Antanas Bakšys
© DELFI / Šarūnas Mažeika

Kaunus start-up SearchNode has been named the most ambitious startup in Lithuania by the global business portal Forbes.

The Kaunas based start-up was accompanied by two more startups from Kaunas Technology University on the list – Inside Warehouse and Copictures, that launched in the KTU Startup Space, have been selected by Forbes as some of the most ambitious in Lithuania.

SearchNode, created by 16-year-old Antanas Bakštys, offers search engines for online shops.The startup has 100 clients in 13 countries four years after launching.

Inside Warehouse, founded by KTU graduates, is a virtual system that partners with other websites, and puts goods into the news flow of the system where it can be bought.

Copictures, created by KTU student Dovydas Navickas, provides a common platform for photographers, media agencies and event organizers. The startup has attracted nearly $200,000 investment and is expanding into international markets.

Donatas Smailys, the head of KTU Startup Space said: “Over 90% investments attracted by Lithuanian startups, in total about €130 million, is foreign capital.”

DELFI

MP's party membership suspended due to internal violations

The opposition conservative Homeland Union – Lithuanian Christian Democrats on Tuesday decided to...

Parliament votes against stripping MP Grazulis of his legal immunity

The Seimas of Lithuania on Tuesday refused to allow prosecuting MP Petras Grazulis in the so-called...

Eight drunken British soldiers detained in resort of Palanga (1)

Eight drunken British soldiers were detained in the Lithuanian seaside resort of Palanga early on...

Nauseda tops Lithuania's approval ratings

President-elect Gitanas Nauseda is the most favored politician in Lithuania, according to the latest...

Government proposes introducing equal university admission criteria

The Lithuanian government on Wednesday put before the country's parliament amendments on setting equal...