Central Federal District of the Russian Federation
119017 Pyatnitskaya St., 37, floor 2, room I, lump.1, office 56
Instamart – the player of the Russian fudtech-market.
2019: Investments from SBT Venture Fund II
On August 13, 2019 Sberbank reported that the Fort Ross Ventures management company invests in Instamart – one of leaders of the Russian fudtech-market. The company is engaged in development of a technology platform for the product delivery of a power supply and essential goods.
Fort Ross Ventures signed the agreement with the shareholder of Instamart company Lev Hasis on converting of all stocks owned by it in individual share in SBT Venture Fund II Fund. Thus, Lev Hasis became one of investors of Fund, and SBT Venture Fund II Fund – the shareholder of Instamart company.
| ||We are glad to make this investment. Instamart is the successful Russian company which quickly grows in actively emerging market of the goods delivery and food. We are impressed with achievements of a command and we will help their development in the Russian market,|
told Victor Orlovsky, the managing partner of Fort Ross Ventures
| ||Partnership with Sberbank opens access to all ecosystem of services before Instamart and creates interesting perspectives for their integration with our technology platform. The synergy with Sberbank gives to Instamart an opportunity to become the leader of the product delivery by 2020,|
noted Pyotr Fedchenkov, the founder of Instamart company