Ilya Balandin
Angel Investor @ iTech Capital
Ilya Balandin is a Series B investor at iTech Capital focused on Travel and Tourism. Ilya Balandin is the Partner at PIKvc. Ilya Balandin attended Lomonosov Moscow State University (MSU).
- Total investments:
- 1
- Last investment:
- Lead investor:
- 0%
Last updated:
For AI agents: llms.txt
Industries Ilya Balandin invests in
Stages Ilya Balandin invests in
Countries Ilya Balandin invests in
Contacts
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Investment Focus
Industry
- Travel 1 (100%)
- Tourism 1 (100%)
- Hospitality 1 (100%)
- Transportation 1 (100%)
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Aviasales is the leading travel metasearch company in Eastern Europe and Central Asia — allowing users to search for air tickets, hotel accommodation and car rental.In 2021 the company achieved a gross merchandise value (GMV) of over $1.6bn and held a market share in Russia of almost 20% of all air ticket sales. During 2021 the companyattracted a series B investment round worth $43m from iTech Capital and Elbrus Capital. Since it was founded in 2007 the company now employs around 500 staff in its main offices in Thailand and Russia.In addition to its main Aviasales brand, the company also has a B2B travel technology offering including Travelpayouts (a partnership platform) and Aviastats (revenue optimisation data for airlines). | $43M / Series B / Aug 04, 2021 |
Co-Investors
About iTech Capital
iTech Capital is a global investment manager specializing in the high growth stages of internet-based businesses since 2011. The firm has two funds under management: iTech Fund I and iTech Fund II. iTech Fund II launched in 2018, invests worldwide in globally-scalable tech companies at both the critical Series A stage and beyond. The firm has 10successful exits and 2 unicorns raised - Bitfury and TradingView, and 10+ IT holdings in the portfolio. Key investment areas: FinTech, AdTech, TravelTech, BigData, MarTech, SaaS, Health Care. For more information on iTech and all its investments, visit itcap.vc
iTech Capital Contacts
| Name | Phone | Socials | |
|---|---|---|---|
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Alexander Vavilov
Investment Analyst
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Andrey Romanenko
Shareholder
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Elina Antanovich
General Counsel
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Gleb Davidyuk
Managing Partner
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Irina Smirnova
Accountant, Compliance officer
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FAQ
What does Ilya Balandin invest in?
Ilya Balandin invests primarily in Travel, Tourism and Hospitality startups, most often at Series B stage. Most of the 1 investments tracked by Shizune back companies in Thailand. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Ilya Balandin?
Public channels for Ilya Balandin include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
When did Ilya Balandin last invest?
The most recent investment recorded for Ilya Balandin closed in Aug 2021. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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