The Funds’ first investment in telecommunications was made in 1994 in FGI Wireless (which eventually became today’s Vimpelcom, one of Russia’s largest mobile telephony operators). The company was a pioneer in cellular network development in Russia. Since 1994, Baring Vostok funds have invested over $850 million in 30 companies in the internet, software, media, and telecommunications sector.
Sorsdata

Sorsdata

Location:
Moscow, Russia
Year of initial investments:
2017
Shareholding:
Minority stake

Sorsdata was founded in 2013. The Company is one of the leading fintech companies in Russia, specialized in data analytics and personalized marketing. Leveraging the latest cloud, data, and machine learning solutions, Sorsdata delivers comprehensive data enhancement, segmentation, personalized campaign design and execution services for major on- and off-line retailers in Russia. Sorsdata has successfully partnered with leading national merchants in apparel, footwear, travel, and health and beauty categories to improve partners’ customer loyalty and digital marketing campaign performance.

Other projects

News

15 June 2017

CFT in TOP 3 Russian Software Developers.

RAEX rating agency has published the rankings of Russia’s major IT groups and companies based on the activity results of 2016. CFT occupies the second place of the ranking in the category ”Software development”.
29 May 2017

TKB Bank transfers to a new core banking system, CFT-Bank.

Transkapitalbank has successfully completed the project of implementation of CFT-Bank banking information system in its IT infrastructure. One of the targets of IT modernization was cost optimization of the maintenance of siloed core banking systems by transferring to a single technology platform.
07 November 2016

CFT in TOP-3 in CNews Analytics Rating.

CNews Analytics agency has published its annual review ”IT in Banks and Insurance Companies”, which includes a rating of major bank IT suppliers. The rating was based on the results of the activity of market participants in 2015. Center of Financial Technologies was second in the rating of Russia’s major IT developers.
13 September 2012

Dom.ru has been acknowledged the fastest Russian federal internet provider.

According to Net Index , Dom.ru telecom operator is the fastest federal internet provider in Russia. The average internet speed that Dom.ru provides to its Subscribers in 42 cities of presence amounts to 35 Mbit/sec., which is more than two times higher than the average internet speed in Russia (about 16 Mbit/sec.).

22 August 2012

Dom.ru offers a new format for services consumption – the HD.

Telecom services operator Dom.ru launches new bundled offers in all the 42 cities of presence, comprising the basic telecom services – high-speed internet, cable and HD TV, and telephony. The key characteristics of the bundles are the utmost speed of internet access (up to 100 Mbit/sec around the clock) and the highest number of HD channels in the basic Dom.ru TV package among digital TV operators (23 channels), which enables the company’s Subscribers to consume high-quality HD content in the most convenient manner – with the help of a TV set or in the internet from any video-supporting mobile device.