Innova is a leading PC publisher of predominantly MMO titles that was founded in 2006 to service the Russian and CIS markets. Given its focus on building communities through its publishing platform, 4game, Innova has grown rapidly over the years and built a very loyal audience.
Agnitio established a close relationship with the founder and majority shareholder, Georgy Chumburidze, and over time acquired a minority stake in the business (and Shum Singh joined the board). Agnitio advised Innova on the sale of the business to Enad Global 7 for €110 million in April 2021 (more than doubling Agnitio's initial investment).
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