VEON Ltd. is a global telecommunications company headquartered in Amsterdam, Netherlands, that provides mobile and fixed-line services across various countries, including Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The company offers a wide range of voice and data telecommunication services, including mobile internet, multimedia messaging, national and international roaming, and various value-added services. It operates under well-known brands such as Beeline, Kyivstar, Jazz, Djezzy, and banglalink, serving approximately 212 million customers. VEON focuses on leveraging technology to deliver connectivity and digital services, thereby empowering individuals and fostering economic growth in the regions it serves. The company was founded in 1992 and underwent a rebranding from VimpelCom Ltd. to VEON Ltd. in 2017.
GOSU Data Lab
Acquisition in 2021
GOSU Data Lab is an artificial intelligence-based platform that focuses on enhancing the performance of esports athletes and multiplayer online gamers. Founded in 2017 and headquartered in Moscow, Russia, the company utilizes machine learning algorithms to analyze gaming data, providing users with tools for post-match analysis and pre-match preparation. GOSU Data Lab's platform offers training simulators designed to help players learn from their mistakes, alongside detailed match analyses and personalized recommendations. By integrating insights from data scientists, professional gamers, and engineers, GOSU Data Lab aims to improve gaming strategies and analytics for both individual players and gaming companies.
Eruditor Group
Debt Financing in 2021
Eruditor Group is an online marketplace established in 2005 and headquartered in Moscow, Russia. The company operates various search portals that connect customers with a diverse range of professional service providers, including private tutors, sports coaches, beauty specialists, driving instructors, artists, musicians, photographers, and healthcare professionals. Eruditor Group manages multiple brands, such as Infodoctor, Kracemasters, and Vash Repetitor, facilitating access to services across major cities in Russia, Ukraine, and Kazakhstan. Through its platforms, the company caters to the growing demand for freelance and professional services in sectors like healthcare, beauty, sports, and education.
Muzlab
Acquisition in 2021
Muzlab is an audio streaming service provider based in Saint Petersburg, Russia, founded in 2016. The company offers an online platform designed to enhance sales and brand recognition for businesses through music. Its service features ready-made playlists, the capability to generate request sheets, and options to embed advertising units. Muzlab's platform also enables users to remotely control music at points of sale and automates royalty management, streamlining the process for its clients.
Evotor
Acquisition in 2020
Evotor, LLC, founded in 2016 and based in Moscow, Russia, specializes in designing and developing smart point-of-sale (POS) devices and software. The company focuses on providing solutions for small businesses and microenterprises, offering an online cash register that includes an Android platform tailored for various sectors such as courier services, online stores, shops with home delivery, passenger transportation, and itinerant retail. As of December 2020, Evotor operates as a subsidiary of Sberbank of Russia.
Instamart
Acquisition in 2020
Instamart, incorporated in 2013 and based in Moscow, Russia, operates an online platform that facilitates same-day grocery delivery from offline retail outlets. The company, which was rebranded as SberMarket after joining O2O Holding in 2019, has established itself as the leading e-grocery provider in Russia. It offers consumers and businesses a convenient shopping experience through both its website and mobile application, enabling services such as same-day delivery and click-and-collect. Instamart utilizes a proprietary technology platform that connects retailers, producers, and customers, streamlining the grocery shopping process.
Sber Eapteka
Acquisition in 2020
SBER EAPTEKA is a prominent online pharmacy based in Moscow, Russia. Established in 2000, it specializes in delivering a wide range of healthcare products, including medicines, soaps, pharmaceuticals, hygiene products, and lenses, directly to customers across Moscow. The company operates one of the largest online pharmacies in Russia, offering over 50,000 products. SBER EAPTEKA features an advanced reference system for automated searches of both rare and common medications, ensuring efficient access to a comprehensive selection of healthcare items.
YooMoney
Acquisition in 2020
YooMoney, formerly known as Yandex.Money, is a prominent electronic payment service based in Moscow, Russia, established in 2002. The company specializes in providing a range of online payment solutions, enabling users to pay for various services, including utilities, mobile services, and online purchases. YooMoney supports diverse payment methods popular in Russia, such as mobile billing, credit cards, cash payments at numerous acceptance points, and e-wallet transactions. Additionally, it offers business solutions for money transfers and payment acceptance, catering to freelancers, small enterprises, and larger merchants. The company aims to enhance commercial efficiency online by creating a versatile payment environment that connects consumers and businesses. YooMoney partners with various entities, including banks, telecom providers, online retailers, and service providers, to facilitate seamless payment experiences. As of 2013, YooMoney operates as a subsidiary of Sberbank of Russia.
