The postal service is exploring the possibility of either putting together a dedicated investment vehicle or investing in other venture funds.
Russia’s national postal service, Russian Post, is considering forming a corporate venture capital fund, Vedomosti has reported.
The company is seeking an adviser to help it form an open innovation strategy and ascertain the feasibility of either establishing its own dedicated vehicle or investing in external VC funds, in a bid to access new technologies.
The move is intended to help Russian Post digitise an operation with 350,000 employees that oversees more than 40,000 local branches across the country.
Russian…
