Baring Vostok Capital Partners

ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

Skyeng is an online English language school founded in 2012 and based in Cheboksary, Russia. The company specializes in providing virtual classrooms that facilitate language learning through interactive courses. Skyeng aims to make the learning experience convenient and engaging, allowing students to set specific life goals and achieve them through tailored education. The school emphasizes the importance of a collaborative team environment, where each member contributes to the development and enhancement of its educational offerings, ultimately striving to create a brighter and more effective learning experience for its students.

Synergetic is a manufacturer based in Nizhny Novgorod, Russia, specializing in ecological detergents and household chemicals. The company's product range includes toothpaste, dishwashing liquids, laundry detergents, air conditioning cleaners, bleach, stain removers, liquid soaps, and various cleaning solutions for floors, glass, and plumbing. By focusing on environmentally friendly formulations, Synergetic aims to meet consumer needs while promoting sustainable practices in household cleaning and personal care.

Founded in 1998, Ozon is a leading Russian e-commerce platform offering over 130 million products across 20 categories, including electronics, fashion, books, and groceries. It serves more than 31 million customers nationwide through its extensive delivery network covering over 50% of Russia's population. Ozon operates as an online marketplace connecting over 150,000 sellers with customers, with marketplace sellers accounting for over three-quarters of its turnover by Gross Merchandise Value (GMV). In addition to its core e-commerce business, Ozon offers fintech services through Ozon Bank and express delivery service through Ozon Fresh.

CarPrice is an online platform based in Russia that specializes in the auction of second-hand cars. It offers sellers instant online valuations and connects them with a network of over 4,000 dealers who participate in competitive bidding. The auction process typically lasts around 30 minutes, allowing dealers to determine the best price for vehicles. CarPrice has rapidly established itself as a leading player in the Russian used car market, ranking among the top three sellers within its first year of operation. The company operates from more than 20 locations, including major cities like Moscow and St. Petersburg. Despite a challenging economic environment that saw a significant decline in new car sales, CarPrice has continued to grow, aiming to increase its monthly auction volume from 4,000 to 10,000. The platform's services not only streamline the selling process but also help buyers access fair market prices for used vehicles.

Founded in 1998, Ozon is a leading Russian e-commerce platform offering over 130 million products across 20 categories, including electronics, fashion, books, and groceries. It serves more than 31 million customers nationwide through its extensive delivery network covering over 50% of Russia's population. Ozon operates as an online marketplace connecting over 150,000 sellers with customers, with marketplace sellers accounting for over three-quarters of its turnover by Gross Merchandise Value (GMV). In addition to its core e-commerce business, Ozon offers fintech services through Ozon Bank and express delivery service through Ozon Fresh.

Tealsy is a Moscow-based startup that operates an online platform for the buying and selling of grocery products. The company connects e-shoppers, retailers, and suppliers, facilitating a marketplace where users can trade food items efficiently. Tealsy’s platform allows buyers to compare prices from various sellers, assess product quality, and check availability while placing orders. This streamlined approach aims to optimize costs for retail participants, making it easier for them to engage in grocery trade.

ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

Founded in 1998, Ozon is a leading Russian e-commerce platform offering over 130 million products across 20 categories, including electronics, fashion, books, and groceries. It serves more than 31 million customers nationwide through its extensive delivery network covering over 50% of Russia's population. Ozon operates as an online marketplace connecting over 150,000 sellers with customers, with marketplace sellers accounting for over three-quarters of its turnover by Gross Merchandise Value (GMV). In addition to its core e-commerce business, Ozon offers fintech services through Ozon Bank and express delivery service through Ozon Fresh.

DOC+ is a Moscow-based healthcare company founded in 2015 that focuses on connecting patients with medical professionals through a comprehensive digital platform. Initially launched as a doctor-house-call service, DOC+ has evolved into the first mobile clinic in Russia, offering a range of services including telemedicine consultations via chat, audio, or video calls, as well as the ability to order in-home visits and receive prescriptions. The platform also provides users with electronic health records, personalized health services, and access to a network of verified medical partners. By prioritizing affordability and accessibility, DOC+ aims to transform healthcare in Russia by leveraging advanced technologies and personalized care solutions. The company's mission is to ensure that patients can access high-quality medical services conveniently and efficiently, thus improving overall healthcare delivery.

Gett is a technology company that offers a cloud-based platform for corporate ground transportation management, integrating corporate fleets, ride‑hailing, taxi, and limousine services into a single interface. It helps businesses control spend, streamline booking, invoicing, and analytics, and improves employee experience. Founded in 2010, headquartered in London, with offices worldwide, it has raised over $750 million, including investment from Volkswagen Group, and employs more than 800 people.

