The economy of Russia is 9th largest in world, with a nominal GDP of USD 2.133 trillion. Russia economy is dominated by its service sector, comprising 67.8% of the GDP and employing 63% of the labour force.

Russia has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, availability of skilled labour, top-ranked educational institutions. The majority of Russia startups are located in Moscow and Saint Petersburg.

Here is a list of the most promising Russia Tech startups that have also reached significant valuation milestones over the previous few years.

IXcellerate(2012)-- Data center colocation solutions provider. Its solutions are shared racks, custom suites, migration support, and metered power options for each suite. The data center is carrier neutral with redundancy in power, cooling, and connectivity.

Kaspersky(1997)-- Kaspersky is an antivirus and malware prevention solutions provider. It provides antivirus and internet security software that protects against viruses, malware, spam and other threats for businesses and individual users.

Delimobil(2015)--- Delimobil is an online station-based car rental service provider. Their platform allows users to book self-driving cars for rent. Users can leave the car at the designated parking areas post the completion of the trip.

YouDo(2011) is an online and mobile-based platform that lets users find local service providers. Services offered on the platform include courier services, cleaning, home maintenance and repair, moving services, computer support, design, events, etc.

N-Tech Labs (2015)provides an AI platform for facial recognition. Offers FindFace Security that provides intelligent video analytics employing facial recognition technology, and FindFace SDK, that leverages facial recognition on neural networks & provides detection, extraction of biometric template, & verification solutions.

Bookmaker Rating(2011)--- Developer of an online publication about sports betting. It offers a platform that covers topics related to sports betting.