Zubr Capital is a private equity firm established in 2009 and based in Limassol, Cyprus. It specializes in investing in fast-growing, technology-focused companies, primarily within the TMT sector, including fields such as e-commerce, fintech, and IT services. With over a decade of experience in private equity, Zubr Capital has developed a strong expertise in identifying and nurturing growth-stage companies. The firm is committed to advancing capital markets and fostering a robust financial ecosystem in the region, particularly in Belarus, where it focuses on minority equity investments in medium-sized enterprises. Zubr Capital has successfully executed numerous investments and exits, with notable support from key investors like the European Bank for Reconstruction and Development and FMO, the Dutch Development Bank. Through its strategic initiatives, Zubr Capital aims to promote equity investments and support entrepreneurs in realizing their business potential.
Larixon Classifieds is a network of classified advertising platforms in some of the world’s fastest-growing internet markets. They are currently operating market-leading general classifieds and auto verticals in Mongolia, Tajikistan and Cyprus with more markets and categories in the pipeline. They appreciate the fact that classified advertising is the “winner takes all” industry. That’s why all their assets enjoy absolute leadership in their countries. Not only do they run countries’ leading marketplaces, but their projects are also the biggest local websites in their countries, sharing their place in the Top Ten with Google, Facebook, Youtube, Wikipedia and other global brands. They believe that by creating marketplaces of such scale, they enrich local economies and people by providing them with an opportunity to trade with each other in a more efficient way. They give them a tool which never existed before and which enables them to reach out to anyone in their country.
Myfin Group
Private Equity Round in 2020
Myfin Group is a financial services platform based in Minsk, Belarus, established in 2012. It operates as a marketplace for banking products, offering a range of online services that enable consumers to find loans, deposits, currency rates, and other financial information. As the largest marketplace for banking products in Belarus and one of the top platforms in Russia, Myfin Group provides technology-driven solutions that allow users to compare various financial offerings and select products that best meet their needs. The platform fosters ongoing communication between the banking community, consumers, and businesses, enhancing the accessibility and transparency of financial information.
Mila Group
Private Equity Round in 2019
Mila Group is a retailer based in Minsk, Belarus, specializing in beauty and personal care products. The company provides a diverse range of items, including shampoos, lipsticks, eyelash care products, baby items, fashion accessories, health and household goods, as well as laundry bags and travel accessories. Mila Group operates both online and offline stores, facilitating convenient shopping options for customers.
Av.by
Acquisition in 2017
av.by is an online car advertising platform based in Minsk, Belarus, that facilitates the sale, purchase, and maintenance of vehicles, including cars, light trucks, tires, and spare parts. Established in 2001, the platform serves as a connection point for private customers, auto centers, and advertisers, allowing them to interact efficiently. With approximately 360,000 users and 140 million page views each month, av.by continuously monitors the relevance of listings and responds promptly to user inquiries, ensuring that buyers and sellers have access to the necessary information and services.
SoftClub
Private Equity Round in 2014
SoftClub Ltd. is a software development company specializing in solutions for the banking and finance sectors. Founded in 1993 and headquartered in Minsk, Belarus, with additional offices in several countries, SoftClub offers over 30 products tailored to meet the needs of financial institutions. Its offerings include core banking systems, retail banking solutions, electronic depositaries, and remote banking applications, among others. The company serves a diverse clientele that includes banks, central depositaries, and government entities across multiple countries, including those in the CIS, Europe, and the United States. SoftClub generates revenue through software development, installation, support services, and license sales, ensuring a high technological standard and adaptability for its clients. Its products are implemented in over 40 banks, including many of the top institutions in the CIS region.
Atlant Telecom
Venture Round in 2011
Atlant Telecom is a prominent privately owned telecommunications operator in Belarus, specializing in fixed-line broadband services. The company provides a range of internet access services, focusing on broadband data transmission and the maintenance of local networks. In addition to its core offerings, Atlant Telecom delivers IPTV and cable TV services, and operates a video and audio library. The company also extends its services to include public wireless fidelity networks, cloud video surveillance, and licensed anti-virus protection, catering to various consumer and business needs in the region.
MTBank
Private Equity Round in 2007
MTBank provides various banking services. MTBank is a member of the Association of Belarusian Banks, the Community of Worldwide Interbank Financial Communications (SWIFT), international payment systems VISA International and MasterCard.
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