Tag Archives: Russia

Russia’s Red-Hot E-Commerce Market Will See Explosive Growth In The Next 10 Years

With a skyrocketing number of Internet users, but a still under-developed commercial environment, the opportunity to build phenomenally-successful domestic e-commerce businesses in Russia is huge. Just under half of the Russian population — some 61 million people — were online in Russia in 2012, already the largest online community in Europe and growing rapidly, according

Ostrovok Capitalizing on Russia’s E-Commerce Boom

Russian hotel booking site Ostrovok.ru has raised a new $25 million round from General Catalyst Partners, Frontier Ventures, Accel Partners and other investors, almost tripling the amount the Russian hotel booking site has raised in the past two years.Ostrovok is riding a growing e-commerce wave in Russia that has produced several national champions including Ozon,

Russia’s E-Commerce Boom

In late October KupiVIP, a four-year-old Russian online flash sales site, raised $12 million from MCI Management, a private equity group operating in Central and Eastern Europe, bringing the total amount of capital raised so far to about $140 million.The fast-growing start-up is hoping the injection of massive amounts of capital will help it reach

Data Loss Protection: The Next Frontier

The IT security landscape was a very different place in 1997. Hardly anybody was online and computers were mostly threatened by macro viruses that arrived via infected documents that people shared via floppy disk. Spotting the potential market for software that combated the growing menace of malware, Russia-based Eugene and Natalya Kaspersky founded their eponymous

Top 25 Hottest Russian Start-ups

To identify the most promising Russian Internet companies Informilo asked investors in Moscow, London, New York, Boston and Silicon Valley to nominate and vote on companies outside of their own portfolios. Many of the companies have moved their headquarters to the U.S. but all on the list have Russian roots. Some are well known, others

VCs Are Flocking to Russia

Russia is experiencing a gold rush of sorts, as venture funds from the U.S and Europe attempt to cash in on the largest and fastest-growing Internet market in Europe. Esther Dyson recognized early that innovation was occurring outside Silicon Valley. So, she began nurturing young start-ups in emerging markets, investing in Russia as far back