Ukraine Digital News - Ukraine Digital News

“The IT industry is developing more actively than ever,” says Dutch businessman in Ukraine

November 3, 2015

To explore the market opportunities and business potential of Ukrainian regions, the Embassy of the Netherlands has organized a series of trade missions to a number of Ukrainian cities, including Lutsk, Lviv (Lvov), Kharkiv (Kharkov) and Dnipropetrovsk (Dnepropetrovsk). The most recent trade mission took place on October 12–14 in Dnipropetrovsk, which is the fastest growing region in Ukraine and …

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Ukrainian grocery delivery service enters US market

October 30, 2015

Earlier this week Zakaz.ua, Ukraine’s leading online grocery delivery operator, launched its service in Boston, USA, under the CartFresh brand. Russo’s, a family-run market known for its fresh fruits and vegetables and cheese selection, has teamed up with the startup to expand its customer base, reports Beta Boston. The Ukrainian startup landed in Boston several months ago as a participant …

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Software developer Innovecs accepts payments in bitcoins

October 30, 2015

Innovecs, a Ukrainian-American software development company, now accepts payments in bitcoins via the BitPay platform, reports tech blog AIN.UA. The platform will automatically convert US dollar amounts into bitcoins. The corresponding invoice is sent to the client along with a QR code including the payment details. The bitcoins are transferred to Innovecs’s account and then converted into …

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Nearly 100,000 Ukrainians work in IT, says report

October 29, 2015

How many IT specialists work in Ukraine, where do they live, and how much do they earn? In which positions and which types of companies do they work? What is their level of English? Which developer are most in-demand in the labor market and why do junior specialists struggle to find their first job? These …

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2,000 TMT professionals from across Europe gathered in Kyiv to discuss industry issues and prospects

October 27, 2015

Earlier this month, TIM Ukraine 2015: Telecom, IT, Media, a two-day international conference, expo and meetup, was held at the exhibition center Acco International in Kyiv (Kiev). The event brought together 2,000 industry professionals (top managers, owners, investors, CTOs and CIOs) from 117 companies representing 9 countries. These included Belarus, France, Germany, Georgia, Israel, Luxembourg, …

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Russia-connected cyber-espionage group targets MH17 investigation team

October 23, 2015

Pawn Storm, a cyber-espionage group believed to have ties with the Russian government, targeted the international investigation team of the MH17 plane crash, cybersecurity firm Trend Micro asserts in a report released yesterday. “We believe that a coordinated attack from several sides was launched to get unauthorized access to sensitive material of the investigation conducted by Dutch, Malaysian, Australian, Belgian, …

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Tech projects from Kyiv Polytechnic Institute attract record funding

October 21, 2015

Last week Kyiv (Kiev) Polytechnic Institute (KPI) hosted the final of Sikorsky Challenge 2015, a contest that attracted innovative projects working in the startup incubator and the science park at the institute. Out of 184 applicants, 34 projects were selected as finalists. Investors showed interest in many of the finalists, announcing their intention to invest $26 million in total in …

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Kyiv event to highlight key e-commerce trends and industry issues

October 15, 2015

As many local and international online retailers still report significant growth in Ukraine – regardless of the economic turmoil – the Ukrainian E-Commerce Congress will attract top representatives of hundreds of Ukrainian online and offline businesses, as well as service providers and industry experts. The event will take place in the Ukrainian capital on Oct. …

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Email marketing service TriggMine secures $300,000, plans to enter US and European markets

October 13, 2015

Last week TriggMine, a Kyiv (Kiev)-based startup which has developed a triggered email marketing solution, raised $300,000 from an undisclosed individual investor. TriggMine’s triggered emails are intended for e-commerce sites to increase conversion, and recover abandoned carts. The company also offers a variety of email templates and real-time analytics to enhance emailing activity.

WannaBiz, Ukraine’s last significant startup incubator, stops activity to focus on venture investment

October 12, 2015

Last month WannaBiz, a startup incubator based in Odesa (Odessa) in southern Ukraine, announced its transformation into a venture fund, setting the goal of raising from $5 million to $10 million from individual investors. “We’re not completely stopping incubation activity, but our main focus will be on investment,” WannaBiz Managing Partner Vadim Rogovsky said in …

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Indian food delivery service Inner Chef secures $1.7 million from Ukrainian, Russian and local investors

October 7, 2015

Inner Chef, an Indian adaptation of the US service Blue Apron, has raised $1.7 million from Kyiv (Kiev), Ukraine-based fund TA Ventures and several business angels. These include Boris Ryabov, managing partner of Russia-based venture fund Bright Capital, as well as Indian entrepreneurs Phanindra Sama, Vijay Shekhar Sharma, Anupam Mittal Vishal Gondal and others.

Yell.ru acquires Ukrainian-Russian startup YouScan

October 7, 2015

Local search and user review service Yell.ru has acquired a controlling stake in Ukraino-Russian startup YouScan by buying the shares of the previous investors, while the founding team retained a minority stake. No further details of the transaction were disclosed. Yell also announced that it will invest $1 million in the company’s further development.