December 8, 2020, Moscow — Aspring Capital acted as the exclusive advisor to Uchi.ru shareholders in the sale of a 25% stake in the educational service to Mail.ru Group.
The deal was valued at 3.75 billion rubles. As part of the agreement, Mail.ru Group and the existing shareholders of Uchi.ru will have the option to exercise their rights, potentially increasing the buyer’s share in the target company.
Uchi.ru is the largest educational online platform in Russia. It offers students the opportunity to engage in various activities such as practicing core school subjects, learning coding, preparing for exams, and participating in Olympiads. The platform provides both free-of-charge and subscription-based services and boasts an impressive user base of over 8 million students and 350 thousand tutors.