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

News

10 January 2022

Baring Vostok invests in EdTech startup Kodland.

Kodland, an online school of programming for children, attracted $9 million in investment from Redseed Ventures, Baring Vostok, Kismet, Flyer One Venture, and I2BF Global Ventures partner Alexander Nevinsky