Leonid Delitsyn, an analyst at the financial group Finam,

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The fund has already closed one deal and will share details in November, said Ivan Sezonov, a partner at Iskra Ventures. He said that Iskra Ventures Rus will make one or two deals every six months. "This pace is due to the fact that we are carefully getting to know the team and analyzing the development of the argentina whatsapp resourceproduct over three to six months," Ivan Sezonov explained.

The fund will support Russian pre-seed projects that have an MVP and traction confirming the viability of the product. "Projects at early stages are our historical focus, we have accumulated expertise in assessing such projects," said Ivan Sezonov.

The fund invests in projects in the field of urban mobility, technology, e-commerce, VR/AR, video content, streaming, etc. The new fund Iskra Ventures Rus will retain the investment focus of the global fund Iskra Ventures, but will focus on the Russian market. "We are planning further development in Russia, including plans to create the next fund for follow-up investments in startups in which we invest," added Ivan Sezonov.

When asked by a ComNews correspondent what criteria the fund will use to select projects for investment, Ivan Sezonov replied that Iskra Ventures will pay attention to three aspects: product, market and team. "We evaluate the prospects of each component and make a decision: do we believe that this company will be able to show a tenfold increase in valuation," said Ivan Sezonov.

"Quality projects always find funding. Perhaps the situation is even healthier now, because there is no overheating, when an excess of money on the venture market inflates estimates unreasonably, and investments are not made in the best teams and products - only because the topic is "hot", - Ivan Sezonov explained the situation on the venture market. - Now is the time for a more balanced approach, and there is a feeling that the peak of the decline in interest in startups in Russia has passed. Although high interest rates on deposits greatly reduce the interest of business angels in risky investments."

Head of the analytical research department at IVA Partners Dmitry Alexandrov believes that the fund has development prospects: "Relatively small checks can attract many interesting ideas from small teams that are created for specific tasks: monetization is simpler there, the market and risks are sometimes much easier to calculate."

said that the previous wave of popularity of venture funds has passed, and a new one has not yet arrived. However, there is a high probability that venture investing will become popular again, since the domestic IT industry is on the rise.

"Such funds are needed, especially for promising developments, when there is not yet a high demand for the product, but it is expected, for example, in three years," explained Leonid Delitsyn.

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