Mokka is a prominent fintech company that focuses on providing buy now, pay later solutions tailored for both online and traditional merchants. Operating primarily in Central and Eastern Europe, specifically in Poland, Romania, and Bulgaria, Mokka offers innovative financial services designed to enhance the purchasing experience for consumers while enabling merchants to increase their sales through flexible payment options. The company's microfinance initiatives also support fundraising and loan services, making it a versatile player in the financial technology landscape. With its commitment to facilitating consumer access to credit and empowering businesses, Mokka positions itself at the forefront of the evolving digital payment ecosystem.

Founded in 1998, Ozon is a leading Russian e-commerce platform offering over 130 million products across 20 categories, including electronics, fashion, books, and groceries. It serves more than 31 million customers nationwide through its extensive delivery network covering over 50% of Russia's population. Ozon operates as an online marketplace connecting over 150,000 sellers with customers, with marketplace sellers accounting for over three-quarters of its turnover by Gross Merchandise Value (GMV). In addition to its core e-commerce business, Ozon offers fintech services through Ozon Bank and express delivery service through Ozon Fresh.

Skyeng is an online English language school founded in 2012 and based in Cheboksary, Russia. The company specializes in providing virtual classrooms that facilitate language learning through interactive courses. Skyeng aims to make the learning experience convenient and engaging, allowing students to set specific life goals and achieve them through tailored education. The school emphasizes the importance of a collaborative team environment, where each member contributes to the development and enhancement of its educational offerings, ultimately striving to create a brighter and more effective learning experience for its students.

DOC+ is a Moscow-based healthcare company founded in 2015 that focuses on connecting patients with medical professionals through a comprehensive digital platform. Initially launched as a doctor-house-call service, DOC+ has evolved into the first mobile clinic in Russia, offering a range of services including telemedicine consultations via chat, audio, or video calls, as well as the ability to order in-home visits and receive prescriptions. The platform also provides users with electronic health records, personalized health services, and access to a network of verified medical partners. By prioritizing affordability and accessibility, DOC+ aims to transform healthcare in Russia by leveraging advanced technologies and personalized care solutions. The company's mission is to ensure that patients can access high-quality medical services conveniently and efficiently, thus improving overall healthcare delivery.

Mokka is a prominent fintech company that focuses on providing buy now, pay later solutions tailored for both online and traditional merchants. Operating primarily in Central and Eastern Europe, specifically in Poland, Romania, and Bulgaria, Mokka offers innovative financial services designed to enhance the purchasing experience for consumers while enabling merchants to increase their sales through flexible payment options. The company's microfinance initiatives also support fundraising and loan services, making it a versatile player in the financial technology landscape. With its commitment to facilitating consumer access to credit and empowering businesses, Mokka positions itself at the forefront of the evolving digital payment ecosystem.

Sorsdata OOO is a Moscow-based company that specializes in consumer marketing and analytics. The firm utilizes proprietary data and advanced analytics to assist Russian merchants in enhancing customer communication, fostering loyalty, and improving overall store performance. By leveraging its unique insights, Sorsdata aims to optimize the retail experience for both businesses and consumers.

BlaBlaCar is a leading long-distance carpooling community that connects drivers with empty seats to passengers seeking affordable travel options. The platform facilitates shared rides, allowing members to reduce transportation costs and minimize their environmental impact. Users can create detailed profiles and specify their preferred level of conversation during the journey, which fosters a secure and trust-based community. Operating in 22 countries, including various regions in Europe, Russia, Turkey, Mexico, Brazil, and India, BlaBlaCar offers a user-friendly website and mobile applications that streamline the connection between drivers and passengers. Headquartered in Paris, the company has established a global network that emphasizes community trust and shared travel experiences.

DOC+ is a Moscow-based healthcare company founded in 2015 that focuses on connecting patients with medical professionals through a comprehensive digital platform. Initially launched as a doctor-house-call service, DOC+ has evolved into the first mobile clinic in Russia, offering a range of services including telemedicine consultations via chat, audio, or video calls, as well as the ability to order in-home visits and receive prescriptions. The platform also provides users with electronic health records, personalized health services, and access to a network of verified medical partners. By prioritizing affordability and accessibility, DOC+ aims to transform healthcare in Russia by leveraging advanced technologies and personalized care solutions. The company's mission is to ensure that patients can access high-quality medical services conveniently and efficiently, thus improving overall healthcare delivery.

Profi.ru is an online marketplace founded in 2005 and based in Moscow, Russia, that connects users with freelancers and professionals across various categories, including tutors, doctors, beauty specialists, artists, musicians, handymen, personal trainers, and driving instructors. The platform facilitates the search for specialized services by providing an integrated feedback mechanism, allowing clients to evaluate and select professionals based on their needs. This service aims to streamline the process of finding qualified individuals, thereby saving clients time and effort in addressing their specific requirements.