YooMoney
Secondary Market in 2020
YooMoney, formerly known as Yandex.Money, is a prominent electronic payment service based in Moscow, Russia, established in 2002. The company specializes in providing a range of online payment solutions, enabling users to pay for various services, including utilities, mobile services, and online purchases. YooMoney supports diverse payment methods popular in Russia, such as mobile billing, credit cards, cash payments at numerous acceptance points, and e-wallet transactions. Additionally, it offers business solutions for money transfers and payment acceptance, catering to freelancers, small enterprises, and larger merchants. The company aims to enhance commercial efficiency online by creating a versatile payment environment that connects consumers and businesses. YooMoney partners with various entities, including banks, telecom providers, online retailers, and service providers, to facilitate seamless payment experiences. As of 2013, YooMoney operates as a subsidiary of Sberbank of Russia.
2GIS is an international technology company that develops services for a comfortable life in the city. 2GIS’s mission is to help people to live in the city. One of the ten most expensive companies of the Russian Internet according to Forbes (2018). The main product of the company is the city information service 2GIS that brings together map, navigator and business directory and has over 42 million monthly active users. The service covers more than 350 cities in 9 countries. 2GIS is available for free on 2gis.com and in the mobile applications for iOS, Android.
Samokat
Acquisition in 2020
Samokat is an e-grocery service based in Saint Petersburg, Russia, that specializes in rapid product delivery. Incorporated in 2013, the company utilizes its own distribution network of micro-warehouses strategically located close to customers to ensure delivery within 15 minutes. Samokat offers a wide range of products, including groceries, household goods, and cosmetics, through its user-friendly application available on both the App Store and Google Play. By leveraging an efficient delivery model, the company aims to provide free and prompt service, setting itself apart in the competitive online grocery market.
Instamart
Series D in 2020
Instamart, incorporated in 2013 and based in Moscow, Russia, operates an online platform that facilitates same-day grocery delivery from offline retail outlets. The company, which was rebranded as SberMarket after joining O2O Holding in 2019, has established itself as the leading e-grocery provider in Russia. It offers consumers and businesses a convenient shopping experience through both its website and mobile application, enabling services such as same-day delivery and click-and-collect. Instamart utilizes a proprietary technology platform that connects retailers, producers, and customers, streamlining the grocery shopping process.
Passteam
Pre Seed Round in 2020
Passteam is a provider of electronic card services operating in Russia and the CIS, specializing in loyalty program solutions. The company utilizes Passbook technology to enhance business-customer interactions, offering a straightforward and cost-effective method for businesses to implement digital coupons and loyalty cards. Passteam's services enable the customization of card appearances, management of card information, and the ability to send push notifications to customers. This allows businesses to facilitate easy participation in loyalty programs while keeping customers informed about store updates, card balances, and special offers. Through its innovative approach, Passteam helps businesses enhance customer engagement and streamline loyalty initiatives.
VK (ex. Mail.Ru Group)
Post in 2019
Mail.ru Group, founded by Yuri Milner, is the largest Internet company in the Russian-speaking world and one of the largest in Russia. It operates popular social networking sites, instant messaging networks, email services, online games, and internet portals in Russia. The company also holds strategic equity stakes in various companies, including vKontakte and QIWI. Additionally, Mail.ru Group has minority stakes in global companies like Facebook, Zynga, and Groupon. With a diverse portfolio of internet services and investments, Mail.ru Group plays a significant role in the digital landscape of Russia and beyond.
Rambler Media
Acquisition in 2019
Rambler Media is a diversified Russian language internet media and services group based in Moscow. It operates several prominent online platforms, including the search engine and homepage Rambler.ru, the online newspaper Lenta.ru, and the product comparison site Price.ru. The company also runs the internet catalogue and navigation system Top 100, the instant messaging service Rambler-ICQ, and the digital advertising agency Index20, along with the contextual advertising company Begun. Rambler Media provides a variety of services such as news, horoscopes, and email, catering to a global audience. In April 2008, its websites attracted over 40 million unique users, generating more than two billion page views.
