Aspring Сapital News

Aspring Capital advised on sale of Uchi.ru, the largest Russian educational online-platform

08 Dec 2020, Moscow – Aspring Capital acted as an exclusive advisor to Uchi.ru shareholders on the sale of a 25% stake in the service to Mail.ru Group. 

Mail.ru Group purchases a 25% stake in Russian educational service for students Uchi.ru. The deal value is equal to RUB 3,75 billion. Under the agreement Mail.ru Group and current shareholders of Uchi.ru will have a right to exercise options and as a result increase the buyer's share in the target.

Uchi.ru is the largest Russian educational online-platform, which enables students to practice core school subjects, learn to code, prepare for exams or participate in olympiads free of charge or on a subscription basis. More than 8 million students and 350 thousand tutors use Uchi.ru.

Link to the official press release
Get more on the story in Forbes and Vedomosti

Transaction Team
Sergey Airapetov, Partner
Anton Fedotov, Associate.