MainMarket in Brief

MTS

Airo service raised $790 thousand from MTS for development

January 29, 2021, 18:00 (UTC+3)|
326

Airo service raised 60 million rubles (equivalent to $790 thousand) from the MTS venture fund in exchange for a 10% stake in the project.

Investments will be directed to marketing activities, refinement of current services and testing of new directions. MTS is already an investor in the YouDo services marketplace. The deal with Airo is expected to increase the company's presence in the consumer services market.

MTS notes that in the future, the business model of a startup may have high margins, and the company itself will claim a leading position in its segment.

Original (in Russian)

Subject:

#investments

Companies:

#MTS#Airo

Share:

Learn more about Moscow IT Market by subscribing to our newsletters

By clicking the button you agree to Privacy Policy

Unless otherwise stated, the content is available under Creative Commons BY 4.0 license

Supported by the Moscow Government