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.
AVITO.RU

AVITO.RU

Online classifieds service. Fully exited in 2019
Location:
Moscow, Russia
Year of initial investments:
2012
Shareholding:
Minority
Exit:
Fully exited in 2019

Other projects