International

AccorHotels to hold its first hackathon in Russia

Illustrating the growing interest of domestic and international corporations in tech innovation, AccorHotels will hold a hackathon in Moscow on April 23-24. To organize the event, the global hospitality group has teamed up with international startup accelerator NUMA Moscow and Microsoft. Participants will work in cross-functional teams of minimum three: one developer, one designer and one entrepreneur. …

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Android Auto launches in 18 new countries, including Russia, Brazil and India

Android Auto is now available in 18 new countries, including Russia, Brazil and India, TechCrunch reported earlier today. These countries are among the fastest growing auto markets in the world. The other countries enjoying Google’s in-car operating system include Argentina, Austria, Bolivia, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Guatemala, Panama, Paraguay, Peru, Puerto Rico, Switzerland, Uruguay and Venezuela. …

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Fragrance subscription service ScentBird attracts $2.8 million from US and Russian investors

Last week ScentBird, a New York-based startup founded by Russian émigrés, announced that it secured $2.8 million in venture funding. The investor consortium includes TMT Investments, a London-based fund with Russian connections, Vaizra Investments, the fund belonging to VKontakte founders Lev Leviev and Vyacheslav Mirilashvili, and Scrum Ventures, a US-based fund with interests in Asia, as well as Eclipse Ventures, Ludlow Ventures, and SGH …

Fragrance subscription service ScentBird attracts $2.8 million from US and Russian investors Read More

Russian startups may secure up to €1 million in funding in Gdansk InfoShare conference (application until April 6)

On May 18-20 the  infoShare conference, a major tech and startup event in the CEE region, will celebrate its 10th anniversary on in Gdansk, Poland. Some 5,000 tech professionals, developers, entrepreneurs and innovation leaders from more than 30 countries are expected. A large part of the event will be dedicated to startups with the following features: The …

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Battle for Russia’s IT market: Can local developers stop global giants?

The Russian IT market is currently dominated by imports. The only exception is perhaps the IT services segment, where Russian developers account for about 60-70% of the market. When it comes to systems integration, for example, they have a better understanding of local customer needs and can adapt IT solutions to meet customer demands. As …

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Ethiopian delegation visits Skolkovo to boost science and tech ties with Russia

Last week a delegation of Ethiopian officials visited Skolkovo, the international tech hub under completion on the outskirts of Moscow, as the African country seeks to boost its ties with Russia in the field of science and technology. The delegation, which also visited the Skolkovo Institute of Science and Technology (Skoltech), was headed by Ethiopian Deputy Prime …

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Russia’s GS Group celebrates exit from Cambodian pay TV joint venture

Last week GS Group, an internationally-oriented Russian technology company active in a variety of industries, announced the sale of its controlling stake in Cambodia’s One TV, the leading local pay-DTT company. The Cambodian partner, The Royal Group of Companies, has become the majority shareholder of One TV. Launched in 2012, One TV became “one of the first successful examples worldwide …

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B2B-Center.ru CEO Alexey Degtyarev: “In 2015, Russian online B2B trade volume reached $700 billion”

With a montly trading volume exceeding $1.6 billion in 2015, B2B-Center.ru, a major Russian electronic trading platform, serves more than 260,000 clients from 120 countries. Its CEO Alexey Degtyarev told East-West Digital News about this little-known, but huge market, and the impact of the crisis. He also commented on B2B-Center’s international expansion, following a recent …

B2B-Center.ru CEO Alexey Degtyarev: “In 2015, Russian online B2B trade volume reached $700 billion” Read More

Mail.ru Group vs. ‘World of Tanks:’ A rivalry for the hearts of the world’s video-game nerds

Russia’s Federal Anti-Monopoly Service has begun reviewing an allusion to World War II in an advertisement for the computer game “Armored Warfare: Project Armata,” which the Russian company Mail.Ru Group launched into open beta testing last October. Mail.Ru Group says the complaint submitted to Russian regulators is a scheme by its competitors—an unsubtle jab at the …

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Midemlab music startup contest: A call to Russian startups (application deadline: March 30)

The 10th edition of Midemlab, the leading international music startup competition, will take place on June 3-6, 2016 in Cannes, France, in partnership with East-WestDigital News. This is an opportunity for startups from Russia and other CEE countries to find new business partners, raise funding, gain international visibility and recognition from the industry.

Russia’s Sistema and China’s TUS Holdings to launch $100 million venture fund

Illustrating the growing ties between the two countries in the field of high technologies, AFK Sistema, a Russian LSE-listed conglomerate, is in the process of creating a venture fund in partnership with China’s TUS Holdings. The news was reported earlier this week by Vedomosti, a leading Russian business daily, which referred to an exchange with a Sistema representative. The …

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Samsung has acquired three patents from Russian developers to monitor life parameters

Earlier this month the U.S. Patent & Trademark Office published a patent application from Samsung that reveals that future Samsung portable and mobile devices may be used to monitor various parameters of an object. The patent filing reveals that Samsung acquired three of the patents behind this invention from Russian developers, reports Patently Mobile. Thus Samsung devices …

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