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
(Source: https://punkt-a.info/upload/iblock/32b/32b05b7ff72684f9316cd81e885b45ee.jpg)

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:

Business Activity in the Areas of Production and Services Fell Below a Critical Level
11.07.2019
The Skolkovo Foundation Plans to Launch a Program for Start-ups
25.04.2019
A Joint Venture Fund that Will Invest in Projects in the Sphere of Medical and Pharmaceutical Industry will be Created
28.06.2019
10 Startups have Become Finalists of the MTS Corporate Accelerator
16.08.2019
SME in Moscow Received over 27.7 Billion Rubles of Loans with State Guarantee Support in 2018
20.01.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Danila Kozlovsky  Smolensk Region  Sobolkho Lake  Russian sports  Republic of Tatarstan  Russian Cinema  Woodwork  Russian cuisine  Arctic  Orbit  Russian business  investment  St. Petersburg  Russian Bears  Science  Russian oligarchs  Russian tourism  Monuments in Pskov  Higher School of Economics  virtual tour  Exhibitions in Moscow  Moscow elections 2013  Russian banks  Perm  Sberbank  Moscow  travel to Russia  Russian regions  migration in Russia  Adygea  Maria Komissarova  Book Market  Russian directors  Karavaychuk  Mercedes-Benz Fashion Week Russia  business  Russian-Chinese International University  Sheremetyevo Airport  Industrial Tours  The Arctic: Present and Future  Irkutsk  Festivals in Moscow  suitcase  Nagatinsk  Russian Economic School  Volgograd Region  Circle of Light  Kolomna  Fyodor Volkov Award  Tatarstan 


Travel Blogs
Top Traveling Sites