E-health

Russian sovereign fund RDIF invests in telemedicine platform, targets 100 million potential users

The Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) is investing in a telemedicine platform developed by Digital Medical Services (a subsidiary of state corporations Rostelecom and Rostec) and online consultation provider Doctis.  While Digital Medical Services will provide expert and methodological support to meet public healthcare standards, Doctis will contribute its information system to the joint …

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Sber teams up with pharma major to acquire leading online pharmacy

Sber, the state-controlled financial and tech giant – previously known as Sberbank, – and Russian pharma major R-Pharm, are teaming up to acquire the online pharmacy Eapteka. According to the agreement, each partner will get a 45% stake with 10% being retained by company founder Anton Buzdalin. The amount and details of the transaction, which is still subject …

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Intel-backed telemedicine service protects Russian medical workers from Covid-19

Lanit-Integration (part of the Lanit group) and Intel have developed and implemented a system for remote coordination and protection of medical workers in 39 clinics across Russia (as of August 2020). The technology — initially intended for industrial purposes — is based on ergonomic ‘smart glasses’ equipped with a video camera and a compact screen. …

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Swedish, Malaysian and French investors back Russian startups

Russian startup NaPopravku (“for cure”), an online service for medical appointments, has raised $2.25 million for further domestic expansion and mobile developments, reported industry publication Rusbase.  The investor pool includes the Russian investment holding Avenir, which has a variety of tech companies in its portfolio; the Swedish VC fund VNV, which is renowned for its …

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Digital Horizon invests in African healthcare startup

While the USA and Western Europe are the most usual playing ground for VC funds with Russian connections, there are some exceptions. Digital Horizon, an investment company with offices in London, Moscow and Tel Aviv, announced an investment in Healthlane, an African startup providing healthcare services in Nigeria and Cameroon. Healthlane’s approach combines remote and face-to-face health …

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Top investors to review SaaS startups from Emerging Europe, Finland and Israel (application deadline: Aug. 9)

Flashpoint VC — an international investor previously known as Buran VC — has launched an international startup challenge dedicated to SaaS technologies. The challenge is open to Seed and post-seed companies with an MRR of $10,000-$100,000 and no more than $3 million raised. The targeted segments are AI, DevOps, Remote work & productivity tools, HealthTech and …

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Moscow city’s new app for COVID-19 patients allows police to monitor home quarantine compliance

On April 2, the Moscow Mayor’s Office will launching a mobile app called “Social Monitoring” designed for coronavirus patients with mild symptoms recovering at home. According to the city, there are currently about 550 confirmed COVID-19 patients who are recuperating at home, instead of in a hospital. “This [app] isn’t intended for everyone’s use. I repeat: this is …

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The world’s leading investors call for health and wellness innovators (Paris, March 23)

On March 23, the French capital is to host the world’s leading investors searching for early-stage innovation in health and wellness. Startups from Eastern Europe are welcome to this fast-track cross-border match-making event, which covers such industry segment as digital health, precision medicine, ageing in place, pharma, medical devices and IoT. To date, 40+ investors …

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Skolkovo teams up with global companies to launch healthcare innovation center

Skolkovo, a major international tech hub on the outskirts of Moscow, is planning to launch a center for innovations and IoT in healthcare in the fall of 2019. The center will focus on pivotal issues like reducing mortality rates, combating cancer and chronic diseases, and bringing digital technologies in healthcare in Russia. The priority goal …

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Russian medical insurance startup attracts $3 million for international expansion

Earlier this month Moscow-based startup BestDoctor, which offers high-tech insurance products for individuals and businesses, attracted $3 million in a Series A round of funding.  The round was lead by three international venture firms with Russian roots: Target Global, Ascent and AddVenture. (The two latter already invested in BestDoctor in previous rounds.) A group of business angels also participated …

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Vladimir Gurdus: “Artificial intelligence could well become your future practitioner”

The Russian telemedicine market is expected to grow to some 90 billion rubles (approximately $1.4 billion), or 2.8% of the entire healthcare market, by 2030. As new prospects have been opened by a new legal framework, leading Russian companies and investors – including Mail.Ru Group, RDIF, Sberbank, Skolkovo and Yandex, to name just a few …

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Sistema Asia injects additional capital in Indian fitness startup HealthifyMe

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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