Last week, Russian Internet marketing company ALTWeb Group announced the creation of its venture arm ALTWeb Capital, which will focus on pre-seed and seed stage investments of up to $400,000. The fund is seeking to invest, in particular, in SaaS solutions, as well as in Internet marketing and advertising services.
In what is being touted as a crackdown on cyber-extremism and banned information that may be harmful to children, the Russian government has opened a portal listing outlawed websites. The portal, which has been dubbed the Unified Register, will be temporarily run by the Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications (Roskomnadzor). The …
Online register lists banned web content as controversial legislation comes into force Read More
Launched just one month ago, Yandex.Garderob – a special section of Yandex’s e-commerce marketplace that aggregates offers from online fashion retailers – claims it has reached a daily audience of 70,000 to 75,000 users. Considering these figures a success, Yandex intends to launch similar aggregators for other product categories such as jewelry and other lifestyle-related …
I recently had an opportunity to make a personal test of Enter.ru’s shopping experience. Using their website was pretty easy, as was the process of creating an order. As is common for Russian e-commerce companies, they offer a wide range of payment and delivery options. The website even allows shoppers to enter orders without registering their …
Enter.ru and E5.ru: A Westerner’s online shopping experience Read More
Six months after its launch, the IPO Board platform has attracted no fewer than 90 non-listed startups, enabling them to trade their shares electronically through private placements. An initiative of the Moscow stock exchange, IPO Board – also known in Russian as RII-board – has enjoyed the support of RVC and Rusnano, two state-owned organizations …
Ninety startups trade shares electronically through IPO Board Read More
Once again this year, the annual IDCEE conference held in Kiev on October 18th and 19th attracted an impressive array of Internet oriented investors, startup entrepreneurs, and professionals of all kinds from far beyond Ukraine and the neighboring countries (see videos). A rare phenomenon in such events, investors – coming from all parts of Europe …
Kiev’s IDCEE attracts investors from USA to India; Russian startups win top prizes Read More
Onetwotrip.com, a Russian air ticket booking site launched less than 18 months ago, announced last week that it has received a $16 million capital injection from international venture fund Atomico. The funding comes as a complement to the $9 million invested last month by Phenomen Ventures, a fund established earlier this year by Russian tech …
In partnership with East-West Digital News, Midem, the leading international b2b event dedicated to the new music and entertainment ecosystems, cordially invites Russian startups to midemlab. This major startup and app developer competition will take place in Cannes, France, from Jan. 26 to 29 of next year. If you have built a solution that will help music executives, …
Looking for a fitness instructor, plumber, or hairdresser? Need an appointment with a doctor or want to hire a performer? You will probably find the professional or small business you need using one of the eight service marketplaces of Eruditor, a startup that claims to have served 300,000 users since its launch in 2007. “Eruditor’s …
Intel Capital and Runa Capital invest $4 million in personal service aggregator Eruditor Read More
KupiVip Holding, the owner of the largest online fashion shopping club in Russia, has raised $12 million from Warsaw-headquartered MCI Management, a multi-stage technology private equity group operating in Central and Eastern Europe. The investment will be used for various purposes, KupiVip stated, from “further development of order fulfillment capacities to business growth, with the …
Shopping platform ShoppingPlus, a copycat of Germany’s KaufDA and a competitor of Lokata.ru on the Russian market, is experimenting with connected TV, having made its service available to users of LG’s Smart TV. Just like Lokata.ru, ShoppingPlus shows the products currently sold in stores and their prices, as well as special offers. It also lists …
ShoppingPlus teams up with LG for Smart TV shopping Read More
Startup-Afisha, an online resource for Russian startups that has thus far focused on the domestic market, yesterday announced a decisive shift to address a global audience. Slated for launch next month, its startup database RusBase will “provide Russian IT startups with access to leading Western funds” and “link Russian funds to international partners for co-investment.” …
Startup-Afisha goes global with English-language Russian startup database Read More
