“Effective investments” was acquired by the largest aggregator of private medical institutions in the country from the Chernovetskyi Investment Group (CIG). The size of the transaction was not disclosed, but both parties note that they are satisfied with the agreement reached.
Igor Liski Head of the Board of directors spoke about the reasons for acquiring the project by the “Effective investments” group of companies.
“Efficiency in all solutions is our main value. We invest in a lot of successful projects and modernize entire industries. For the whole team and for me personally it is very important to choose projects that are capable to create. Each of our projects creates an ecosystem, enables each employee and clients to develop, expands the capabilities of Ukraine as a whole. DOC.UA is an investment in improving the quality of medical care in our country. This is also a significant step for the IT sector, in the success of which I am sure. We have acquired not only the industry leader in the Ukrainian market, we have invested in a unique team of specialists. DOC.UA will scale, its technology and team are able to improve and amaze the whole world,” shared Igor Liski.
In 2014, Chernovetskyi Investment Group (CIG) invested in DOC.UA, an online doctor search and appointment service. DOC.UA has become the largest player in the Ukrainian market in five years.
Stepan Chernovetsky, the founder of CIG and a shareholder in DOC.UA, notes: “It was not just a venture deal: we created a successful project and developed it to be the market leader. I believe that CIG and DOC.UA is one of the most brilliant examples of partnerships in business.” Volodymyr Krivko, managing partner of CIG and mentor at DOC.UA, details: “We didn’t just invest in the company that the entrepreneur created, and we created this company together: we carried out a market analysis, wrote a strategic development concept, recruited a team. In fact, DOC.UA has passed the business incubation on the CIG platform. In this project, we performed the role of not just an investor, but a full-fledged partner who provided legal support, created the product and developed the business. This is a very rare phenomenon not only in the Ukrainian market, but also in world practice.”
Sergey Kazantsev, the founder and CEO of DOC.UA, who began developing this area in 2013, emphasizes the uniqueness of the project: “The DOC.UA project has grown significantly over the past five years. Undoubtedly, now we are waiting for big calls. However, the new shareholder fully supports our company’s development strategy. In addition, the desire to scale and the values shared with the shareholder will allow the company to conquer new heights. ”
CIG received a successful exit from investments, and the Effective Investments group of companies got a productive leader of the Ukrainian market in doctors online search.
DOC.UA is an online doctor search service launched in 2014. Today DOC.UA unites more than 1,300 clinics and 7,000 doctors in 24 cities of Ukraine. The service solves problem of choosing the right specialist and quick appointment. DOC.UA is absolutely free for patients, and has no hidden charges or commissions. Users of the aggregator have the opportunity to choose a clinic or a doctor, starting from real patient reviews, prices for services, mode of operation or location of the medical center. For the convenience of patients, in March 2019, the opportunity to register with a doctor online was launched. Read more: http://doc.ua/
Effective Investments (EFI) is a group of companies founded in 2007. The corporate center of a group of enterprises carries out its activity in various branches of the economy: the pulp industry, construction, gas industry, energy, agriculture, the creative industry. Strategic business assets of the group: Zhytomyr Cardboard Factory; Ukraine Energy, company with expertise in the gas and energy efficiency industries; Beehive honey plant; Unimage animation hub; manufacturer of lumber Forest Technology; Efi Agro, specializing in the food supply; PAGL, an environmentally friendly constructors for kids; Solar Gaps, a solar-blind project; Pufetto, a furniture company. More: efi.ua
Chernovetskyi Investment Group (CIG) is one of the largest investment companies in Eastern Europe, founded in 2013, with an investment potential of more than $ 100 million. The company’s portfolio includes Ukrainian IT companies Softcube and Zakaz.ua. The latter became a member of the world-famous accelerator Techstars in Boston. In 2015, CIG invested $ 1 million in the KIDOZ (Israel) platform for children and $ 1 million in the Busfor international bus ticket service. In 2017, investments were made in the Indian service for the delivery of ready-made meals InnerChef, as well as in the company Kray Technologies, a manufacturer of industrial drones for agricultural enterprises. In 2017, CIG founded the CIG R&D Lab educational scholarship program. Read more: cig.vc