Earlier this month Panasonic opened its R&D center in Skolkovo, the international tech hub under completion on the outskirts of Moscow, following an agreement signed in December 2014. Panasonic thus became the first Japanese company to sign up as a Skolkovo partner. The agreement commits Panasonic to deploying at least 30 workers from its Russian representative office …
As a result of a meeting earlier this month between the Russian minister of telecommunications and mass media Nikolai Nikiforov and Iraqi ambassador Ismail Mukhsin, the two countries are willing to develop ties in the field of telecommunications, information technologies and postal services. Government bodies, private companies, scientific and educational organizations are potentially concerned, according …
Russia and Iraq to develop cooperation in the fields of IT and telecommunications Read More
As Chinese players are making their move into Russia’s booming cross-border e-commerce scene, AliExpress, the B2C platform of Chinese e-commerce giant Alibaba, has become Russia’s most visited e-commerce platform and one of the country’s top 10 most visited websites. This past July, according to TNS, the site attracted no fewer than 15.9 million users of …
KupiVip Holding, the owner of the largest online fashion shopping club in Russia, has raised $38 million in a Series D funding deal led by Intel Capital, with new investment from Acton Capital Partners and the European Bank of Reconstruction and Development. Historic investors Accel Partners and Balderton Capital also participated in the round. KupiVip’s …
KupiVip raises $38 million from leading Western funds Read More
Heverest.ru, a Moscow-based online retailer of sports and recreational equipment launched by Fast Lane Ventures in June 2011, has attracted a new investment of $4.3 million – just three months after securing $1.3 million in financing. The total investment in this startup now comes to $6.7 million. eVenture Capital Partners, the venture arm of the …
Heverest.ru secures new investment – from mystery financiers Read More
Russian Venture Company (RVC), the state-owned fund of funds dedicated to innovation, announced yesterday its cooperation with the Investment and Venture Fund of the Republic of Tatarstan (IVFRT) in the creation of a new international fund of funds. The new fund, named RVC IVFRT LP, will invest in international venture funds focusing on innovative companies.
Moscow residents Andrey and Natalya Lopukhov have been charged with Internet video piracy, with Russian and international copyright owners seeking damages estimated at over 38 billion rubles, or $1.26 billion. The Russian Office of the Prosecutor General ordered the couple to be arraigned in court on criminal charges, the Russian press reported last week.
