Hive LLC (owned by VimpelCom) acquired 16.4% of the test preparation service New School. The amount and other details of the transaction are not disclosed, writes Kommersant. At the beginning of 2023, the co-founder of the company Timur Safin, in an interview with TAdviser, reported that the service attracted 67 million rubles in investments; The composition of the investors was not disclosed.

VimpelCom became co-owner of the “New School” exam preparation service

Novaya Shkola LLC’s revenue for 2022 is 3.2 million rubles, the net loss is 4.15 million rubles. 39.7% of the authorized capital belongs to its founder and general director Albert Fatkhutdinov, 33.5% to Timur Safin and 10.4% to Arkady Dudin.

The publication’s interlocutor on the educational technology market described the “New School” as a “niche project.” He suggested that the children’s segment of online education is not a priority for VimpelCom, so the company invested in the project with minimal losses to the fund.

This is not Hive’s first deal in the last month: previously the structure acquired 25% of the developer of the pricing automation platform KeepRise, 12% of the operator of the corporate education platform Kampus, 10% of the cloud solutions for restaurants. Restilk and received a majority stake in marketing service Callibri.


Karina Pardaeva

Source: RB

Previous articleSteam no longer supports older versions of macOS
Next articleTikTok celebrates victory: Blocking in US state suspended by high authorityApps16:06 | 01 December 2023
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here