Baring Vostok and RTP Global are fully exiting 2GIS, a Russian provider of mapping services, to state-run lender Sberbank and O2O Holding, a joint venture of Sberbank and internet company Mail.ru Group.
Company plans on expanding further into the learning and development market
Primomiglio, Banca di Piacenza, Intesa Sanpaolo Vita, Be Shaping the Future and CRIF also take part in the round
Centerbridge Partners, which invested in the company in 2013, retains a minority stake
Company will use the proceeds to commercialise its flagship product across the US