Intel Capital leads $4m financing round for Eruditor
Intel Capital and Runa Capital have invested $4m in Russian e-commerce business Eruditor Group.
Intel provided the majority of the round. The new investment will help the company grow its team and service range.
Company
Eruditor is a Moscow-based e-commerce business, founded in 2006. It provides a platform across different industries, such as health, education and beauty, that allows users to access comprehensive search, reviews and ratings. It is available to professionals and businesses in all major cities in Russia, Ukraine and Kazakhstan.
People
Intel Capital's investment team was led by Maxim Krasnykh. Marcin Hejka is managing director of Intel Capital EMEA. CEO Egor Rudi and CTO Sergey Kuznetsov are co-founders of Eruditor.
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