Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Far Eastern High Technology Fund, Created in 2018, has Decided on its First Investments
11.06.2019 20:05
The Far Eastern High Technology Fund, Created in 2018, has Decided on its First Investments

The Far Eastern High Technology Fund (FEHTF), created in 2018, has decided on its first investments: the fund will invest 75 million roubles in the cloud telephony service for Hotlead business.

      The startup will receive the funds in the form of a convertible loan. In return, FEHTF will receive a 5% share of the company; by 2023, it will grow to 40-49.9%, depending on the financial performance of Hotlead. Besides, SkolkovoVentures that consults Hotlead, will receive 5% of the company.

      The service combines IP telephony, a CRM system, a virtual PBX and marketing analytics. FEHTF plans that by 2023 the company will occupy up to 20-30% of the cloud telephony market in the Far Eastern Federal District and up to 1.5-2% of market throughout Russia. The services of Hotlead are already used by the enterprises of the Far East, the government of the Khabarovsk Territory and the hospitals of South Korea.

      Read More Articles about Russian Economy and Business

Author: Anna Dorozhkina

Tags: Russian business Russian companies Russian startups   

Next Previous

You might also find interesting:

Moscow is Going to Sell 340 Real Estate Items for Small Businesses on Special Conditions
The Access to Government Subsidies has been Simplified
The Vkusvill Chain of Stores is Discussing the Possibility of an IPO
The Russian Ivi Online Cinema has Become Available in the USA, Canada and the UK
Rostech will Support Technology Startups

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Igor Grabar  Russian Pop Music  activity holidays  Sokolniki Park  Russian regions  Russian ballet dancers  Father Frost  Russian opposition  Russian cuisine  Mercedes-Benz Fashion Week Russia  Oleg Tabakov  Festivals in Moscow  Coronary Stent  Baikal  St. Petersburg  Nizhny Novgorod  Dmitry Golberg  dance  Book Exhibitions  Russian exhibitions  the Urals region  FIFA Russia Cities  Pavel Durov   Russian Cinema  Natalya Gorbanevskaya  travel to Russia  Karachay-Cherkessia  The International Museum Day  Rostov-on-Don  Nikita Mikhalkov  particles  Moscow  Russian business  Burial Grounds  Russian cities  Russian society  Hermitage  Russian Musicals  Russian places of interest  Far East  Caricatures  Sestroretsk  Russian tourism  Ballet Festivals  Painting  Red Square  Kvass  Russian oil and gas companies  Prince Yuri Dolgoruky  Exhibitions in Moscow 

Travel Blogs
Top Traveling Sites