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Sapato.ru

Company

Russian shoe online store.

Owners:
Intel Capital
Privat-Trade (KupiVIP.ru)

Content

Owners

+ Privat-Trade (KupiVIP.ru)

Sapato.ru is the first project of Fast Lane Ventures company.

Performance Indicators

In a year since launch - by May, 2011 - turnover of shop made 2.8 million dollars. According to the company, number of regular customers of online store - more than 100 thousand.

History

2011

On June 9, 2011 it became known that Sapato.ru attracted investments in the amount of 12 million dollars from Intel Capital investment fund and also former investors - Direct Group, eVenture Capital Partners, Kinnevik.

According to the results of a new round of investments most of which part is made by Intel Capital the volume of investments in the project started in June, 2010 was 20 million dollars. The shop intends to aim the received funds at the development of customer service and a new marketing campaign.

"The last years the latest technologies became a key factor of development of Russia. The last investments of Intel confirm our interest in this country and readiness to support the innovative companies", - Arvind Sothani, the president of Intel Capital fund and the vice president of Intel company said. According to the managing director of Intel Capital in the region of EMEA Marcin Hejka, online trade in footwear - well proved business model, and the Russian market of e-commerce remains one of the most fast-growing in the world. The vice president and the CEO of Intel in EMEA Christian Morales adds that investments into Sapato.ru are the first experience of Intel Capital in the field of the Russian e-commerce.

According to the CEO of Fast Lane Ventures Marina Treshchova, the purpose of the new investor - to turn the financed projects into market leaders.

2015

The Ozon online store signed the provisional agreement about sale of the shoe marketplace Sapato.ru purchased in 2012. The website KupiVIP became the buyer, Vedomosti with reference to participants of the transaction reported.