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 a company focused on gaming data and AI. Using Machine Learning algorithms, GOSU Data Lab builds the platform that applies the computer’s understanding of the gaming data and helps gamers to play better, trains pro gamers, makes gaming companies analytics better.
Eruditor Group
Debt Financing in 2021
Eruditor Group is an online marketplace that connects customers with a variety of professional service providers, including private tutors, sports coaches, beauty specialists, medical professionals, and repair technicians. Founded in 2005 and headquartered in Moscow, Russia, the company operates under several brands, such as Infodoctor, Kracemasters, and Vash Repetitor. Eruditor Group serves clients across major cities in Russia, Ukraine, and Kazakhstan, facilitating access to essential 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, established in 2016. The company operates an online platform designed to help businesses enhance sales and brand recognition through curated audio content. Muzlab's platform offers features such as ready-made playlists, the ability to generate request sheets, and embedded advertising units, enabling businesses to effectively manage their audio environment. Additionally, the service allows users to remotely control music at points of sale and automates royalty processes, streamlining the management of audio content for commercial use.
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 tailored for small businesses and microenterprises. The company provides an innovative online cash register solution that supports various sectors, including courier services, online stores, home delivery shops, passenger transportation, and itinerant retail. As of December 2020, Evotor operates as a subsidiary of Sberbank of Russia, reinforcing its position in the market with robust financial backing.
Instamart
Acquisition in 2020
Instamart, now rebranded as SberMarket, operates an online platform that facilitates same-day grocery delivery from offline retail outlets. Founded in 2013 and based in Moscow, Russia, the company became part of O2O Holding in 2019. SberMarket has established itself as the leading e-grocery provider in the country, offering consumers and businesses convenient delivery and click-and-collect options. Through its proprietary technology platform, SberMarket effectively connects retailers, producers, and customers, enhancing the overall shopping experience and streamlining the grocery supply chain.
SBER EAPTEKA
Acquisition in 2020
SBER EAPTEKA is an online pharmacy store that provides drugs delivered across Moscow, Russia. It has a specialized reference system for the automated search for rare and common medicines online. Today, it is one of the largest online pharmacies in Russia with the widest range of products on the market (over 50,000 products). It was founded in 2000 and operates in Moscow City, Russia.
YooMoney
Acquisition in 2020
Yandex Money is an electronic payments service that offers safe, reliable, and easy methods of paying online for users. The service allows merchants to accept all the online payment methods most popular among Russians such as mobile billing through the top Russian providers, credit cards, cash via over 250,000 cash-acceptance points all over the country, instant bank invoicing, and e-wallets. Yandex Money also provides payment solutions for business money transfers, payment for goods and services on the Internet, premium Mastercard to the wallet, and Card Products for Brands (Messenger Club, PassCity, Trimuti). It also allows users to conveniently pay for services, like home utilities and mobile phone. Their mission is to enhance commercial efficiency on the internet by maintaining a versatile payment environment that brings customers and merchants together. Yandex.Money's partners include banks, internet, and telecom service providers, online stores, game publishers, postal and municipal services, payment integrators, and more. Yandex Money was founded on July 24, 2002, and is headquartered in Moscow, Russia.
YooMoney
Secondary Market in 2020
Yandex Money is an electronic payments service that offers safe, reliable, and easy methods of paying online for users. The service allows merchants to accept all the online payment methods most popular among Russians such as mobile billing through the top Russian providers, credit cards, cash via over 250,000 cash-acceptance points all over the country, instant bank invoicing, and e-wallets. Yandex Money also provides payment solutions for business money transfers, payment for goods and services on the Internet, premium Mastercard to the wallet, and Card Products for Brands (Messenger Club, PassCity, Trimuti). It also allows users to conveniently pay for services, like home utilities and mobile phone. Their mission is to enhance commercial efficiency on the internet by maintaining a versatile payment environment that brings customers and merchants together. Yandex.Money's partners include banks, internet, and telecom service providers, online stores, game publishers, postal and municipal services, payment integrators, and more. Yandex Money was founded on July 24, 2002, and is headquartered in Moscow, 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 founded in 2013 and based in Saint Petersburg, Russia. The company specializes in the rapid delivery of groceries, household goods, and cosmetics, utilizing its own network of micro-warehouses situated close to customers. This strategic distribution model enables Samokat to deliver products within 15 minutes. The service is accessible through a mobile application available on both the App Store and Google Play, facilitating a convenient shopping experience for users seeking quick delivery solutions.
