Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, has invested in startups Moovit and Boxed. Moovit is an Israeli app which helps users to plan journeys on public transport, and Boxed is a US app for wholesale buyers.
Moovit monitors levels of traffic and the schedules of different forms of public transport in order to help users plan the most efficient route. It received $50 million from a group of funds, which also included Sequoia Capital, Nokia Growth Partners, BMW i Ventures, Keolis, Bernard Arnault Group, BRM Capital and Gemini Partners.
The app is currently used in over 400 cities across 40 countries, including Moscow and St Petersburg. Including the current deal, it has received over $81.5 million in investment since it was first launched in 2011, and is now valued at $450 million.
Boxed received $25 million in series B investment, with DST Global founder Yuri Milner also participating in the round, as well as GGV Capital, Founders Fund and AME Cloud Ventures.Boxed has now received a total of $33 million in investment, with the latest funds going towards increasing its range of products.
Source: Firrma.ru
