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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Vertical
Premium quality telecom infrastructure provider -
IVI.RU
Online video service -
1C
Leader in accounting software solutions -
Center of Financial Technologies
Leader in software solutions and processing services for financial and credit organizations in Russia and the CIS -
Enforta
Leader in the Russian market of wireless broadband Internet access -
Проект завершенGlobal Telesystems
Telecommunications company, the assets of which were used as a basis for Golden Telecom. Exited in 1999 -
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 -
AVITO.RU
Online classifieds service -
Проект завершенYANDEX
Russia’s largest Internet company and leading search engine. Fully exited in 2016. -
Проект завершенCTC Media
One of Russia’s largest television stations. Fully exited in 2008