About RURU
RURU is a company based in Moscow (Russia) founded in 2011 was acquired by Beeline in March 2019.. RURU operates in a competitive market with competitors including MoneyGram, Papara, QIWI, CarePay and PINbonus, among others.
- Headquarter Moscow, Russia
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Funding Insights of RURU
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RURU
RURU has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Beeline. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based platform for contingent workforce and vendor management is provided.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RURU
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RURU
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ruru Comparisons
Competitors of RURU
RURU operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Papara, QIWI, CarePay and PINbonus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Money transfers and bill payments are enabled via mobile wallet.
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| domain | founded_year | HQ Location |
Consumer payments are enabled via a card-linked wallet app.
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| domain | founded_year | HQ Location |
Offers a mobile wallet for storing and managing loyalty cards.
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| domain | founded_year | HQ Location |
Card-linked wallet services for payments and transfers are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ruru
Frequently Asked Questions about RURU
When was RURU founded?
RURU was founded in 2011.
Where is RURU located?
RURU is headquartered in Moscow, Russia.
What does RURU do?
RURU was founded in 2011 in Moscow, Russia, within the fintech sector. A wallet-enabled solution for transfers and payments is offered to consumers. On-site services are paid for through SMS, payment requests, and similar methods. Money transfers are conducted via mobile phones, with security maintained by internet information security protocols. Operations focus on accessible financial transactions in the region.
Who are RURU's investors?
RURU has 1 investor. Key investors include Beeline.
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