Ilya Korolev

Ilya Korolev has a diverse work experience in various roles and companies. Ilya is currently a Partner at INIT VC since September 2020. Before that, they worked as a Portfolio Director and Investment Manager at the Internet Initiatives Development Fund (IIDF) from October 2013 to March 2017. Ilya also served as a Board Member at Brandquad, Antilatency, Hot-WiFi, Convead, HoloGroup, Combot, and easy ten, each at different time periods. Additionally, they co-founded Dulton Media Limited in 2008, where they held the position of Co-Founder & CPO.

Ilya Korolev pursued their education from 2000 to 2005 at the Academy of National Economy under the Government of the Russian Federation. During this period, they obtained a Master's degree in Computer Technologies in Business.

Location

Yerevan, Armenia

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Internet Initiatives Development Fund (IIDF)

One of the priorities of Internet Initiatives Development Fund (IIDF) is financial and expert support to startups in their early development stages. The Fund also plans to launch a variety of educational programs and to perform a number of legislative initiatives. These steps will help to increase transparency and ensure effective cooperation between entrepreneurs, investors, and state agencies in the field of venture capital investments in Russian IT projects. Internet Initiatives Development Fund will further the development of the necessary infrastructure and conditions that will be conducive to a full-fledged industry of small and medium online businesses in Russia.