The social network “Rossgram” announced that it is looking for private investors and promises a yield of 850-950% over three years. According to the founders of the social network Alexander Zobov and Kirill Filimonov, this year it is planned to raise 250 million rubles, this money will be used to develop the product, work with bloggers, attract users, and so on.
At the same time, the social network available only in the RuStore store, there are no customers in the AppStore and Google Play. Functionally, the social network is similar to Instagram*.
Note that even the currently available version of the mobile client is a beta, designed for a limited number of users. At the moment, the developers intend to calculate the application loads, infrastructure costs and the economic component of the project.
According to RBC, the main legal entity of Rossgram is IT History LLC, which was registered in April 2022 with an authorized capital of 10 thousand rubles and belongs to Kirill Filimonov.
At the same time, Rossgram’s revenue in 2022 amounted to 20 million rubles, according to Alexander Zobov. This year, revenues of 120-150 million rubles are planned, and in 5 years this amount will grow to 2.5 billion rubles. Capitalization in the next 3 years may exceed 4 billion rubles. However, you need to understand that these are only planned figures.
At the moment, the minimum investment amount is 2.5 million rubles, and state funds are not involved. The application itself is currently running in a closed mode and has 25,000 users, and more than a million users have pre-registered.
*Instagram – owned by Meta Platforms, which was recognized as an extremist organization; blocked in Russia