Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, has invested in startups Moovit and Boxed. Moovit is an Israeli app which helps users to plan journeys on public transport, and Boxed is a US app for wholesale buyers. Moovit monitors levels of traffic and the schedules of different forms of public transport in …
Whenever you spot someone on the Moscow metro taking a photo with their mobile phone, chances are you have just witnessed a combination of two things that are widely popular in the Russian capital. Transporting an unparalleled 9 million weekday commuters on its 12 lines, Moscow’s metro boasts a number of stations that wouldn’t look out of place as side wings of the Palace of Versailles.
GeoCV, a startup which is developing a mobile app for creating 3D-models of interiors using mobile sensors, has received $100k investment from Starta Capital and the Moscow Seed Fund. Starta Capital provided a third of the funding, with the rest coming from the Moscow Seed Fund. GeoCV will also receive a further $50k from Starta Capital in the …
3D mobile app startup developer GeoCV closes seed funding round Read More
Last week Croice, whose mobile app allows you to create photo stories with a background audio, announced its first round of financing with $500,000 brought in by venture fund Imperious Group. Launched earlier this year by Russian entrepreneur Vadim Zhernov, the St. Petersburg-based startup presents its app as “a new media format.” The photo stories, named …
Croice secures $500,000 from Imperious Group to develop “new format of photo stories” Read More
In line with the global trend, over the next few years the main driver of m-commerce in Russia will be the growing number of tablet and smartphone users. This is the primary thesis of the study “The Russian M-Commerce Market in 2014,” presented by the marketing agency RBC.research and reported by the e-commerce online portal …
Mobile commerce takes off in Russia: Number of shoppers more than doubles in 2014 Read More
Russian mobile operator Yota has become a partner of the Internet Initiatives Development Fund (IIDF, or FRII in Russian), the $200 million fund launched last year to support Russian Internet startups. The company will invest in the fund’s startups, and may also look at acquiring some projects. Startups will also benefit from the company’s support through …
IIDF teams up with mobile operator Yota to support startups Read More
Russians are now using the Internet on their mobile devices more frequently than through conventional computers. According to web statistics service LiveInternet, in November some 51% of Russian Internet users (31.1 million) accessed the web on their mobile devices, both phones and tablets. In October, the figure was 49.9% (29.4 million), with the majority still …
Mobile users become the majority on the Russian Internet Read More
– “Hey there, I’m just calling to wake you up,” I said a little awkwardly. – “Thanks. Where are you from?” replied a female voice with a thick Irish accent. – “The UK. You’re from Ireland, right?” – “How could you tell?” she said wryly. – “The flag at the top of the screen.” It took 9 months to be …
Wakie, the social alarm clock that lets you wake up strangers, finally arrives on iOS Read More
From wearable devices to connected cars and homes, mobile technology is at the heart of worldwide innovation. Mobile devices connect billions of people via the transformative power of the Internet. The 2015 GSMA Mobile World Congress will convene industry leaders, visionaries and innovators to explore the trends that will shape mobile in the years ahead. …
Key Russian players to take part in 2015 GSMA Mobile World Congress Read More
Last week Life.SREDA, the venture arm of Russian finance group Life, announced its investment in mobile bank Rocketbank. The amount of the transaction has not been disclosed, but an unnamed source close to the deal told Russian tech blog Firrma.ru that the fund’s stake in Rocketbank does not exceed 10%. Life, which is made up of seven commercial banks across Russia, …
In the opinion of GeoCV CEO Anton Yakubenko, a graduate of the computer graphics laboratory at Moscow State University, a global 3D revolution is coming. Starting in 2015, smartphones and tablets will have 3D options. GeoCV is creating a mobile application for mobile devices of the future. The idea of the GeoCV mobile app was born when …
Moscow university graduate prepares for “global 3D revolution” Read More
AppInTop, a California-based company founded by Russian serial entrepreneur Nikolay Evdokimov, has secured $6 million in a Series A round from Moscow-based Run Capital. The capital injection will be used for marketing and business development. AppInTop develops a mobile marketing platform that helps companies to “eliminate routine in app promotion” and “make life much easier …
Russia’s Run Capital injects $6 millon in Californian mobile marketing startup AppInTop Read More
