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Startup and Venture Investment News - August 7, 2025: Mega Funds, AI, and Successful IPOs

... attracting significant investments. Such geographical expansion of venture capital heightens competition for promising startups worldwide. Russia and the CIS: Local Focus Amid Global Trends In Russia and neighboring countries, steps are being taken to develop their own startup ecosystems with an eye on global trends. The state and businesses are launching new funds and support programs to stimulate technological projects in the region. At the St. Petersburg International Economic Forum 2025, the PSB Bank venture fund was announced with partners (volume ~12 billion rubles) to finance dual-purpose projects (drones, AI, robotics, etc.). A state fund, Qazaqstan Venture Group, valued at $1 billion, has been established in ...

BMW and Mercedes Could Return to Russia: What It Means for the Market and Investors?

... restoration of the dealer network and services, and balance the supply structure within the market. However, significant political and economic risks remain that investors should consider. Sergey Tereshkin, CEO of the Open Oil Market marketplace for oil products ... ... move could be beneficial for all parties involved." Investors considering the automotive sector should closely monitor developments and assess the opportunities for investment in this promising market.

How is Open Oil Market changing the approach to buying fuel?

... Direct interaction between buyers and suppliers allows you to reduce overhead costs and make the fuel purchase process more economical. Intermediaries usually add additional commissions and fees to the transaction cost, which makes the purchase more ... ... while maintaining the quality and reliability of supplies. Ecosystem for business: expanding opportunities Open Oil Market is developing as a full-fledged ecosystem for companies engaged in fuel procurement. The platform not only provides opportunities ...

What Tax Incentives are Available for Entrepreneurs and Investors in Russia?

... corporate income tax rates. For IT companies meeting certain criteria (such as having accreditation from the Ministry of Digital Development), the corporate income tax rate can be reduced to 3%. There are also exemptions for VAT and property tax. Discounted ... ... companies, the insurance premium rate is 7.6% instead of the standard 30%. Incentives for residents of technoparks and special economic zones. Companies operating in such zones can expect exemptions from property tax and land tax, as well as reduced corporate ...

Oil Flood of Russian Railways: Tank Cargo Owners Gain Government Support in the Battle for Priority Access to Railroads

... supporting businesses." This measure will enable "prompt responses" to emerging situations and help "mitigate economic impacts" for railway companies. But what lies behind this bureaucratic phrasing, and how will the industry react?... ... Association of Private Railway Carriers, told Vgudok. "Most likely, the new rules have not taken effect because they were developed too quickly, rushed through consultations with market participants, and launched by the government without addressing ...