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 Technologies

Revo Technologies

Location:
Moscow, Russia
Year of initial investments:
2017
Shareholding:
Minority stake

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

News

19 February 2019

Media Statement.

Elena Ivashentseva, Senior Partner at Baring Vostok Capital Partners, took part in a session of the Russian Union of Industrialists and Entrepreneurs’ International Council for Cooperation and Investment. The ad hoc session of the committee was chaired by Alexander Shokhin to discuss the arrest of Michael Calvey and his colleagues.
18 February 2019

Press statement.

In light of recent events, Baring Vostok Capital Partners (BVCP) announces that it continues to conduct business as usual, and that Senior Partner Elena Ivashentseva and Co-Founder Alexei Kalinin have jointly taken on the responsibilities of leading BVCP.
17 February 2019

Press statement.

Baring Vostok Capital Partners comments on inaccurate media reports.
16 February 2019

Press statement on outcome of court hearing.

Yesterday the Moscow Bassmaniy Court extended its hearing to decide on pre-trial restrictions for Michael Calvey, while leaving him under detention for an additional 72 hours.
15 February 2019

MEDIA RELEASE.

Baring Vostok believes that the detention of its employees and the charges that have been brought are a result of a conflict with shareholders of Vostochniy Bank.
15 February 2019

MEDIA RELEASE.

Yesterday, four Baring Vostok employees, including Michael Calvey, were detained by authorities in Moscow.