Search Results for: ru-net

Sistema Asia injects additional capital in Indian fitness startup HealthifyMe

November 22, 2018

Just nine months after the completion of a $12 million Series B round, HealthifyMe, a leading e-health and fitness platform in India, has raised an additional $6 million as an extension of that round. As reported by the Indian media, the round has involved Sistema Asia Capital, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, …

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Ru-Net rebrands to RTP Global, launches new $200 million fund with a focus on India

November 19, 2018

In late October Ru-Net, one of the most established Russian tech funds, announced its rebranding to ‘RTP Global.’ The move was presented as “reflecting the success of [its] US-based arm RTP.VC and [its] evolution to a globally focused venture capital firm.” Ru-Net was founded in 1999 by Russian billionaire Leonid Boguslavsky, a software engineer in Soviet times who later …

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Two major deals in two months: Indian food delivery startups woo Russian VC billionaires

August 3, 2018

Indian startup Faaso’s has just secured $15 million from an investor consortium that includes Sistema Asia Fund, one of the corporate venturing vehicles of the Russian conglomerate AFK Sistema, Ru-Net, an international fund led by Russian venture magnate Leonid Boguslavsky, as well as Sequoia Capital India, Lightbox and Evolvence India. The news was reported this morning by …

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Russian cinema goes crypto

June 11, 2018

Konstantin Khabensky, a famous Russian actor and director, has teamed up with Ilya Zibarev, the ex-chairman of the bank Russian standard, and Nick Evdokimov, the founder of ICOBox, an ICO suport service provider, to launch Cinematix. The news was reported last week by Russian business daily Kommersant. Touted as “the world’s first platform for mass-producing ICOs for …

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eSports startup Learn 2 Play agrees up to $3 million investment plan with VCs and angels

April 26, 2018

Confirming the appeal of eSports projects, Russian startup Learn 2 Play announced earlier this week that it raised nearly $1.1 million from a pool of venture funds and business angels. These investors, who have received a minority stake, include VC funds Buran and ru-Net, Anton Inshutin (InVentures Partners), Jarom Severson (Chess.com), Erik Allebest (Chess.com) and Lev …

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Russian conglomerate Sistema announces new vehicle to support Indian startups

August 22, 2017

The Russian conglomerate AFK Sistema intends to deepen its engagement with Indian startups with a wholly-owned subsidiary, ‘Sistema India,’ to be launched until the end of this year, the Russian and Indian media have reported. Operating through the Scalerator platform, which is affiliated with Sistema’s existing interests in India, Sistema India will provide hands-on business execution …

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Russia’s Sistema Asia Fund leads $6 million round for Indian fashion discovery app

February 13, 2017

Russia’s Sistema Asia Fund has just led a $6 million round of financing  for Wooplr Technologies Pvt. Ltd, which runs an eponymous fashion discovery app for women. The news was reported on Monday by Vedomosti, a leading Russian business daily, based on exchanges with a fund representative. An unnamed source close to the fund added that Sistema …

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Ru-Net invests in Indian e-medicine startup Practo

January 23, 2017

Ru-Net, an international venture fund with Russian roots, has just participated in a $55 million Series D funding round for  Practo, an Indian startup that helps consumers locate doctors and healthcare information. As reported by TechCrunch, the investment was led by Tencent, the Chinese company which led Practo’s previous $90 million round last year. Also participating in the deal were RSI …

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Alibaba to develop logistic services in Russia

December 6, 2016

Cainiao, the logistics arm of Chinese e-commerce giant Alibaba Group, intends to launch its services in Russia, the business daily Kommersant reported today. The move will support the development of the group’s e-commerce activities in Russia. With almost 22 million monthly web users in Russia, Alibaba’s B2C marketplace, Aliexpress, is the leading e-commerce player in the …

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Russian fund Pulsar Venture Capital opens representative office in Ireland

November 16, 2016

Yesterday Pulsar Venture Capital, an early-stage investment fund from Kazan, Russia, announced the opening of a representative office in Dublin. Pulsar sees Ireland as “one of the best international platforms for scaling business in Europe” through “the engagement of top technological companies and international investors,” said Pulsar’s CEO Pavel Korolev. The Dublin representative office will also work on technology transfers, …

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Russian VC Leonid Boguslavsky keeps supporting portfolio companies across the world, but is cautious about entering new markets

November 7, 2016

Exemplifying the globalization of Russian venture capital, Ru-Net has made a variety of investments in the USA, Europe and Asia, mostly in the field of e-commerce. While continuing to support its portfolio companies, the fund does not intend to enter new markets, said its founder Leonid Boguslavsky, a figure of the Russian venture scene, in a recent interview with the …

Russian VC Leonid Boguslavsky keeps supporting portfolio companies across the world, but is cautious about entering new markets Read More

Moscow accelerator GVA introduces Indian startups to the Russian market as the two countries bolster business ties

September 16, 2016

Global Venture Alliance (GVA), a Moscow-headquartered provider of business services, training programs and seed funding for startups, has teamed up with the Society for Innovation and Entrepreneurship (SINE), a major tech business incubator based in Mumbai, to launch the ‘India-Russia Bridge for Innovations’ (IRBI). As reported by BW Disrupt, an Indian online publication, the IRBI program enjoys the financial …

Moscow accelerator GVA introduces Indian startups to the Russian market as the two countries bolster business ties Read More

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