Connect with us

Hi, what are you looking for?

Jewish Business News

VC, Investments

Russian Billionaire Yuri Milner Invests in Indian Start-ups


Yuri Milner 640x360

Russian investor Yuri Milner is investing $5 million each in Olacabs and, two Indian start-ups. Milner is the co-founder of group. His investment, while mainly through his own funds,  may also involve some secondary sale of existing shares. Bhavish Aggarwal, who worked for Microsoft for two years, founded Olacabs. Advitya Sharma started in 2012, and it is one of the most rapidly growing housing start-ups in India.

These two investments mark Milner’s first investments in Indian start-ups with his own funds. Milner founded DST Funds, which mainly invested in Russian internet start-ups, until Milner started DST Global for international investments. Milner purchased a $200 million stake in Facebook directly in 2009, and through Mail ru, he has shares of Twitter, Zynga, Spotify, Groupon, Zocdoc and Alibaba. Bloomberg magazine rated Milner as one of the 50 most influential people in the world.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.