Fastlane Ventures Secures $13M from Kenges Rakishev

Fastlane Ventures, a Russian Internet investor and operational partner in online businesses, has secured an investment of USD13m from technology investor Kenges Rakishev.

This investment will allow the firm to launch new start-up companies in 2013, to accelerate the growth of a number of its portfolio businesses and to market test selected online business concepts.

Kenges Rakishev, a noted global business leader named by Forbes as one of the 50 most influential people in Kazakhstan, will be joining Fastlane Ventures’ Board of Directors, alongside existing strategic investors VTB Capital, Direct Group and e.ventures. He has already invested in Mobli, a real-time media visual platform, TriPlay, a cloud services company and NetElement, a technology driven group in mobile commerce and payment processing.

Led by Marina Treshchova, CEO and co-founder, Fastlane Ventures provides a combination of capital and expertise to launch and grow internet businesses.

FinSMEs

06/12/2012

Join the discussion