Regions & cities

Startup from Tatarstan launches first Russian cloud music storage service

10tracks.ru, Russia’s first cloud music storage site, launched a few days ago, with up to 3 gigabites of storage space available free of charge. Users can listen to their music using a web player or download it onto smartphones or computers to listen to it anywhere. The mobile version is available using an Android application …

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Novosibirsk authorities to attract $1 billion to fund innovation in Akademgorodok

The authorities of the Novosibirsk region in Siberia announced their intention to create a world-class innovation center in Akademgorodok, a major academic and scientific hub. The regional government will invest 10 billion rubles, or approximately $330 million, in the project by 2017, and expects the total investment from various sources to reach as much as …

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Innovative digital TV receiver made in Tomsk

The Elecard Group, a Tomsk, Siberia based provider of software products for audio and video data compression, encoding and transmission, has launched the production of an innovative home multimedia device, RIA Novosti reported last Friday. The new device, named Elecard iTelec, will combine a digital TV receiver with a payment terminal as well as access to e-government …

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Skolkovo woos German startup in Singapore

Taxipedia, a German startup that has developed a mobile app for calling taxis and getting discounted fares, was awarded a Skolkovo Foundation grant last week, reported Tass-Telecom last week. The ceremony was held at the Singapore campus of INSEAD, a top ranking international business school with its main campus in Fontainebleau, France.

Rostelecom, Sitronics and Mastercard issue first bank card with e-government access

Russia’s national telecommunication operator Rostelecom and Bank Saint Petersburg announced last Thursday the issue of their first co-branded bank cards with microchips containing the electronic signature of the cardholder. Certified by the FSB, Russia’s Federal Security Service, the cards are being produced in partnership with Mastercard and Sitronics, the largest producer of microelectronic devices in the …

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Siberian game publisher Questli attracts Swiss and German money

Questli, a startup from Novosibirsk, Siberia, has raised an undisclosed amount from Zurich-based venture capital firm Redalpine and individual investors from Switzerland and Germany, industry blogger Yakov Sadchikov reported yesterday. Questli’s award-winning treasure hunting games combine crowd-sourced quests, location-based services and couponing. Founded by Danila Kozyatnikov in April 2011, the startup initially received CHF 200,000, …

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St. Peterburg startup aims to set a new global standard for online résumés

Created from the ground up less than half a year ago, ResumUp has suddenly assumed a presence on the Russian startup scene. From a “pretty obvious idea” – building infographic résumés using data from social media profiles – ResumUp aims at no less than “setting a new standard in career management, online and social recruiting,” …

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Ecwid completes first venture funding from Runa Capital, announces Silicon Valley, London presence

Mountain View, CA – Ecwid Inc., producer of the world’s first platform-neutral, drop-in store builder widget – which can be easily embedded into any website, blog or social network page in minutes – has announced its Series A round of venture funding and the planned opening of its first United States and United Kingdom offices. Ecwid is based …

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Megafon acquires Internet and cable TV provider in Western Siberia

MegaFon, a major Russian mobile operator, made a further step last Friday towards business diversification and regional expansion by acquiring Yugratel, a broadband Internet and cable TV provider operating in the Khanty-Mansiysk Autonomous District of Western Siberia. Yugratel was sold through an auction sale by the local authorities for 2.4 billion rubles, or approximately $76 …

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Mobile app builder, cloud based data backup solution and e-commerce delivery startup honored at Startup of the Year contest

One of the Russia’s most anticipated nationwide startup contests, Startup of the Year held court with a swarm of young entrepreneurs, concepts and high tech demonstrations last Thursday on the campus of the Moscow Higher School of Economics (HSE). The annual event takes place every December and is organized by HSE business incubator HSE Inc.

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