2GIS and Sberbank close their deal

Sberbank has closed the deal covering investment in the development and acquisition of a controlling stake in 2GIS, a leading Russian company creating digital maps and city guides with 50 mio users in Russia, CIS, and other countries, website of the bank reports.

Maxim Blinov / RIAN
Maxim Blinov / RIAN

As a result of the deal, Sberbank’s stake has reached 72%, while the share of the Group mobility and foodtech JV has reached 3%, with the founders and top managers retaining a 25% interest in the company. Investment funds Baring Vostok and RTP Global have completely divested the 2GIS asset.

Sberbank and 2GIS have finalized a two-year road map for their mutual projects, seeking to develop the technological platform, products, and services that make users’ life simpler and help businesspeople run their companies.

2GIS has started working with the bank’s ecosystem companies and entities of the O2O JV with Group, with the very first integrations being 2GIS options allowing to book a Citymobil cab, learn the price of the ride, and order takeout through Delivery Club.

The top priorities span further development of the mapping platform, which should help enhance ecosystem services and create new products; launch of new features inside 2GIS, including a marketplace; creation of programming tools allowing to utilize 2GIS data and maps in other mobile apps and services.

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