Revo Technologies
- Location:
- Moscow, Russia
- Year of initial investments:
- 2017
- Shareholding:
- Minority stake
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.
Revo was founded in 2012. The Company is a leading fintech company in Russia. Leveraging the latest cloud, data, and mobile technology, Revo is able to deliver instant and paperless sales financing solutions for on- and off-line retailers in Russia. Revo has successfully partnered with leading national merchants in apparel, footwear, children’s, sporting goods, travel, and health and beauty categories to provide accessible sales financing for consumers. Kari, Detsky Mir, Melon Fashion Group, INCITY, Utkonos, Ile de Beute, Thomas Cook are some of Revo’s major partners.
Other projects
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InfiNet Wireless
Russian developer and producer of broadband wireless access systems for IT infrastructure development -
Enforta
Leader in the Russian market of wireless broadband Internet access -
Проект завершенYANDEX
Russia’s largest Internet company and leading search engine. Fully exited in 2016. -
AVITO.RU
Online classifieds service -
Profi.ru
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Проект завершенElectro-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 -
Center of Financial Technologies
Leader in software solutions and processing services for financial and credit organizations in Russia and the CIS -
IVI.RU
Online video service -
Kolesa/Krisha
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ER-Telecom
Leading regional telecommunications operator providing consumer broadband and cable TV services