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  1. Home
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  3. Alex Chachava
Alex Chachava's picture

Alex Chachava

Managing partner
LETA Capital
Country or state 
Russia
Available to 
Global
Fee 
Ask for pricing
Languages 
English
Volunteer
No

Personal Details

Bio

Alex Chachava was born in 1979 Alex graduated Moscow National University of Food production, with the software engineer degree. In 1999-2003 Alex worked in IDES "Computerra", and then - in RBC media holding at a position of the leading analyst. He participated in the organization of the first IPO in the IT market and media – RBC. That IPO also became the first in the history of Russia public capital raising in domestic market. Further he participated in realization of M & A strategy of RBC. In 2003 Alex became the co-founder of the LETA company which was included subsequently into 50 largest IT companies of Russia. In 2005 Alex headed the Russian representation of the international company ESET entering in First 20 the largest developers in the field of information security. ESET NOD32 antivirus for some years became one of leaders of the Russian market, having taken the second place from shares about 30%. Now the ESET Russia company is included into LETA Group, is the world's largest partner of ESET and exclusively develops ESET business in 11 countries, most successfully developing in Russia, India and Kazakhstan. For today the company has more than $40 million annual revenue, and the Mr. Chachava remains it majority owner. In 2008 in connection with acceptance of new strategy of development Alex created LETA Group holding and took President position. He acted as the investor in a number of successful IT projects which then were included into LETA Group holding. For 3 years, despite crisis, the revenue structure significantly changed and the rate of return grew more than twice. The Damask and Group-IB companies which have included into LETA Group, became leaders in the segments of the market in Russia – electronic turns and investigation a cyber crimes respectively. Capitalization of LETA Group grew for 3 years several times and made more than $100 million, and Alexander Chachava became the main owner of the company. In 2012 he initiated of the basis of corporate venture IT fund LETA Group Investment&Venture. Investments into technological startups became strategy of fund. Already to the middle of 2012 in a portfolio of LETA GIV there was 3 well-known startup, the winner of numerous competitions: Displair, Budist.ru and RedHelper.

Current position (3)

Managing partner

LETA Capital

Investor & Adviser

Displair

President

LETA Group

Presentations

Past talks (2)
Round Table: Creating new cybersecurity solutions
Cyber Security Challenge 2015
Moscow, Russia
October 14, 2015
PRIVATE EQUITY AND VENTURE CAPITAL INVESTING – CEE REGIONAL SPECIFICS
II Central and Eastern European Investment Conference
Moscow, Russia
April 21, 2013
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Books & Articles (1)

Why Are Russian Investors Increasingly Investing in Israeli Start-Ups?

Expertise (12)

Business
Media & Marketing
ICT New Media Innovation Creativity Communication PR Networking Venture capital markets Market infrastructure
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