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.
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.
Author:
Karina Pardaeva
Source: RB
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