AKROPOL

Moscow, Russia Founded: 1994 • Age: 32 yrs Acquired By Yandex
Commercial banking services are provided in Moscow, Russia.
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About AKROPOL

AKROPOL is a company based in Moscow (Russia) founded in 1994 was acquired by Yandex in April 2021.. AKROPOL operates in a competitive market with competitors including UniCredit, Citi, Scotiabank, Bank of America and VTB Bank, among others.

  • Headquarter Moscow, Russia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Yandex

    (Apr 01, 2021)

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Funding Insights of AKROPOL

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AKROPOL

AKROPOL has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Yandex. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
An AI-enabled search engine and related digital services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AKROPOL

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AKROPOL

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Akropol Comparisons

Employees
+
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Competitors of AKROPOL

AKROPOL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UniCredit, Citi, Scotiabank, Bank of America and VTB Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are offered to corporate and financial institutions.
domain founded_year HQ Location
Expobank is engaged in providing banking services in Russia.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Akropol

Russian internet company Yandex completes Acropol Bank acquisition
Retailbankerinternational4 years ago

Frequently Asked Questions about AKROPOL

When was AKROPOL founded?

AKROPOL was founded in 1994.

Where is AKROPOL located?

AKROPOL is headquartered in Moscow, Russia.

What does AKROPOL do?

AKROPOL was established in 1994 as a commercial bank based in Moscow, Russia. Operations focus on standard banking activities, including deposit management, loan issuance, and payment processing for corporate and individual clients. The institution serves the Russian financial market, with its online presence maintained through the domain acropol.ru. Geographic emphasis remains on domestic services within Russia, supporting everyday and business financial needs.

Who are the top competitors of AKROPOL?

AKROPOL's top competitors include Citi, Scotiabank and Bank of America.

Who are AKROPOL's investors?

AKROPOL has 1 investor. Key investors include Yandex.

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