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.

CarPrice is an online platform based in Russia that specializes in the auction of second-hand cars. It offers sellers instant online valuations and connects them with a network of over 4,000 dealers who participate in competitive bidding. The auction process typically lasts around 30 minutes, allowing dealers to determine the best price for vehicles. CarPrice has rapidly established itself as a leading player in the Russian used car market, ranking among the top three sellers within its first year of operation. The company operates from more than 20 locations, including major cities like Moscow and St. Petersburg. Despite a challenging economic environment that saw a significant decline in new car sales, CarPrice has continued to grow, aiming to increase its monthly auction volume from 4,000 to 10,000. The platform's services not only streamline the selling process but also help buyers access fair market prices for used vehicles.

Profi.ru is an online marketplace founded in 2005 and based in Moscow, Russia, that connects users with freelancers and professionals across various categories, including tutors, doctors, beauty specialists, artists, musicians, handymen, personal trainers, and driving instructors. The platform facilitates the search for specialized services by providing an integrated feedback mechanism, allowing clients to evaluate and select professionals based on their needs. This service aims to streamline the process of finding qualified individuals, thereby saving clients time and effort in addressing their specific requirements.

Gett is a technology company that offers a cloud-based platform for corporate ground transportation management, integrating corporate fleets, ride‑hailing, taxi, and limousine services into a single interface. It helps businesses control spend, streamline booking, invoicing, and analytics, and improves employee experience. Founded in 2010, headquartered in London, with offices worldwide, it has raised over $750 million, including investment from Volkswagen Group, and employs more than 800 people.

Mamsy is an online shopping portal based in Moscow, Russia, specializing in products for mothers, children, and babies. Founded in 2011, the company features a wide range of offerings, including clothing for babies, girls, boys, adults, and pregnant women, as well as household items, shoes, accessories, games, toys, and hygiene products. Mamsy distinguishes itself as the largest daily deals site in its niche, providing discounts of up to 70% on high-quality products. The company aims to enhance the competitiveness of the Russian children's goods market by making a diverse selection of affordable products accessible to customers across the country.

ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

Avito, established in 2007 by Jonas Nordlander and Filip Engelbert, is Russia's leading online classifieds platform. It facilitates the buying and selling of a wide array of items, including used cars, clothing, real estate, and collectibles, as well as services and event tickets. The platform connects buyers and sellers, enabling transactions without charging fees for ad placement, and caters primarily to small and medium-sized businesses.

Tinkoff is an online financial ecosystem focused on lifestyle banking, offering a full range of financial and lifestyle services for individuals and businesses through mobile apps and the Tinkoff.ru website. The platform supports spending planning, investing, loyalty programs, travel bookings and consumer services, with most services delivered in a branchless model and managed online and via call centers. The company emphasizes AI and machine learning to streamline communications, with an AI voice assistant handling a large share of inquiries. Most products and IT systems are developed in-house, enabling rapid, personalized service. The ecosystem has earned multiple awards for digital banking innovation in Central and Eastern Europe and Russia.

Novomet specializes in manufacturing high-capacity submersible pumps for oil production, particularly suited for challenging fields and offshore environments. The company's innovative approach involves using nanostructured protective coatings to enhance equipment reliability and efficiency. Novomet holds a 25% market share in Russia and a 3% global share for such equipment.

1C Company, founded in 1991, is a prominent developer, distributor, and publisher of software aimed at automating various business processes for both commercial and home use. The company specializes in solutions for enterprise resource planning, operations, accounting, finance, human resources, and management activities, serving clients in Russia, Ukraine, Kazakhstan, Belarus, and other regions. With a network of over 10,000 dealers across 600 cities in 25 countries, 1C has established itself as a leading publisher and distributor of computer games in Eastern and Central Europe. The company supports its products through a robust franchising network of approximately 7,500 partner teams and a network of authorized training centers. Additionally, 1C operates 280 retail shops specializing in multimedia software. As an official distributor for numerous well-known software vendors, 1C offers a diverse portfolio of more than 10,000 software titles, enhancing operational efficiency and productivity for its customers.

ER-Telecom Holding is a telecommunications company based in Moscow, Russia, offering a comprehensive range of services to both individuals and businesses. The company specializes in triple-play services, which include broadband Internet access, cable and HD television, and landline communication. For individual customers, ER-Telecom provides home Internet, cable television, and home phone services. Business clients benefit from high-speed Internet access, video surveillance, video conferencing, technological data transfer, and fixed-line telephony, among other tailored solutions. Through its diverse offerings, ER-Telecom aims to meet the communication needs of its diverse customer base across the region.

Yandex is a Russian internet company that operates the largest search engine in Russia. It provides swift search results and other standard services, including transportation services, navigation products, and mobile applications powered by machine learning.

