Education & training

Moscow business school develops pioneering solution for remote courses

July 14, 2022

Russian edtech has been growing fast over the past years, as witnessed by variety of solutions developed in the country. One of the latest examples is an immersive online-offline platform for remote courses, which was presented earlier this month by the Moscow State University Business School (MSUBS). Touting this solution as a “unique digital model” …

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Russian-born startup raises $3 million to make students’ education dreams come true

December 14, 2021

StudyFree, an edtech startup born in Russia in 2018, has just secured $3 million to continue its international expansion. The investor pool includes I2BF Global Ventures and TMT Investments, two funds with Russian connections, Techstars, as well as Andrey Doronichev and Mikita Mikado.  The former, Google’s ex-director of product management, is a figure of the Russian-speaking community …

Russian-born startup raises $3 million to make students’ education dreams come true Read More

VK acquires edtech businesses in Russia and Brazil

November 25, 2021

In the past few months, Russian Internet major VK (previously Mail.ru Group) demonstrated a strong appetite for online education — both in Russia and abroad.   In August the group, partnering with Alexander Galitsky, integrated its properties Skillbox and GeekBrains into a holding called Skillbox Limited. In October, VK completed the move by merging SkillFactory, …

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This techie from a small Siberian town co-owns a $6 billion German HR tech startup

October 26, 2021

The impressive list of Russian entrepreneurs involved in multi billion dollar tech companies — from Pavel Durov (VK, Telegram), to Andrew Filev (Wrike), to Nikolay Storonsky (Revolut), to Ratmir Timashev (Veeam Software), and many more — is not coming to an end. 31-year-old Arseniy Vershinin,  who was born in Ulan Ude, a small town in Siberia, is also one of them. A …

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Sber aims to make elderly people digitally literate

October 7, 2021

Last week Sber, the state-controlled financial and digital giant, announced the launch of a Digital Skills School, aiming to teach elderly people to use digital services in everyday life. The financial and digital giant defines its initiative as “an educational and awareness-raising project,” touting its “simple language and accessible formats.” Users can learn how to buy medications …

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Russian GetCourse secures $50 million from top investors, expects to generate $1 billion in GMV this year

July 26, 2021

Baring Vostok, the Russian PE/VC giant, Winter Capital, a Moscow-based international fund backed, in particular, by billionaire Vladimir Potanin, and Goldman Sachs have invested $50 million in GetCourse.  This Russian edtech startup allows its customers — more than 20,000 schools, trainers, coaches and bloggers — to create, deliver, promote and sell their own educational content.  The service, which …

Russian GetCourse secures $50 million from top investors, expects to generate $1 billion in GMV this year Read More

Russian digital majors invite children from across the world to AI contest

June 29, 2021

Children and teenagers from some 80 countries are taking part in the Artificial Intelligence International Junior Contest (AIIJC). Russia, India, Kyrgyzstan, Kazakhstan and Bangladesh account for the largest cohorts of participants, but the Philippines, Canada, Ecuador and a variety of other countries are also involved.  This first-of-its-kind competition is organized jointly by Sber, Russia’s state-controlled financial and …

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Russia’s AI Alliance launches training programs, contests and an investment platform

April 1, 2021

The board of the Artificial Intelligence Alliance met in late March in Moscow, providing updates about this organization created by large Russian companies 2019. An investment platform will be launched to “consolidate the AI project and idea pipeline” and provide participating companies with access to the corporate accelerators of the members. Dubbed ‘AI-Hub,’ this platform will also “allow …

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Yandex launches world’s first crowdsourced data-labeling course on Coursera

March 23, 2021

Last week Yandex, the Russian NASDAQ-listed digital tech giant, launched an online course on data labeling, presenting the initiative as a world’s first.  This five-week course aims to teach “efficient and scalable data labeling for ML and various business processes” based on a crowdsourcing approach. Students are explained how to “split complex challenges into small tasks and distribute them among a …

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Severstal puts $122 million in digital transformation this year, provides every employee with digital training

February 12, 2021

The Russian steel and mining giant Severstal plans to invest no less than 9.1 billion rubles ($122 million at the current exchange rate) “in IT and digital projects” this year.   This year will see “a significant change [in] the company’s IT process model and organizational structure,” following the creation of “four new client teams responsible …

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Russian neurotech startup Wikium raises millions to improve cognitive capacities and increase stress resistance

February 5, 2021

Last week, a sizable deal in the field of neurosciences was announced in Russia. Maxim Basov, an executive from the agro industry, has invested in Wikium, an award-winning startup offering brain productivity exercises for office staff and students. Basov took control of the company, acquiring a 66% stake, Rusbase reported. The amount of the deal was not disclosed, but Rusbase noted …

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Russian edtech on the rise: Kodland raises $1.5 million to expand internationally

January 11, 2022

Illustrating the current traction of Russian edtech startups, online programming school Kodland has raised $1.5 million in its first round of financing. The money was brought in by Russian venture capitalist Alexander Nevinsky (a partner at I2BF) and an unnamed “European fund,” as reported by VC.RU.  The startup will use the fresh funding to test product …

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