"The Russian market is going to get hot," promises Ashish Patel, the managing director for Intel Capital in Europe, the Middle East, and Africa.Tech startups in the Federation are coming of age and starting to attract serious VC funding from the U.S. and Europe.
When Guiseppe Zocco, a founding partner in Index Ventures, a Geneva-based venture capital firm, entered the May 24 board meeting of Ozon, an online e-commerce startup, he felt as if he could have been anywhere in Europe.
The chief executive officer was Swiss, the auditors British, and the lawyers American.
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