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Business & Legal Environment

Aug 15, 2017

Russia’s Banks Get Serious About Digital Currencies

With Russia looking to cure its economy of a hydrocarbon addiction, a consortium of the country’s biggest banks is proposing that it explores a different kind of gas for the answer

Aug 04, 2017

Russia’s Finstar to invest $150 million in fintech startups over five years

Russian private equity firm Finstar has announced plans to invest $150 million in fintech startups over the next five years

Aug 01, 2017

French sports retailer Decathlon looks to startups to retain its pole position

A team of talent scouts from the Decathlon Group chain of sports stores met with a range of Skolkovo startups on Monday with a view to adopting their solutions

Jul 04, 2017

Top Russian and Singapore investors inject $8 million in online freight service

Confirming the appeal of the online cargo transportation market, Russian startup Deliver (formerly iCanDeliver) has just announced the completion of a substantial round of funding

Jul 03, 2017

Burger King in Russia to Accept Bitcoin As Payment for its Fast Food

Because of the growing popularity of digital currencies, chains of fast food restaurant "Burger King" in Russia will start accepting bitcoin in 2017

Jun 18, 2017

Russian online travel market reached $11.2 billion in 2016

Transport companies are more successful in expanding their audiences than online travel agencies (OTA)

May 26, 2017

The end of hard cash? Online paying apps on the rise in Russia

Sberbank’s mobile app and contactless payment facilitating rapid payments.

May 26, 2017

UK research tech provider Digital Science opens subsidiary in Russia

Headed by Dr. Igor Osipov, the subsidiary will be responsible for driving growth in Russia and in neighboring countries including Kazakhstan, Belarus, Azerbaijan, Armenia and others

May 10, 2017

Pioneer in Russia’s systems integration backs start-ups in earnest

Lanit Ventures, a $10m VC fund set up last year by Lanit, one of Russia’s oldest systems integrators which has been in business since 1989, is actively supporting start-up teams already

May 08, 2017

University, state and private business team up in joint VC fund

How much each of the partners is bringing into the venture has yet to be specified

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