167 An electric scooter service just became the only company to pull off an initial public offering in Russia this year. Whoosh, which made its debut on Wednesday, said that it had raised 2.1 billion rubles ($32.6 million) through the listing, giving it a valuation of 20.6 billion rubles ($320 million). “In four years, we have gone from a startup to the leader of the Russian [scooter sharing] market, making electric scooter travel a familiar mode of transport,” Whoosh CEO Dmitry Chuiko said in a statement. You Might Be Interested In Tech layoffs at Silicon Valley offer hiring boon for startups Luxembourg Aims to Rival Paris and Brussels in Startup Rankings Within Two Years Oman ranked among top 10 MENA nations for startups ISRO and Microsoft join hands to give Indian space tech ecosystem a boost upGrad invests 3.6M USD to set up TuringMinds Ghana Enterprise Agency Highlights Challenges Faced by MSMEs and Calls for Support
