Today, East-West Digital News is releasing a 316-page research study on the Russian online retail market – one of the fastest growing but least known (and most misunderstood) on the planet. The research – in which PwC in Russia and the Moscow Higher School of Economics, among others, took part – is based on interviews …
International research study sheds full light on Russian e-commerce Read More
Saint Petersburg – IBM (NYSE: IBM) and five leading Russian innovation companies: the Skolkovo Foundation, Rusnano, Rostelecom, RVC and ITFY, have signed a collaboration agreement to help spur a new wave of innovation in Russian technology. The five Russian companies have joined forces to foster a culture of applied research and commercialization and attract key …
IBM collaborates with Russian innovation giants to boost microelectronics industry Read More
IBM and a consortium of leading Russian hi-tech companies and infrastructure organizations have agreed to jointly give a boost to the Russian microelectronics industry, IBM and Skolkovo, one of the consortium members, report. The centerpiece of the new project is the concept of an Electronics Technology Center (ETC) to be set up in Skolkovo, the …
Three state-owned financial organizations – the Russian Venture Company (RVC), Vnesheconombank (VEB) and the Fund of Infrastructure and Educational Programs of Rusnano – have joined with the International Bank for Reconstruction and Development (IBRD) in signing a memorandum of understanding to create an online database for innovative projects across the country, the RIA Novosti agency …
Is Russia becoming a new frontier for US venture capitalists? With local startups and incubators springing up like mushrooms, a number of foreign tech investors have started to operate in the country, which is striving for modernization. Exemplifying the invest in Russia trend is Tiger Global Management, a New York-based international investment management firm. Over …
US venture capitalists go East: Russia’s startups now more appealing Read More
Two deep-pocket, state-owned innovation flagships, the Russian Venture Company (RVC) and Rusnano, and the MICEX-RTS stock exchange have shaken hands on an uncommonly broad-based, private/public partnership designed to aid Russia’s fledgling technology innovators. In a concerted not-for-profit effort called Innovation and Investment Market (IIM), also known as IPO Board, the players are stepping forward to …
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.
Russian Venture Company (RVC), the state-owned fund of funds dedicated to innovation, is looking to invest in US startups through a newly-established office in Boston. RVC-USA presents itself as a “visionary and strategic investor that melds the innovation of US startups with the resources of Russia.” Its possibilities include direct investment in local startups, in particular those …
RVC USA “melds US innovation with the resources of Russia” Read More
Ru-Net, a major Moscow based venture fund, launched the American arm of its activity last month by establishing RTP Ventures, making its $700 million under management available to US Internet, SaaS and cloud computing companies. A few weeks earlier, the fund had participated in a $60 million round of financing – along with German based Rebate Networks …
Russian funds assert themselves on the international venture scene Read More
Russian Venture Company, the state owned fund of funds dedicated to innovation, announced on Wednesday its indirect participation in the $150 million round of financing of WhaleShark Media Inc., a global leader in online coupon sales, through its UK affiliate Institutional Venture Partners XIII (IVP). JP Morgan Asset Management also took part in the round, …
Russian Venture Company takes part in $300 million WhaleShark Media deal Read More
Russian Navigation Technologies (RNT), a leading manufacturer and integrator of fleet management solutions and other telematics systems, is continuing its international expansion. The company is holding buyout talks with several Eastern European firms to enter the regional market, RNT General Manager Ivan Nechaev told CNews.ru, a resource covering the IT and telecom markets.
Russian Venture Company (RVC), the state owned fund of funds dedicated to innovation, announced last week it has been an indirect participant in a $250 million series B financing for Dropbox, a leading US cloud storage startup. The investment was made through Institutional Venture Partners XIII (IVP), a prominent later stage venture capital and growth …
