Undeterred by Crimea, Western investors are still in the game for Russian startup deals

Launched in 2008 by Stanford graduates Maxim Faldin and Kamil Kurmakaev, Wikimart had the initial ambition of creating a Russian analog of eBay. Heavily funded by major U.S. investment funds, the startup has now become a major marketplace offering its own products alongside nearly 2 million items from 1,500 third-party merchants.