{"id":18142,"date":"2021-06-17T10:01:29","date_gmt":"2021-06-17T08:01:29","guid":{"rendered":"https:\/\/mci.pl\/?p=18142"},"modified":"2021-06-17T10:01:29","modified_gmt":"2021-06-17T08:01:29","slug":"mci-techventures-and-mci-creditventures-complete-exit-from-pigu-the-leading-e-commerce-platform-in-the-baltic-countries","status":"publish","type":"post","link":"https:\/\/mci.pl\/en\/mci-techventures-and-mci-creditventures-complete-exit-from-pigu-the-leading-e-commerce-platform-in-the-baltic-countries","title":{"rendered":"MCI.TechVentures and MCI.CreditVentures complete exit from PIGU \u2013 the leading e-commerce platform in the Baltic countries."},"content":{"rendered":"<p>MCI.TechVentures 1.0 (\u201eMCI.TV\u201d) sold all of its shares in UAB Pigu (\u201ePigu\u201d), to Mid Europa Partners.<\/p>\n<p>MCI.Techventures invested in Pigu in 2015, purchasing 51% of the shares (including secondary and primary shares). During MCI.TV investment the company\u2019s revenues increased several folds and the company reached full profitability.<!--more--><\/p>\n<p>Besides the capital increase, MCI.TV supported the company in refocusing its market strategy, cost optimization and customer acquisition strategy, development of logistic operations and warehouse automation. Thanks to regional presence of MCI, Pigu has gained access to a wide network of suppliers and producers, that led to a more competitive offer for its clients. In 2020, Pigu has launched the first e-commerce marketplace in the Baltic countries.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><u>About MCI<\/u><\/strong><\/p>\n<p>MCI is one of the largest technology investment funds in the region of Central and Eastern Europe, dedicated to digital private equity. MCI funds manage over EUR 550 million, investing capital in the areas of: pure internet companies (digital disruptors), companies undergoing digital transformation and digital infrastructure. In over 20 years of history, the funds have carried out more than 100 investments and 60 exits. MCI aims at building regional digital champions. The Fund was involved in, among others, Mall.cz (e-commerce, Czech Republic), WP.pl (digital media, Poland), Invia (e-travel, CEE), Dotpay\/eCard (fintech, Poland) and iZettle (fintech, global).<\/p>\n<p>More information about MCI can be found at www.mci.eu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MCI.TechVentures 1.0 (\u201eMCI.TV\u201d) sold all of its shares in UAB Pigu (\u201ePigu\u201d), to Mid Europa Partners. MCI.Techventures invested in Pigu in 2015, purchasing 51% of the shares (including secondary and&#8230;<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"protect_children":false,"inline_featured_image":false,"footnotes":""},"categories":[57],"tags":[],"class_list":["post-18142","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"MCI.TechVentures 1.0 (\u201eMCI.TV\u201d) sold all of its shares in UAB Pigu (\u201ePigu\u201d), to Mid Europa Partners. MCI.Techventures invested in Pigu in 2015, purchasing 51% of the shares (including secondary and primary shares). During MCI.TV investment the company\u2019s revenues increased several folds and the company reached full profitability. Besides the capital increase, MCI.TV supported the company\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"A_Kulas\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/mci.pl\/en\/mci-techventures-and-mci-creditventures-complete-exit-from-pigu-the-leading-e-commerce-platform-in-the-baltic-countries\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Grupa MCI - Wiod\u0105cy inwestor technologiczny na rynkach Wschodz\u0105cej Europy\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"MCI.TechVentures and MCI.CreditVentures complete exit from PIGU \u2013 the leading e-commerce platform in the Baltic countries. - Grupa MCI\" \/>\n\t\t<meta property=\"og:description\" content=\"MCI.TechVentures 1.0 (\u201eMCI.TV\u201d) sold all of its shares in UAB Pigu (\u201ePigu\u201d), to Mid Europa Partners. MCI.Techventures invested in Pigu in 2015, purchasing 51% of the shares (including secondary and primary shares). During MCI.TV investment the company\u2019s revenues increased several folds and the company reached full profitability. 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