Instamart
Series D in 2020
Instamart, now rebranded as SberMarket, operates an online platform that facilitates same-day grocery delivery from offline retail outlets. Founded in 2013 and based in Moscow, Russia, the company became part of O2O Holding in 2019. SberMarket has established itself as the leading e-grocery provider in the country, offering consumers and businesses convenient delivery and click-and-collect options. Through its proprietary technology platform, SberMarket effectively connects retailers, producers, and customers, enhancing the overall shopping experience and streamlining the grocery supply chain.
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 for businesses. The company utilizes Passbook technology to facilitate interaction between businesses and their customers, offering a straightforward and cost-effective way to manage digital coupons and loyalty cards. Passteam's services include customizing card appearances, managing card information, and sending push notifications to keep customers informed about store updates, card balances, and special promotions. By streamlining the process of pass generation and distribution through payment wallets, Passteam enables customers to easily engage with loyalty programs and access timely information about the businesses they frequent.
VK (ex. Mail.Ru Group)
Post in 2019
Mail.ru Group was founded by Yuri Milner and is the largest Internet company in the Russian-speaking world. It is one of the largest Internet companies in Russia, and the world's seventh largest Internet business in terms of page views. Mail.ru Group operates two of the three largest Russian language social networking sites (Odnoklassniki.ru and Moi Mir@Mail.Ru), the two largest instant messaging networks in Russia (ICQ and Agent), Russia's leading email service, Russia's second largest Internet portal and Russia's largest online games company. Mail also holds strategic equity stakes of 32.49% in vKontakte, Russia's largest social networking site, and 25.09% in QIWI, formerly OE Investments, one of Russia's leading payment-processing companies. It also holds small minority stakes in Facebook, Zynga and Groupon.
Rambler Media
Acquisition in 2019
Rambler Media is a diversified Russian language internet media and services group which operates or has interests in leading internet brands including the Russian internet homepage and search engine "Rambler.ru," on-line newspaper "Lenta.ru," product comparison website "Price.ru," internet catalogue and navigation system "Top 100," instant messaging service "Rambler-ICQ," digital advertising agency "Index20" and contextual advertising company "Begun." Rambler Media's shares are traded on AIM, the junior market of the London Stock Exchange under the symbol "RMG." In April 2008, over 40 million unique users visited Rambler Media's websites generating over two billion page views.
Speech Technology Center
Acquisition in 2019
Speech Technology Center Limited specializes in the development of advanced biometric systems, including voice and facial recognition technologies. The company provides a range of solutions for audio and video recording, processing, and analysis, catering to both commercial and governmental applications. Its offerings include voice biometrics for various sectors, professional recording equipment, noise cancellation systems, and forensic analysis tools. Additionally, Speech Technology Center provides training and consulting services in audio processing and analysis. Founded in 1990 and headquartered in Saint Petersburg, Russia, the company operates as a subsidiary of Sberbank of Russia and distributes its products through a global network of resellers and partners.
Rabota.ru
Acquisition in 2019
Rabota.ru is a portal for accurate and fast job search and recruitment, one of the leaders in the online recruitment market. The main objective of the project is to provide recruitment and job search services in different cities of Russia 24 hours a day, 365 days a year.
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 tailored for corporate communications. The company offers an enterprise-grade messenger that includes features such as voice and video calls, chatbot integration, file sharing, meeting scheduling, and audio and video conferencing. Dialog's platform is designed for flexibility, providing both on-premise and cloud deployment options to meet the needs of various organizations.
DocDoc
Acquisition in 2017
DocDoc.ru owns and operates an online recruitment portal for medical professionals. It allows patients to rate the medical professional. The company was founded in 2012 and is based in the Russian Federation.
Segmento
Acquisition in 2015
Segmento is a prominent Russian programmatic advertising platform that leverages machine learning and artificial intelligence to optimize digital marketing efforts. Founded in 2011 by Eugene Legkiy, Roman Nester, and Kirill Safonov, the company became a subsidiary of Sberbank in 2015, with its founders continuing to drive its innovation and growth. Segmento utilizes anonymized data from Sberbank's extensive client base, which includes insights into the online behaviors of 84 million users, to deliver targeted advertisements in real time across various devices. Its platform integrates both online and offline data to create customized advertising solutions, enabling businesses to effectively engage with potential customers and enhance their sales performance.
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.
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