Electro-Com
First operator in the Russian market of telecommunication services providing consumers with access to Internet, telephone and digital television through electric networks. Fully exited in 2012
Projects
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.
Other projects
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ER-Telecom
Leading regional telecommunications operator providing consumer broadband and cable TV services -
Center of Financial Technologies
Leader in software solutions and processing services for financial and credit organizations in Russia and the CIS -
Revo Technologies
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Проект завершенGolden Telecom
Leading digital telephone communication operator and Internet access provider in Russia and Ukraine (now a part of Vimpelcom). Fully exited in 2007 -
Sorsdata
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IVI.RU
Online video service -
AVITO.RU
Online classifieds service -
Skyeng
Online education platform, which specializes in English teaching -
Проект завершенYANDEX
Russia’s largest Internet company and leading search engine. Fully exited in 2016. -
Проект завершенFGI Wireless
Pioneer in cellular communications in Russia. First Russian company to conduct an international IPO in 1996 (as Vimpelcom)