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Skolkovo: One of the Leading Incubators in Russia
... Market — Skolkovo Resident
My company
Open Oil Market
is a resident of Skolkovo and enjoys all tax benefits provided by the center. As a result, we are exempt from corporate income tax, property tax, and VAT on certain goods and services. This allows us to significantly reduce costs and allocate more resources to develop and scale our business. Additionally, resident status gives us access to grants for research and development, helping us accelerate the implementation of innovative solutions in the ...
Fintech in Russia: what is it and examples of companies
... reliable.
The Importance of Fintech for Open Oil Market
Fintech is becoming an integral part of our lives today, and its development opens up wide opportunities for both businesses and users. As an entrepreneur, I see that fintech technologies give us incredible tools to simplify financial transactions and reduce costs. This not only reduces barriers to starting new projects, but also allows people to better manage their money.
For our project, Open Oil Market, fintech also plays a key role. The ...
News on Startups and Venture Investments - Tuesday, June 17, 2025: Fintech Unicorns and IPO Resurgence Revitalize the Market
... who received a $900 million investment offer at an approximate valuation of $10 billion, making it one of the largest venture deals of the year. The massive sums being attracted by AI companies reflect the intensifying global tech race: funds from the US, Europe, and Asia are competing for stakes in the most promising
AI startups
, fearing they might miss out on the next great leader like OpenAI. Consequently, even relatively young teams with breakthrough AI products can now attract hundreds of millions ...
Startup and Venture Investment News - Sunday, August 3, 2025: New IPOs, Record Investments, and M&A Deals
... time, investors are actively supporting other fast-growing segments, leading to the emergence of new unicorns beyond AI. Recent prominent deals include:
Israeli startup Cato Networks (cloud cybersecurity) raised $359 million (valuation ~ $4.8 billion).
US fintech startup Ramp (a service for managing corporate expenses) secured $500 million in investments (capitalization rose to about $22.5 billion).
The Juniper Square platform (US, investment management software for private markets) attracted $130 million ...
VC.RU: "Why the Oil Market Has No Future Without Digitalization"
... we wanted to implement new business solutions in the rather conservative commodities market. Digitalization played a key role in this process.
– Where did you begin?
– First and foremost, we automated internal business processes. This allowed us to move away from manual management. We customized the 1C software to meet our specific needs, making operations across different departments more transparent and efficient. We also enhanced security by developing and automating a system for accrediting ...