Оpera Software, whose mobile browser stands as the most popular in Russia, is about to launch a paid musical offer designed specifically for the Russian market. Artem Zinoviev, Opera’s Development Director for Russia and the CIS, told the Russian business daily Vedomosti that the new service will be made available for approximately 150 rubles, or …
Last month, Yandex.Dengi (Yandex.Money), the electronic currency division of the Russian search giant Yandex, started testing a smartphone-based bank card payment terminal in Moscow taxis, in partnership with SellbyCell, a specialized solution provider. This new payment method, named ‘Yandex Kassa,’ is available to any Visa or MasterCard card holders, and does not require users to …
Russian Internet, telecom and bank giants experiment with Square-like payment systems Read More
Leading Russian venture fund Almaz Capital announced earlier this week that its portfolio company Vyatta, a Belmont, California-based publisher of software security and networking solutions, has been sold to Brocade, a major provider of network solutions. Almaz had acquired a minority stake in the company – less than 25%, PR Director Anna Goryacheva told East-West …
Investors now have a new instrument to identify and assess startups: the Russian Startup Index (RSI), which was tested for the first time last week at the Open Innovations international forum in Moscow. The index rates each startup with a combination of letters, from “AAA” (most attractive) to “D” (expected to fail), in a way …
New rating helps investors identify Russia’s best startups Read More
Obninsk, a ‘science city’ in the Kaluga region, announced plans to build its own $40 million high tech technopark. The effort will be funded on a roughly 50/50 basis between federal and regional coffers, the Nanoprom.ru portal reported earlier this week. The future technopark will reportedly focus on biotechechnology and pharmaceuticals, nanotechnology, nuclear power technology, …
The Union of Regional Innovation IT and Electronics Clusters has been established in Russia, reports the NanoNewsNet portal. The decision was formally announced on October 31, 2012 on the opening day of the Open Innovation international forum in Moscow. Under the terms of the Union’s Declaration, the new association welcomes regional innovation clusters that manufacture …
Key regional IT and electronics clusters create union Read More
ClipClock, a Russian video sharing startup, announced yesterday a $2.5 million funding by Runa Capital, a Moscow-based venture fund operating internationally. The investment will be used to develop advanced functionalities, increase the startup’s user base, and prepare global expansion.
Russia’s CTC Media and National Media Group have announced the creation of a joint online video resource on the base of the Videomore portal, which was launched by CTC Media in December 2010. Under the terms of the deal, a significant amount of Ren TV and Channel 5 content, including both new releases and library …
CTC Media and National Media Group create joint online video resource Read More
Russia now expects to undertake the transition from analogue to digital broadcasting gradually between 2014-17. At the same time, it may postpone the transition from DVB-T to DVB-T2. The news was given by Viktor Pinchuk, the deputy DG of the Russian Television and Radio Broadcasting Network (RTRS), in a statement published on the company’s website.
Last week, Delivery Hero, a Berlin-based online food ordering company operating in a dozen of countries, and Foodik.ru, announced a merger agreement aiming to “compete for leadership on the Russian market” and “access new international growth opportunities.” The merged company will operate under the Foodik brand, allowing Delivero.ru customers to access Russian restaurants through Foodik’s …
Germany’s Delivery Hero and Russia’s Foodik announce merger Read More
Softline Venture Partners told East-West Digital News that it has just invested $500,000 in Apps4all, a company that carries a community of Russian mobile app developers with a variety of media, event, training, research and advertising activities. The terms of the deal were not disclosed. A $20 million fund, Softline Venture Partners is the venture …
Softline Venture Partners invests in mobile app developer community Read More
In a press conference held last week, Mail.ru Group, an LSE-listed group of Internet companies whose services are used by 90% of Russia’s online users, announced a series of changes and innovations that ranged from improved usability on e-commerce sites to new social marketing tools. The group also announced the introduction of a new international …
Mail.ru Group improves user and marketing tools; new international brand introduced Read More
