Russia’s RTP Global to focus on India through new fund, plans local office

Kirill Kozhevnikov, Partner, RTP Global

ru-Net, the Russian internet-focused early stage investment and venture capital firm, last year rebranded itself to RTP Global to highlight its transformation into a globally-focused VC firm.

Post the rebranding, the investment firm is also now looking more keenly at the Indian and Southeast Asian market, with a significant portion of its $200-million fund being dedicated to India. The company already has some well-known Indian startups in its portfolio including e-commerce firm Snapdeal, healthcare technology major Practo and foodtech brand Faasos.

To step up its pace of investments in India, RTP Global hired Kirill Kozhevnikov, who previously launched and managed Sistema Asia Fund, a venture vehicle of the Russian Sistema conglomerate, as partner in November last year. The company is now on track to open an office in India over the next few months.

In an interview with DEALSTREETASIA, Kozhevnikov – Partner – RTP Global (ex ru-Net), talks about the company’s strategy and focus on India.

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