Eastern Europe / Tech

Russia's Yandex internet major could start virtual mobile operator

bne IntelliNews January 10, 2020

Russia's most valuable digital company Yandex is considering launching its own mobile virtual network operator (MVNO), Kommersant daily reported on January 9 citing unnamed market sources.

Russian messenger service Telegram warns consumers not to be scammed by offers to buy the Gram token now

bne IntelliNews January 7, 2020

Fake websites have been offering "presale" of the Gram cryptocurrency that will run on the highly anticipated TON blockchain platform Telegram is in the middle of building.

Altair Capital targets $200mn to launch third fund targeting Russian-speaking countries

EWDN in Moscow December 19, 2019

Igor Ryabenkiy, the founder of VC firm Altair Capital, announced plans to launch a third, $200mn fund. Three quarters of this amount have already been committed by five unnamed investors, Ryabenkiy claimed in an interview with Inc. Russia, reports Ea

Online appointment platform YClients secures $10mn from major Russian investors

EWDN in Moscow December 19, 2019

Elbrus Capital and Guard Capital have invested $10mn in YClients, a Russian online appointment and automation platform, in exchange for a minority stake, reports East-West Digital News (EWDN).