
Baring Vostok purchases a stake in the pharmaceutical company Kvadrat-C .
Kvadrat-C plans to use the funds for business development and marketing
Gett was founded and is managed by serial entrepreneurs. It is one of the leading global players in on-demand transportation market operating in four countries including Israel, Russia, UK and US. As the taxi industry is undergoing a structural shift with both supply and demand migrating from street hail and phone service to two-sided mobile marketplaces, Gett has an opportunity to capture the strong growth of this market. On top of that, Gett was one of the first to launch a comprehensive solution for corporate clients, which now generates a considerable portion of the company’s gross profit.