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Business & Legal Environment

Aug 08, 2016

GoTech invites international startups to secure funding and develop partnerships with Russian players

International startups are invited to take part in GoTech, a major Russian startup contest, to secure investments from such leading funds as Runa Capital and Phystech Ventures

Jul 08, 2016

Rostec to export Russian tech products worldwide with state support

RT-Business Development, a subsidiary of the government-backed tech corporation Rostec, is launching a new company dedicated to the advancement of Russian digital products on the international market

Jul 08, 2016

Rostec to export Russian tech products worldwide with state support

RT-Business Development, a subsidiary of the government-backed tech corporation Rostec, is launching a new company dedicated to the advancement of Russian digital products on the international market

Jun 30, 2016

New Russian fund to support virtual reality projects in Russia, Western and Asian countries

The common investment fund, dubbed ‘VRTech,’ will amount to over 300 million rubles (a little less than $5 million at the current exchange rate).

Jun 29, 2016

Russian parliament passes ‘Google tax law’

Members of the Russian State Duma have approved the third reading of a new bill requiring foreign IT companies to pay value added tax (VAT) on the sale of online content

Jun 04, 2016

Sberbank and FRII team up to launch fintech accelerator

FRII will select projects while Sberbank will provide startups with expertise and funding for pilot projects. The money will come from Sberbank itself and its venture arm SBT Venture Capital, launched in 2012

May 29, 2016

Russian corporations launch giant startup investment programs

Since the beginning of this year, at least six corporate venture funds have been launched or started operations in Russia

May 13, 2016

Alisher Usmanov invests in InPlat to create new payment ecosystem in Russia

Russian billionnaire Alisher Usmanov has invested in a Russian PSP named ‘InPlat‘ via structures affiliated to his holding company USM, acquiring a 35% stake previously owned by investment fund Supremum Capital

Apr 23, 2016

Russian government unveils plans to launch e-commerce export platform

Last week, the Russian government unveiled some key aspects of its plan to launch an e-commerce platform dedicated to exporting Russian goods

Apr 20, 2016

2015: Perhaps the worst—but hopes for recovery are not groundless

RMG Partners, a Russian investment company, is announcing its new analytical report on the status and trends of Russia’s venture market in 2015

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