Rostelecom establishes strategic partnership with Russian Internet Initiatives Development Fund

MOSCOW: Rostelecom PJSC and the Internet Initiatives Development Fund (IIDF) are establishing a strategic partnership, launched to develop the Russian venture capital market. Rostelecom will collaborate with IIDF by joining the Fund’s Investment Division charter capital “IIDF Invest” – a shareholder in more than 350 IT start-ups. Rostelecom investments will boost the fund’s portfolio and…