Enforta Limited is a telecommunications company based in Moscow, Russia, specializing in B2B fixed wireless Internet access solutions. Founded in 2003, Enforta provides a range of services that include high-speed Internet access, corporate networking for data communication and telephony, as well as virtual private networks to connect various business locations securely. The company also offers solutions for integrating office communication systems without the need for physical equipment, enabling remote video surveillance, and providing Internet monitoring tools for businesses. With a client base exceeding 7,000 across 18 cities in Russia, Enforta utilizes various technologies, including WiMAX, to deliver comprehensive service packages that encompass both voice and data services. The company's focus is on enhancing communication capabilities for enterprises by offering tailored telecom and IT solutions.

Founded in 1998, Ozon is a leading Russian e-commerce platform offering over 130 million products across 20 categories, including electronics, fashion, books, and groceries. It serves more than 31 million customers nationwide through its extensive delivery network covering over 50% of Russia's population. Ozon operates as an online marketplace connecting over 150,000 sellers with customers, with marketplace sellers accounting for over three-quarters of its turnover by Gross Merchandise Value (GMV). In addition to its core e-commerce business, Ozon offers fintech services through Ozon Bank and express delivery service through Ozon Fresh.

Enforta Limited is a telecommunications company based in Moscow, Russia, specializing in B2B fixed wireless Internet access solutions. Founded in 2003, Enforta provides a range of services that include high-speed Internet access, corporate networking for data communication and telephony, as well as virtual private networks to connect various business locations securely. The company also offers solutions for integrating office communication systems without the need for physical equipment, enabling remote video surveillance, and providing Internet monitoring tools for businesses. With a client base exceeding 7,000 across 18 cities in Russia, Enforta utilizes various technologies, including WiMAX, to deliver comprehensive service packages that encompass both voice and data services. The company's focus is on enhancing communication capabilities for enterprises by offering tailored telecom and IT solutions.

InfiNet Wireless Limited is a globally recognized provider of wireless connectivity solutions, specializing in fixed, nomadic, mobile, and public safety networks. Established in 2003 and headquartered in Moscow, Russia, the company offers a range of products including point-to-point (InfiLINK) and point-to-multipoint (InfiMAN) solutions, along with mesh networking options (InfiMESH). These products utilize broadband wireless access and WiMAX technologies to deliver reliable connectivity for diverse applications such as video surveillance networks, government communications, corporate services, and public safety networks. InfiNet Wireless serves clients across various sectors in numerous countries worldwide, demonstrating its commitment to global customer satisfaction through consistent innovation and product development based on client feedback.

Gallery Media Group is a prominent outdoor advertising operator based in Moscow, Russia, managing over 50,000 advertising surfaces across 90 cities nationwide. The company specializes in providing a comprehensive range of services that encompass the creation, installation, and maintenance of various advertising structures, including billboards, outdoor furniture, large format displays, custom media, and street signs. Gallery Media Group takes into account the architectural and landscape characteristics of each city to ensure effective and visually appealing advertising solutions.

CTC Media, Inc., established in 1989, is a prominent independent broadcasting company based in Moscow, Russia. It operates four leading television channels in Russia—CTC, Domashny, Che, and CTC Love—as well as Channel 31 in Kazakhstan. The company's channels reach over 150 million viewers across Russia, Kazakhstan, and other countries through international broadcasts. CTC Media also owns digital entertainment media assets such as videomore.ru and ctc.ru, and operates an in-house advertising sales agency. Additionally, it has TV content production facilities via its subsidiary Story First Production.

Yandex is a Russian internet company that operates the largest search engine in Russia. It provides swift search results and other standard services, including transportation services, navigation products, and mobile applications powered by machine learning.

Founded in 1998, Ozon is a leading Russian e-commerce platform offering over 130 million products across 20 categories, including electronics, fashion, books, and groceries. It serves more than 31 million customers nationwide through its extensive delivery network covering over 50% of Russia's population. Ozon operates as an online marketplace connecting over 150,000 sellers with customers, with marketplace sellers accounting for over three-quarters of its turnover by Gross Merchandise Value (GMV). In addition to its core e-commerce business, Ozon offers fintech services through Ozon Bank and express delivery service through Ozon Fresh.

VEON is a digital operator that provides mobile and fixed-line connectivity and related services across multiple markets. It offers voice and data services, roaming, content, and mobile financial services, along with fixed-line Internet, data transmission, and network access for consumers, businesses, and operators. The company operates under the Beeline, Kyivstar, Jazz, Djezzy, and banglalink brands in Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, Armenia, and Georgia, serving about 212 million customers. Its activities focus on converged connectivity and digital services, including machine-to-machine offerings and international transit for partners.