Taxi told RBC, a major Russian business publication, that the taxi hailing service …
Yandex.Taxi acquires food delivery service Foodfox Read More
The Federal Antimonopoly Service of the Russian Federation has approved the Yandex-Uber plan to merge their respective taxi service activity in the country. To ensure fair competition, the antimonopoly authority has requested the companies to “provide users with the most complete and accessible information of the legal person carrying out the transportation, with the preservation of the history …
Russia’s antimonopoly authority clears merger between Uber and local service Yandex.Taxi Read More
AddVenture, a major Russian venture fund, has invested $4.5 million in the Russian home-cleaning service Qlean in a deal valuing the startup at $80 million. AddVenture had previously invested $1.2 million and $3.5 million back in 2015 and 2016. Qlean’s founders still retain a majority stake in the company. The news was reported earlier this week by Russian …
AddVenture invests $4.5 million in Russian home-cleaning service Read More
InVenture Partners, a major Moscow-based fund, has sold its share in Busfor, an online bus ticketing and distribution platform based in Moscow, Russia, and Kyiv (Kiev), Ukraine. The news was reported earlier this month by Russian business daily Vedomosti. The stake was acquired for an undisclosed amount by private equity funds Baring Vostok Capital Partners and …
Last week the Internet Initiatives Development Fund (IIDF, or FRII in Russian), Russia’s biggest fund for early-stage startups, announced its intention to invest 195 million rubles in Personal Medication & Health Management (PM&HM). In exchange for this capital injection (the equivalent of $3.3 million at the current exchange rate), the fund will receive a 35% …
Russian startup raises $3.3 million to reduce side effects of drugs Read More
Interest in self-improvement has never been out of fashion. But today we are experiencing a new era in the personal development sphere with the adoption of digital services and mobile applications. More and more people want personal consultations on the go, and the industry needs a reliable infrastructure to provide proven data, reliable methods and …
Trends and challenges in the self-improvement Industry: Russia and the West Read More
