IIDF settles dispute with founder of Roomberry housing search service

At the end of June 2023, FRII Invest filed a lawsuit against Khaykin to invalidate the sale of 7% of the company for 1.5 million rubles.

• An IIDF representative previously stated that in June 2022, Khaykin sent them a letter stating that due to the current economic situation, Rumberi plans to end its activities by the end of 2022. Among the reasons, he indicated, for example, that in November the company’s contract with the main counterparty, which accounted for about 80-85% of all revenues, ended, and there was no information on the extension of the contract at that time. .
• Following this letter, in August 2022, the fund decided to “sell its 7% stake in Rumberi for 1.5 million rubles, although in 2018 it bought it for 2.5 million rubles.”
• Subsequently, the Unified State Register of Legal Entities showed that Khaikin sold 60.48% of Rumberi LLC to Kekh Ekommerts, Avito’s main legal entity. In February 2023, it became known that Avito bought 100% of Rumberi from Khaikin and his partner Valentin Bochkov (39.52%).
• IIDF also discovered that in January 2020, Khaykin established another legal entity in Moscow under the name Rumberi. The representative of the fund believes that part of the business processes were transferred to this company, and if that did not happen, the income of Tula -the main- legal entity could double.
• The IIDF did not rule out that it was “a multi-stage preparation for the withdrawal of IIDF Invest from the founders with minimal costs on the part of the founder.”