Russian internet-focused VC firm ru-Net rebrands to RTP Global

Photo by John Schnobrich on Unsplash

ru-Net, the Russian internet-focused early stage investment and venture capital firm, has rebranded to RTP Global to highlight its transformation into a globally-focused VC firm, according to an announcement.

The rebranding also reflects the success of the firm’s US-based arm RTP.vc, that invests in companies creating applied solutions in the financial services and healthcare industries.

Founded by Leonid Boguslavsky, ru-Net pioneered tech investment in Russia in the early 2000s. Among its notable investments were Delivery Hero and Yandex, which are now the largest tech companies in Europe.

The firm has offices in Moscow and New York and is exploring new footprint opportunities.

“Now, just as then, our firm operates on the principles of passion, entrepreneurial approach, and technological edge. Our identity has gradually evolved: we have inevitably become more international. We are excited about what our new name and brand represent,” Boguslavsky said.

RTP Global invests mainly in the consumer internet space and software companies. Its portfolio currently consists of over 50 companies, mainly distributed across the US, India, and the rest of Asia, Europe and Russia.

“As part of our investment selection process, we look for companies and ideas that demonstrate strong growth potential and whose principles resonate with our values,” the company said in a statement.

It will continue to focus on AI, foodtech, healthtech, mediatech (including sport), mobility, transportation, proptech, fintech, and e-commerce. The firm has so far made 10 exits including Delivery Hero, Groupon, and FreeCharge.

“We invest in ideas that resonate with our values and beliefs, and businesses that will make people’s lives better. We actively seek to be inspired by the people we work with and the businesses we support,” RTP Global added.

Also Read:

India: Sequoia-backed food tech startup Faasos raises $30m led by Russia’s ru-Net

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.