Mobile & Telecom

Russian mobile advertising startup raises $1 million to go global

February 25, 2013

TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced last week that it has invested $1 million in mobile advertising network Adinch in exchange for a 20% stake. Adinch has developed a “universal self-service mobile advertising platform,” enabling advertisers to organize campaigns on iOS and Android mobile devices and developers to monetize their mobile …

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GLONASS ground monitoring launches in Brazil

November 19, 2014

A GLONASS ground-based control station was launched last week in Brazil, two years after NIS, the Russian national navigation service provider, forged local alliances to promote GLONASS navigation technology in the Latin American market. Russian Prime Minister Dmitry Medvedev found it an important enough event to devote time to seeing the station during his recent …

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Tele2 brings soulmates together

February 14, 2013

Moscow – Tele2, a European mobile operator, has announced a launch of SMS-dating service. The new service lets Tele2 Russia clients find company and get in touch with new friends by sending short messages (SMS). In order to subscribe, Tele2 clients will only have to send a message to short code 684. The message has …

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‘Angry Birds’ to fly across Russia, hatching theme parks and pouring soft drinks

November 19, 2014

Finland’s Rovio, the developer of the popular Angry Birds mobile game series, has unveiled plans to open theme parks across Russia in the next 12 months. Peter Vesterbacka, the head of marketing at Rovio, told the Russian news agency RIA Novosti earlier this week that the Angry Birds amusement parks in Russia will be similar …

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Russian-American startup ‘News360’ honored at Abu Dhabi’s World Summit Award

February 13, 2013

News360, a Russian startup operating from Moscow and Silicon Valley, was honored last week in the mobile content portion of the World Summit Award (WSA). The startup was recognized as having the best M-media and news project among the entrants. News360 offers a set of mobile apps which filter and stream news content based on users’ interests and …

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Mobile Internet used by over 60 million Russians; mobile video use increased 39-fold in 3 years

February 12, 2013

According to a research report by J’son & Partners (J&P), the number of Russian smartphone owners using mobile Internet services on a monthly basis jumped to 22.5 million last year, up 88% from 2011. The number of users connecting to the Internet via tablets grew more than eight-fold, reaching 2.5 million. But even more mobile …

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Game Insight secures $25 million to expand internationally; founder Alisa Chumachenko among world’s top 5 startup women

February 3, 2025

Game Insight, a leading Russian mobile game publisher operating globally, announced last week that it raised $25 million from In Mobile Investment (IMI.VC), a Moscow-based venture fund established in 2011. The financial terms of the deal, which follows several smaller investments from IMI.VC over the past two years, have not been disclosed. “Game Insight has a …

Game Insight secures $25 million to expand internationally; founder Alisa Chumachenko among world’s top 5 startup women Read More

Mobile app’s success reflects the growing popularity of social educational networks in Russia

February 8, 2013

Just weeks after its launch on Jan. 10, an educational app named Znanija has broken into the top-100 downloaded free iOS apps in Russia and become third most popular in the nation’s educational category, according to the App Annie app ranking and intelligence company. The mobile app allows Russian users to access the Znanija.com social educational network, which boasts over …

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MTS to become satellite TV operator?

November 19, 2014

MTS, a leading Russian mobile operator and retailer, is rumored to be eyeing diversification opportunities in the satellite TV business. Unnamed sources with purported knowledge of the firm’s plans leaked to the Russian news agency RIA Novosti that MTS has ostensibly acquired five satellite-mounted transponders and is also issuing tenders seeking 3G-supporting subscriber equipment. China’s …

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Roman Abramovich invests $118 million in British mobile operator

February 4, 2013

UK-based international mobile operator Truphone announced this past Friday it has secured £75 million in a round of funding from investors including Russian billionaire Roman Abramovich. Abramovich’s investment company, Minden, has acquired a 23.3% stake for £70 million ($118 million), valuing the company at £300 million ($473 million).

Microsoft Seed Fund supports regional startup scene

February 1, 2013

Since the beginning of 2013, the Microsoft Seed Fund has provided a total of $110,000 in grants to two startups from Russia’s regions. A $50,000 grant went to RealSpeaker, a startup from Kazan, Tatarstan, which offers a new approach to speech recognition. The company also recently received financing from Startobaza, a local seed-stage investment company, along with …

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Legendary real time Strategy Mushroom Wars makes top 5 on Apple App Store in the US in its first week

January 31, 2013

St. Petersburg, Russia – Released by i-Free Innovations, a leading Russian mobile game and app publisher, on 24 January 2013, Mushroom Wars RTS rocketed to No. 4 of the best-selling iPad apps in the US and No. 5 in Germany in less than a week and #1 Strategy in the US and other countries. The mobile edition …

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