Baring Vostok Capital Partners

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.

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.