This large sector covers the production and sale of consumer goods, as well as various consumer services including electronic commerce and health care. Since 1996, Baring Vostok funds have invested over $400 million in 13 companies from this sector.
Kaspi.kz

Kaspi.kz

Leading consumer-focused ecosystem in Kazakhstan
Location:
Alma-Ata, Kazakhstan
Year of initial investments:
2006
Shareholding:
Minority

Kaspi.kz is the largest consumer-focused Ecosystem in Kazakhstan with a leading market position in each of its key products and services. Kaspi.kz provides technologically advanced, seamless and innovative ways for consumers to shop, pay for and finance their purchases, as well as manage their personal finances through a growing range of interconnected products and services. This is fast-growing, transaction-driven, profitable and dividend-paying business.

Kaspi.kz is guided by its mission to improve people’s lives through developing innovative products and services. The company is built around four core revenue generating platforms, which form its Ecosystem and includes Marketplace, Payments, e-Finance and Consumer Financial Services platforms.

Other projects

News

19 November 2019

TJX acquires 25% of Familia.

A Baring Vostok portfolio company Familia – Russia’s leading off-price apparel and home fashions retailer – announced that the TJX Companies has acquired a 25% ownership stake in the Company from existing shareholders for USD 225 million.
11 November 2019

Media Statement.

Baring Vostok statement regarding the decision of the Moscow City Court to refuse changes to Ivan Zyuzin's and Vagan Abgaryan's pre-trial detention measures.
06 November 2019

Media Statement.

Baring Vostok statement regarding the decision of the Moscow City Court (Mosgorsud) to prolong the pre-trial detention of Maxim Vladimirov.
29 October 2019

Media Statement.

Baring Vostok statement on the court decision to extend the house arrests of Michael Calvey and Philippe Delpal.
09 October 2019

Media Statement.

Baring Vostok statement on the court decision to extend the pre-trial detention of Maxim Vladimirov.
09 October 2019

Media Statement.

Baring Vostok statement on the court decision to extend the house arrests of Michael Calvey and Philippe Delpal.
02 September 2019

Media Statement.

Baring Vostok statement on the court decision to arrest Evison’s remaining shares of Vostochny Bank.