Speech Technology Center
Acquisition in 2019
Speech Technology Center Limited is a developer of advanced biometric systems, specializing in voice and facial recognition technologies. Founded in 1990 and based in Saint Petersburg, Russia, the company provides a range of solutions for audio and video recording, processing, and analysis. Its offerings include voice biometrics for commercial and intelligence applications, professional recording devices, noise cancellation systems, and forensic analysis tools. Additionally, the company supplies equipment for audio and video recording in interview and interrogation rooms. Speech Technology Center also engages in training and consulting services related to audio processing and analysis, distributing its products through a global network of resellers and partners. As of August 2019, it operates as a subsidiary of Sberbank of Russia.
Rabota.ru
Acquisition in 2019
Rabota.ru is a prominent online job portal in Russia, specializing in job search and recruitment services. The platform aims to facilitate efficient and accurate job-seeking experiences for individuals across various cities in the country, operating continuously throughout the year. Rabota.ru supports job seekers by providing a comprehensive search portal that allows users to find employment opportunities that align with their educational backgrounds and professional qualifications. As a leader in the online recruitment market, Rabota.ru plays a crucial role in connecting employers with potential candidates, streamlining the hiring process in the competitive labor market.
Intercomp Global Services
Acquisition in 2018
Intercomp Global Services is a leading BPO provider in EMEA, and pioneer in the CEE and CIS regions. We offer extensive expertise and experience in accounting, HR administration and, in particular, payroll services. Clients from all industries have relied on Intercomp Global Services since 1994 for standardized multi-country payroll services. Delivering to over 500 clients (mostly Fortune 1000) varying from 1 to 14,000 employees across 25 countries and growing. We bring peace of mind, efficiency and cost savings to our clients with our centralized payroll model and platform.
Dialog
Acquisition in 2018
Dialog LLC is an IT company based in Moscow, Russia, founded in 2016. It specializes in the development of a smart, self-hosted messaging platform designed for customizable corporate communications. The company's flagship product is a feature-rich enterprise messenger that supports voice and video calls, file exchange, meeting setup, and audio and video conferencing. Dialog's platform is adaptable, available in both on-premise and cloud models, making it suitable for various types of organizational needs. Through its innovative solutions, Dialog aims to enhance communication and collaboration within businesses.
DocDoc
Acquisition in 2017
DocDoc is an online platform that facilitates the process of finding and booking appointments with medical professionals across various cities in Russia, including Moscow, St. Petersburg, and Yekaterinburg. Founded in 2012 and headquartered in Moscow, the service allows users to select specialists, read patient ratings, and schedule appointments at their convenience. The platform ensures that users have access to accurate information about doctors, helping them make informed choices based on their preferences. In 2017, DocDoc became a subsidiary of Sberbank of Russia, enhancing its operational capabilities in the healthcare sector.
Gett
Debt Financing in 2016
Gett, Inc. is a technology platform specializing in on-demand corporate ground transportation management. Founded in 2010 and headquartered in London, the company offers a cloud-based software solution that connects businesses with a wide range of transportation providers, including corporate fleets, ride-hailing services, taxis, and limousines. This integrated platform streamlines the management of transportation expenses, enhancing the overall employee experience from booking to invoicing and analytics. Gett operates in multiple countries, including the United Kingdom, the United States, and Russia, and has established partnerships, notably with The Volkswagen Group. With a workforce of over 800 employees, Gett aims to set a new standard in corporate ground transportation, much like the impact of leading communication platforms in their respective fields.
Segmento
Acquisition in 2015
Segmento is a prominent Russian programmatic platform established in 2011 by Eugene Legkiy, Roman Nester, and Kirill Safonov. After selling a controlling stake to Sberbank in 2015, the founders continued to lead the company's development. Segmento employs machine learning and artificial intelligence to optimize digital advertising by leveraging depersonalized data from 84 million Sberbank clients, along with their online behavior. The platform facilitates effective display advertising across various devices, allowing businesses to interact with potential customers through tailored campaigns based on shopping preferences and interests. By combining offline and online data, Segmento aims to enhance advertising effectiveness and drive measurable sales growth for its clients.
Control Leasing
Seed Round in 2013
Ctrl Leasing is a financial services company that is the first to offer an on-line car leasing service in Russia to both individual and business clients.
Troika Dialog Group
Acquisition in 2011
Troika Dialog Group is a prominent investment banking firm in Russia, recognized as a leader in the mutual fund industry and trust management services. The company specializes in a diverse array of financial services, including settlement and cash management, investment banking, and operations within financial markets. Established as the largest private investment company in Russia, Troika Dialog Group underwent significant changes when it was acquired by Sberbank in 2011, further solidifying its position in the financial sector. The firm continues to focus on delivering comprehensive financial solutions to meet the needs of its clients.