Potanin Invests $200M in Russian Tech Giant

Vladimir Potanin, a Russian billionaire, has acquired a 25% stake in Selectel, a leading IT infrastructure provider, for approximately $206 million. This investment, made through his controlled companies, including a joint venture with T-Technologies, signals Potanins growing interest in tech. He already owns a significant stake in Yandex, Russias Google. Selectels revenue surged 42% in the first nine months of 2025, indicating a promising market for tech investments amidst global tensions. Potanins move could pave the way for more substantial tech investments in Russia in the coming year. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.