Not long ago investment fund Target Ventures announced about several deals, among which are the Company MixVille and kids Internet-store BABADU.ru. At the moment Target Ventures acrively widens its investment portfolio, focusing at customers segment of Russian Internet.
These are mainly two types of companies:
- Trading companies, for which Internet is the main sales channel. Investments in such companies usually go to adding of working capital, improvement of infrastructure, marketing of customers` attraction and retention, IT.
- Services for end purchasers. To this group can refer both trading fields and fields at which it is possible to search and order services, tickets, ect. Various aggregators, meta-searching systems, booking systems, content projects, monetized by CPA, service of transportation services order, education, the whole customers sector.
The Fund focuses at B2B-projects and services for e-commerce.
Partner of the Fund Anton Terekhov: “We are not the Fund at seed stage, we are interested in projects, which already have earnings, and tested on practice business model. If to say about trading companies, then It seems to me that a limit, by which the company can be interesting to our Fund – is about 2 thousand orders per month.
But, it is very important to understand, that it is interesting for us to invest in “special” projects, which have some unique advantage, setting this project apart from competitors, and which is of use for customers, and, of course, which will give significant growth of the company (minimum 3-5 times per year). This advantage can be based at very different spheres, both original approach to assortment selection, and unique content, interesting marketing solutions or innovation IT-developments.
We are eager to consider investment cases in amount of $0,5-0,3M, help in search of the next rounds, and take part (at the level of experience exchange, consulting , education) in operation management of portfolio companies”.
In order to send an application for getting investments from the Fund Target Ventures, it is necessary to complete a form or send presentation of the project at email@example.com.