Rambler&Co became strategic partner of the Internet Initiatives Development Fund (IIDF)
The Internet Initiatives Development Fund (IIDF) and a group of companies Rambler&Co announced the beginning of a joint acceleration program oriented on B2C-projects in the field of media, travel and e-commerce and b2b-projects in the field of advertising and financial technologies.
Qualified startup teams will receive an investment of 1.4 million rubles from the IIDF, as well as a full program of acceleration calculated for three months. Rambler&Co will provides projects consulting support, as well as access to its sources for the product tests. Also by the end of acceleration Rambler&Co is ready to become a strategic partner for interesting companies and projects.
«After the acceleration we are ready to consider projects for investment, ready to implement projects within our group of companies or discuss commercial partnerships with startups. We are interested in all technology startups in key areas of Rambler&Co’s interests: news and analysis, lifestyle, e-commerce (from FMCG to cars and houses), travel, music and such areas as mobile and video. Projects must address the present human problems on the Internet, and also connect the internet and real life. Rambler&Co is going to work with startups not for the first time, and through this partnership we intend to strengthen our presence in the field of innovation», – said Dmitry Malov, Executive Director of Rambler&Сo.
«Enrollment to our joint accelerator will begin on November 12, 2014, and the start of the accelerator itself is scheduled for February 2015. I think that the joint accelerator of the IIDF and Rambler&Co will be a perfect runway for many internet projects», – said Kirill Varlamov, Director of the IIDF.