Digital services & Apps

Skolkovo companies demonstrate VR healthcare systems in Dubai

July 8, 2021

On June 21-24, resident companies from Skolkovo, Russia’s top international tech hub, took part in a business mission to Arab Health 2021. The companies Geotar, VRSim, MEDVR, and The Psycho Hyperreality drew attention as they demonstrated their virtual reality solutions. Virtual reality technologies are part of an up-and-coming market that is spreading across multiple sectors, including construction, gaming, medicine, engineering, etc. Given …

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Russian security forces unable to get QR codes to dine out in Moscow

July 2, 2021

Employees of Russia’s security services are unable to obtain the official QR codes necessary for dining out in Moscow under current coronavirus restrictions, a Federal Protection Service (FSO) source said Thursday. All Moscow restaurants and cafes now require patrons to present a QR code proving their vaccination, recent recovery from Covid-19 or negative PCR test …

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Russian travel segment is recovering fast from the pandemic

August 10, 2021

According to Aviasales.ru, Russian travellers booked 15% more tickets through its air ticket online booking platform for this May holiday season than in the same period of pre-covid year 2019.  The company also notes that 95% of the tickets were sold for domestic routes vs. 75% before the pandemic. The most popular international destinations this year were Turkey, …

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Russian service marketplace Eruditor secures $22 million venture loan to go global

June 9, 2021

Last week two large financial institutions announced a 1.6 billion ruble ($22 million) investment in Eruditor, a group of online platforms for small businesses and freelancers providing home and local services.   The funding is provided jointly by the Russian-Chinese Investment Fund, a vehicle created by Russia’s sovereign wealth fund RDIF and the Chinese Investment Corporation, and …

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Russian pulp and paper billionaire backs startup that recognizes fashion items in TV programs

May 25, 2021

Russian billionaire Zakhar Smushkin — chairman of the Ilim pulp and paper group and #122 in the Forbes ranking of top Russian businessmen — intends to invest 400 million rubles in an adtech startup called Vieweo. This capital injection (equivalent to $5.5 million at the current exchange rate) will be made until the end of …

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Russian neurotech startup raises $7.4 million to “accelerate computer-integrated human evolution”

June 2, 2021

A Moscow-based startup called Neiry is developing “human-friendly neural interfaces” applicable to a variety of daily tasks — from gaming and entertainment, to medical therapy, to training, to business. Supported by Russian state innovation programs, this startup believes it can “improve and restore human abilities and functions that were previously unattainable,” and contribute to “the acceleration …

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Russian-founded food delivery services make their way in western markets

June 21, 2021

In this second coronavirus spring, Russian-founded food delivery services are making their way in western countries. One of them is Getfaster.io, a German fresh product retail and delivery company launched in 2020 by former X5 executive Dmitry Bergelson alongside with Georgy Skalsky, Kirill Solonitsyn and Anton Zakharov.  After starting operations in Düsseldorf in January 2021, the company …

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This fast-growing delivery startup from Southern Russia raises millions to challenge market leaders

May 12, 2021

Earlier this month Russian delivery service Broniboy raised 100 million rubles ($1.35 million at the current exchange rate) at a 3 billion ruble valuation ($40 million), reports Rusbase.  This fast-growing company, which already operates in six Russian cities including Moscow, raised 130 million in a previous round, and plans to attract an additional 800 millions rubles next year.  …

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Apple challenges $12 million fine in Russian court

May 11, 2021

Apple has filed a lawsuit against Russia’s Federal Antimonopoly Service (FAS), challenging a $12 million fine. The Moscow Arbitration Court has accepted the claim and scheduled a preliminary hearing for June 21.  On April 27, the FAS fined Apple 906 million rubles (around $12 million) for abusing its dominant position in the apps market.  According to a previous …

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Car-sharing service “for the people” launches in Moscow and St. Petersburg

May 10, 2021

The Moscow Department of Transport has launched a car-sharing platform, which it says is similar to US service Turo.  Currently in test mode with 100 participants, the app is available on the App Store and Google Play. Dubbed Ruli (‘Drive’), this new service allows individuals to rent their car when lying idle on parking lots. Through the …

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Sber chairman concedes “complex problems” with Mail.Ru, but dismisses divorce rumors

April 30, 2021

Sber and Mail.ru Group are not on the brink of divorce, said Sber’s chairman Herman Gref in a media interview last week, dismissing repeated rumors and reports. Gref conceded that “complex problems” do occur with Mail.Ru, since their respective ecosystems partly intersect, but “we have very good relations and do find solutions.”  There is less …

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