Mircod was sued; analogues of diabetic drugs began to be supplied to the Russian Federation: the main thing on November 2

Business

• VEB Ventures, owned by the state corporation VEB.RF, filed a lawsuit against Mircod, a startup working in the field of production of devices for the Internet of Things (IoT). The organization is trying to recover more than 73 million rubles for failure to fulfill its obligations.

• The investment company GEM Capital has sold its stake in The Games Fund (TGF) to its managing partners. The financial terms of this transaction were not disclosed. TGF managing partner Ilya Eremeev said The Games Fund and GEM Capital will continue to act as co-investors in future transactions.

• The Russian Henderson raised 3.8 billion rubles during its IPO. The fashion retailer became the first representative of this industry on the Moscow Stock Exchange. As a result of the IPO, the company’s market capitalization at the start of trading will be 27.3 billion rubles. Trading begins on November 2 after 16:00 Moscow time.

• Dmitry Grishin’s foundation, Grishin Robotics, Capitalize VC, M25 and others invested $1 million in mobile mini-game platform Playbite.

• The X5 Group bought stores of the Amba retail chain in the Khabarovsk Territory. The company continues its expansion in the Far East.

• The Hungarian company Gedeon Richter began supplying Russia with three generics of foreign drugs used for type 2 diabetes.
• The founder and former CEO of the Mango insurance company and the Vietnamese search engine Coc Coc, Viktor Lavrenko, decided to make venture investments. His Tryvesting VC partnership is ready to fund tech startups in the amount of between $250,000 and $1 million.
• In spring 2024, updated Adidas chain stores may open in Russia, but it is not yet clear under which brand the stores will operate, Kommersant has learned.

Services and technologies

• The Yango company (an international division of Yandex) launched the Yango Maps navigation service in Dubai with a highly detailed state-of-the-art map. With the service, you can create walking routes for cars and public transportation.

• Tinkoff has created an automatic review response service for businesses. They are generated by a neural network; If you don’t like the review, you can generate another one, as well as edit or add to it.