Social Impact

Russian entrepreneur brings social distancing to bus transportation

November 12, 2020

With COVID-19 wreaking havoc with transportation worldwide, a Russian entrepreneur, Denis Sverdlov, has proposed innovative, and eco-friendly, solutions for our transit crisis. Sverdlov is the founder of the British-based company Arrival. Already the talk of the town in the electric-vehicle business, the firm has designed public transport buses, that not only promise to lower our …

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20 sovereign funds and international institutions prepare joint response to Covid-19 pandemic

November 12, 2020

More than 20 international investment institutions and sovereign wealth funds, including Russia’s RDIF, are discussing potential coordinated efforts to fight the Covid-19 pandemic. In late April a video conferencegathered these organizations representing Brazil, China, France, India, Italy, Japan, Kuwait, Oman, Russia, Saudi Arabia, Singapore,  South Korea, Thailand, the UAE and the USA. As stated by …

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Yandex launches covid home testing and online school

November 12, 2020

Like other Russian majors, Yandex is demonstrating its commitment to combat Covid-19 through a series of initiatives. The latest one is Yandex.School, a free online education platform which the search giant created “in record time” using its existing educational programs. Launched on March 31, Yandex.School helps teachers, students and parents “retain a sense of normalcy …

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Sberbank combats COVID-19 with disinfection robots, AI-powered medical tests and giant e-commerce loan

November 12, 2020

Last week Sberbank, the Russian financial and tech behemoth, announced it created a disinfection robot “in the shortest time.” It is intended for use in any public place – from hospitals, to schools, to offices, to public transport. This robot – which is an adapted version of a delivery robot – can disinfect a room of 20 sq. …

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From Finland to Japan, Russian startup makes robotics easier to teach in schools

November 12, 2020

School teachers from the Karelia region (Finland) and the St. Petersburg region (Russia) will soon be able to integrate Industry 4.0 topics – from robotics, to 3D printing, to Internet-of-Things, to programming – to their programs.  This program is a joint effort of Lappeenranta and Lahti University of Technology (LUT University), St. Petersburg Polytechnic University (SPbPU), the Lappeenranta city administration, with …

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Sberbank invests in PayZakat, a payment system that helps Muslims collect alms

November 12, 2020

Sberbank, the state-controlled financial giant in Russia, is going to acquire 25% stake in PayZakat, the bank stated without disclosing the financial details of the deal.  This Moscow-based startup has developed a payment platform to help Muslim users collect obligatory and voluntary alms. With the help of PayZakat’s bots in social networks, Muslim users can calculate their …

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Mail.Ru Group’s new browser “focuses on user security and privacy”

November 12, 2020

Half a year after it stopped supporting its first, not-so-successful browser Amigo, Mail.ru Group announced earlier this month the launch of a new browser christened ‘Atom.’ While Amigo had been perceived as excessively intrusive due to the way it had been promoted by Mail.Ru’s partners, Atom “focuses on user security and privacy,” claims the LSE-listed …

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IIDF invests $1.3 million in mobile medical alert system

November 12, 2020

Knopka Zhizni (“Life Button”) has raised 45 million rubles (approximately $1.3 million) from IIDF (FRII in Russian), a $200 million seed and early-stage fund launched last year. The news was reported yesterday by IKS Media. Founded in November 2010 by MBA students of the Skolkovo Management School, the startup has developed a mobile medical alert system for the …

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Siberian children’s fund launches online charity network

November 12, 2020

Russia’s first ever charity social network launched earlier this month to enable handicapped children in Siberia’s Tomsk region to publish blogs and charities across the world to donate online for the kids’ treatment, the five-year-old regional Ordinary Miracle charity fund for children announced. Elena Makarova, the fund’s president, said at a press conference at RIA …

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Mobile medicine startup ‘Life Button’ raises $1 million

November 12, 2020

Knopka Zhizni (“Life Button”), a startup that has developed a mobile medical alert system for the elderly and the disabled, has raised “over 35 million rubles” (over $1 million) from Rintech.ru, a subsidiary of the diversified high tech group IT Co. Founded in November 2010 by MBA students of the Skolkovo Management School, the startup turned heads last …

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