About MegaFon
MegaFon is a company based in Moscow (Russia) founded in 2002 was acquired by USM in March 2020.. MegaFon has completed 6 acquisitions, including Gars Telecom, GetStar and InPlat. MegaFon operates in a competitive market with competitors including RocketBank, InstaBank and Easywork, among others.
- Headquarter Moscow, Russia
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Sectors
Telecommunications
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$170.81 M (USD), Debt – Conventional
Oct 30, 2018
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Investors
ING
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Gars Telecom
& 5 more
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Acquired by
USM
(Mar 30, 2020)
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Funding Insights of MegaFon
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $170.8M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Debt – Conventional - MegaFon | Valuation |
investors |
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| Jun, 2017 | Amount | Debt – Conventional - MegaFon | Valuation |
investors |
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| Apr, 2005 | Amount | Debt – Conventional - MegaFon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MegaFon
MegaFon has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include ING, Sberbank CIB and Alfa Group Consortium. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on multi-sector
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by private equity firm USM.
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Founded Year | Domain | Location | |
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Commercial banking and insurance services are provided globally by ING.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MegaFon
MegaFon has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Gars Telecom, GetStar and InPlat. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Offers short numbers for businesses
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2013 | ||||
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Acquirer processing services are handled in Russia by InPlat.
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2010 | ||||
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Mobile voice and data services are provided in Uzbekistan.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MegaFon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Megafon Comparisons
Competitors of MegaFon
MegaFon 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 RocketBank, InstaBank and Easywork, 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 |
Mobile banking services are offered through apps in Russia.
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| domain | founded_year | HQ Location |
Offers a banking front-end integrated with social media for seamless user experiences.
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| domain | founded_year | HQ Location |
An internet-first bank providing digital banking services to individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Megafon
Frequently Asked Questions about MegaFon
When was MegaFon founded?
MegaFon was founded in 2002 and raised its 1st funding round 1 year after it was founded.
Where is MegaFon located?
MegaFon is headquartered in Moscow, Russia.
What does MegaFon do?
MegaFon was established in 2002 and is based in Moscow, Russia. Operations are conducted in the telecommunications sector, where cellular networks, mobile communications, and wireless internet access are delivered to subscribers. Coverage extends across Russia, supporting voice, data, and broadband services for residential and business users. The company maintains infrastructure for reliable connectivity in urban and rural areas.
Who are the top competitors of MegaFon?
MegaFon's top competitors include RocketBank, InstaBank and Easywork.
How many acquisitions has MegaFon made?
MegaFon has made 6 acquisitions, including Gars Telecom, GetStar, and InPlat.
Who are MegaFon's investors?
MegaFon has 4 investors. Key investors include ING, Sberbank CIB, Alfa Group Consortium, and USM Group.
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