The owners of the Razvivay.RF platform for selecting financial services for companies, VK and the investment fund VEB Ventures, have increased their participation in the project. According to the Unified State Register of Legal Entities, noted by RB.RU, Alisher Usmanov’s USM structure dropped out of the list of participants, its share was distributed between VK and VEB Ventures.
Experts suggested that the withdrawal of the USM structure was most likely associated with Usmanov’s sanctioned status, calling it a “logical action.”
Changes in Razvitie.ru LLC, the legal entity Razvivay.rf, were registered on February 21, 2023. Since then, 52.94% belongs to VK LLC, 47.06% to Web Ventures LLC (they previously owned the 45% and 40% respectively). From among the participants came OOO “Kometrika”, which previously owned 15%.
Kometrika is 100% controlled by Forpost LLC, which is owned by Yuesem Telecom LLC (part of Alisher Usmanov’s USM holding company).
VEB Ventures, as it became known in July 2022, was going to stop investing in startups and was negotiating the transfer of its assets to the management of other structures.
RB.RU sent applications to VEB Ventures, VK and USM.
- VK (then Mail.ru Group) and VEB Ventures launched the Razvivay.rf platform for selecting financial services for businesses in November 2019. The platform is engaged in “search for loans, guarantees and other financial services” and collects offers from the major banks and development organizations in one place. It presents the products of the subsidiaries and partners of VEB.RF and its partners: VEB Ventures, VEB Infrastructure, SME Bank, SME Corporation and others.
- The Razvivay.rf website still says that this is a joint project of VEB Ventures, VK and Kometrika.
“Kometrika, one of the ultimate beneficiaries of which is Alisher Usmanov, is likely due to the latter’s sanctioned status for the number of participants in Razvitay.rf. In this situation, an exit from this asset seems to be a completely logical and understandable action, since Razvivay.rf is currently at the stage of its development and a change in the composition of the participants at this stage is quite common,” he says. Emil, partner of the Intercessia Yusupov law firm.
According to him, a 15% stake is not significant and he does not have a blocked status, which does not allow him to have a significant impact on the decisions the company makes. Yusupov suggested that the transaction price is comparable to the amount of funds invested by the participant when the project was launched.
Author:
anastasia mariana
Source: RB
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