Mobile & Telecom

Geolocation startup Meanwhile raised $100,000 from individual investors

December 26, 2018

Meanwhile, a Russian startup that has created a mobile interface to “offer a simple and convenient access to all local information,” secured $100,000 from unnamed individual investors. The deal took place in late 2014, but was revealed only last week by Russian tech blog Firrma.ru. The startup initially received support from the IIDF (FRII in Russian, the …

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Russia, China to equip trucks with Glonass and Beidou

March 2, 2017

Russia and China are currently working on a joint project to develop “a navigation device with Glonass/Beidou support” to equip commercial carriers crossing Russia’s border with China. These plans were aired last week by Alexander Bondarenko, Head of the Glonass International Projects Department, at a conference in Novosibirsk. “The users will be provided with equal service in …

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Altair Capital invests in New York mobile ticketing startup Rukkus

June 2, 2015

Illustrating once again the invest-abroad trend among Russian tech investors, Altair Capital, the fund of Russian serial business angel Igor Ryabenkiy, has invested in New York-based Rukkus. Launched in 2013, this startup offers “the easiest way on mobile to find and buy the perfect concert, sports, or theater ticket.” The amount of the transaction has …

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Russia’s Yota working on dual-screen tablet

February 18, 2016

Russian electronics firm Yota Devices has created a new tablet device, Sergei Chemezov, the head of state technology holding Rostec, told newspaper Vedomosti in an interview published Monday. “We are working on a tablet. I’ve already seen it,” Chemezov said, adding that one of the Yota Tablet’s novel features is the ability to charge a YotaPhone smartphone. Rostec, a massive state conglomerate heavily invested in the …

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Qiwi Venture invests $150,000 in mobile payment app AnyBalance

May 26, 2015

Qiwi Venture, the investment arm of Russian electronic payment giant QIWI Group, has committed itself to invest an estimated $150,000 in Krawlly, as reported by Russian tech blog Firrma. This Russian startup is developing an Android mobile app, christened “AnyBalance,” that displays in one interface the balances of a user’s bank, mobile or ISP accounts. The startups claims …

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The code war: Russia plans to free itself from iOS and Android

January 28, 2016

The cold war may have ended in the 90s but Russia is still fighting to free itself from American influence over its technology sector, with the country’s minister for communications announcing plans to create a new mobile operating system to challenge iOS and Android across all the Brics nations. Meanwhile, another Russian company is designing …

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Mobile operators’ revenues from content services fell by 20% in 2014 due to more restrictive legislation

May 5, 2015

Operators’ revenues from content services in Russia in 2014 decreased by 20% in comparison with the previous year, reaching $950.4 million, according to a report by AC&M-Consulting cited by ComNews. This decrease is a consequence of last year’s amendments to the legislation on communications, which have made access to content more difficult. According the new rules, subscribers’ explicit …

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iTech Capital invests $2 million in Ukrainian-Russian mobile marketing startup Clickky

February 24, 2016

Moscow-based venture fund iTech Capital announced today it has invested $2 million in Clickky. Operating globally from its headquarters in Odessa, this Ukrainian-Russian startup has developed a comprehensive mobile app marketing platform with in-house proprietary technology for user acquisition, traffic monetization and performance analysis. The investment will support Clickky’s expansion into the United States, South-East Asia and other emerging markets, …

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Mail.ru Group grows more slowly throughout the crisis, focuses on mobile and video advertising

February 25, 2016

Yesterday Mail.ru Group, a leading, LSE-listed Russian Internet Group, released its annual report for 2014 and provided the final audited segment financial information for the year ended 31 December 2014 and preliminary revenue update for Q1 2015. The group’s aggregate segment revenue amounted to 35.78 billion rubles in 2014 with EBITDA at 18.3 billion rubles and …

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Russian government endorses import substitution plan for telecom software

February 25, 2016

The Russian Ministry of Telecom and Mass Communications has endorsed its import substitution strategy for software used in Russia, the Ministry website announced earlier this month. The new plan, signed into decree by Minister Nikolai Nikiforov, consists of three blocks, each describing key measures to be taken, timeframes, and implementation stages.

Top tech players and 1,300 visitors from Russia attended Mobile World Congress 2014

April 14, 2015

Earlier this month a variety of Russian companies and more than 1,300 Russian visitors attended Barcelona’s Mobile World Congress. Among the exhibitors were A1 Systems, Jet Infosystems, Peter Services, Protei, Start, Svyazcom, Yandex and Skolkovo. On Day 1, the Vedomosti publishing house organised a Russian breakfast, “Telecom 2015 – investments in new technologies,” which hosted Ms …

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