VKontakte founder launches Telegram, a new instant messenger service
East-West Digital News Digital Fortress, a US-based software developer with Russian roots, rolled out its inaugural mobile app in mid-August, an English-language instant messenger named Telegram. The app is now available on iTunes. Digital Fortress owner Pavel Durov,...
Skolkovo secures $4 billion state funding until 2020
The Skolkovo Foundation, which manages Russia’s largest state-sponsored innovation hub under construction outside Moscow, will receive another 135.6 billion ruble […]
Russian-US PE fund Russia Partners acquires minority stake in Banki.ru
East-West Digital News A minority stake in Banki.ru, one of the largest B2C banking portals on the Russian-language Internet, has changed hands. Finam Global, a Moscow-based investment fund, sold it earlier this month to Russia Partners Technologies, a high tech...