- Russia, Ukraine, Poland
- Minority stake
Founded in 2012, Busfor entered the market because more people were traveling by bus than by air or train despite the technological limitations associated with online bus ticketing. Adding a new layer of convenience to this dominant method of travel, the company enables carriers and bus stations to easily sell tickets to the customers searching for them online. Operating throughout Russia, Eastern Europe, the Commonwealth of Independent States and Thailand, Busfor partners with 5,000 bus companies to serve the growing base of 2 million customers per month.
The company’s growth rate is reported at 78% in USD, up to $232M, and 91%* in Rubles, up to 7.1B Rubles.
"After coming off of a benchmark year for The OZON Group, 2012 began with the pivotal acquisition of Sapato.ru which has strengthened the already fortified leadership of OZON in the marketplace," said Maelle Gavet, CEO of OZON Holdings. "Efforts for the past six months have been concentrated on furthering the growth of OZON as a whole while blending Sapato.ru and OZON.ru to band together seamlessly. It has been a very organic and prolific progression."
Baring Vostok Private Equity Fund IV invested 50 million dollars to support further growth of Tinkoff Credit Systems (TCS).