Twenty of the best startups in Russia were invited yesterday to pitch at the Moscow edition of Seedstars World, a global seed-stage startup competition for emerging markets. Texel was named Russia’s best startup. This Moscow-based company presents its 3D-scanner technology as “a breakthrough in the fields of 3D digitization, automatic eta processing and generation of 3D models …
Earlier this month Sberbank, Russia’s national savings bank, and Uber announced that they signed a Memorandum of Understanding “to explore the co-development of financial technology with global potential.” For example, Uber could use Sberbank’s sophisticated mobile payment technologies to improve the ease with which new Uber users verify their account and pay securely. “Paying for your ride electronically …
Sberbank and Uber agree financial technology partnership Read More
Gill Business Systems (Gillbus), a company that develops inventory distribution systems (IDS) for the bus-transportation industry, has just secured $1 million from Ukrainian fund Chernovetskyi Investment Group (CIG), reported tech blog AIN.UA. Launched in Ukraine in 2010, Gillbus aims to make distribution of tickets for buses “as smooth as tickets for airlines.” According to CIG, the company …
Ukraino-Russian bus-ticket software provider Gillbus secures $1 million from CIG Read More
The Yota mobile operator plans to deliver SIM cards to its Moscow clients by drone, the RBC news agency reported on Wednesday, citing a senior official at Yota and the head of the company that will provide drones for the project. Six light drones rented by Yota from the Copter Express company will deliver up …
This past Monday, September 7, a group of Moscow taxi drivers gathered together for a protest against the app-based, ride-hailing service Uber. Drivers say Uber’s lower fares are a threat to their livelihoods, and demand that the company be investigated and prosecuted for “unfair competitive practices” that violate Russian law. Moscow taxi drivers are also demanding …
Russian taxi companies are seeking the imposition of restrictions on Internet-based taxi providers such as Uber, the Kommersant newspaper reported Monday. Established firms contend that Internet-based dispatchers are deliberately undercutting prices and operating illegally with impunity, according to Kommersant. “Aggregators do not have the same costs as we do: they don’t conduct medical examinations of …
Russian taxi firms lobby for restrictions on Internet services Read More
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 …
Russia, China to equip trucks with Glonass and Beidou Read More
Goldman Sachs invested $8 million in Onetwotrip.com, a Moscow-based startup that sells air tickets and hotel bookings to users from Russia and several European countries. The capital injection was not publicly announced when it took place in late 2014, but it was revealed last week by Russian business daily Kommersant, which cited sources close to …
Report: Goldman Sachs invested $8 million in Russian flight ticket booking site Onetwotrip Read More
Overall, user queries for air tickets rose from 19% to 25%. Travel queries in Moscow are heavily dominated by air ticket queries. Meanwhile, in non-capital regions interest in hotels correlates with interest in package tours. This exclusive Yandex travel market industry report on Russian Air Plane Tickets category provides useful information on a wide range …
Russian air plane tickets market industry report Q1 2015 Read More
Yandex is purchasing Ros.Taxi, a software program for the management of taxis. It allows taxi businesses to take orders, coordinate and lead the work of drivers. Included within the Ros.Taxi brand is a mobile application called Taximeter, which determines the cost of a journey and provides drivers communication with dispatchers. Together with Yandex.Taxi – an …
In California, Ukrainian developers have launched the startup JetMe, a service which allows users to reserve and pay for flights on private jets to any point around the globe. One of the startup’s founders is Yuriy Romanyukha, an associate for Russia-based fund Imperious Group. Almost immediately after the project launched, JetMe obtained $400,000 in funding from this fund …
UberX, the budget version of US-based taxi-hailing service Uber, has arrived in Moscow. Residents of the Russian capital can now travel in an UberX vehicle for just $0.15 per minute / per km, in addition to an initial $1.20 charge. This is significantly less than the $0.40 per minute charge + $5 initial charge to use …
