Russian payment company Qiwi has announced its first corporate venturing investment in car classified ads company Carbay.ru, whilst also declaring that its investment scope now covers virtually any field.
Leading Russian payment company Qiwi, which launched an in-house venture activity in early 2013, announced earlier this month its first investment. The group invested in Carbay.ru, a web and mobile service created in May of this year to help professional car dealerships place classifieds on a variety of third-party online resources, including social networks.
“Not only does Carbay seem very interesting to us in its current form, but its approach could be applied to other segments,” said Ksenia…
