DST Global
Investor - Venture Capital
Overview
DST Global is an investment arm of Mail.ru Group, specializing in private equity and venture capital investments in late venture and later stage stages. The firm is has invested in Europe, Asia, North America, and Latin America, and is based in Moscow, Russian Federation.
Country: Russian Federation
Founded: 1999
Headquarters: Moscow, Russian Federation
Investment Strategy
Geography
- North America
- Latin America
- Europe
- Asia
Sector Focus
- Marketplace Lending
- WealthTech
- Payments and Remittances
Investment Stage
- Later Stage Venture
- Growth Stage
- Series C
- Series D
Summary
DST Global is an investment arm of Mail.ru Group specializing in private equity and venture capital investments in late venture and later stage stages, typically investing in companies valued at at least $500m.
The company was founded by Yuri Milner, and after building Mail.ru Group, DST gained international recognition through its investments in Facebook, Zynga and Groupon. A notable investment came in January 2016, where it took part in an investment round in Chinese company Meituan-Dianping which was valued at $3.3bn. At the time this was the largest single funding round in FinTech history.
It has had a several large funds for investment in recent history, the latest being DST Global Fund V, which was announced in 2015 and totaled $1.7bn.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country
Nubank
Series D
Founders Fund
WealthTech
Brazil
Meituan-Dianping
Series F
Baillie Gifford
Payments & Remittances
China
Koudai Gouwu
Series C
Tencent
Payments & Remittances
China
Lending Club
Venture
Coatue Management LLC
Marketplace Lending
United States
Klarna
Series C
General Atlantic
Payments & Remittances
Sweden
Funds Raised
Vintage
Fund Name
Amount
DST Global Fund V
$1.7bn
DST Global Fund IV
Undisclosed
DST Global Fund III
$1bn
DST Global Fund II
$1bn
DST Global I
Key Employees
Yuri Milner
Founder
Saurabh Gupta
Managing Partner
Tom Stafford
Managing Partner
Rahul Mehta
Managing Partner
