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Armen SarkisyanBusinessman, founder of the S8 Capital holding and the Stoloto company
Date of Birth: .
Country:  Operator |
Content:
- Armen Sarkisyan: A Pioneer in Russia's Digital Economy
- Digital Transformation of the Lottery Business
- S8 Capital: A Hub of Digital Innovation
- Center for Technological Solutions
- Price.ru: Price Comparison and Savings
- Strahovka.ru: Comprehensive Insurance Services
- Sport24.ru: Sports News and Content
- Next Mobile: Innovative Mobile Connectivity
- Support for Russian IT Industry
- Internal Development and Innovation
- Social Responsibility
- Discrete Charitable Endeavors
Armen Sarkisyan: A Pioneer in Russia's Digital Economy
Early Beginnings and Success in the Lottery IndustryArmen Meruzhanovich Sarkisyan embarked on his entrepreneurial journey in the early 2000s, leveraging the booming lottery market. His company, Stoloto, quickly became a major player in the industry. When government lotteries were introduced in Russia in 2014, Stoloto became the official distributor, working closely with the Ministries of Finance and Sports.
Digital Transformation of the Lottery Business
Through significant investments in technology, Sarkisyan transformed the traditional lottery business into a fintech powerhouse. Currently, Stoloto ranks among the top international leaders in e-commerce revenue. To achieve this, the company developed its own IT infrastructure to handle massive data volumes and secure transactions.
S8 Capital: A Hub of Digital Innovation
Proprietary Technology SolutionsSarkisyan founded S8 Capital to develop technological solutions for diverse industries. The holding company brings together various enterprises that provide essential digital services aimed at improving the lives of Russians.
Center for Technological Solutions
The cornerstone of S8 Capital's ecosystem is the Technological Company Center. Its experts specialize in developing cutting-edge solutions based on Big Data, AI, ML, DL, and blockchain.
Price.ru: Price Comparison and Savings
With over six million monthly visitors, Price.ru is one of S8 Capital's most popular services. It allows users to compare prices, find discounts, and promo codes, saving them money on purchases.
Strahovka.ru: Comprehensive Insurance Services
Strahovka.ru aggregates offerings from leading Russian insurance companies. Customers can compare insurance products and select the most suitable options for their needs.
Sport24.ru: Sports News and Content
Sarkisyan's Sport24.ru was launched in 2018 and quickly became one of Russia's leading online sports media outlets. Even during the pandemic, when sports were largely suspended, its unique and engaging content continued to attract users.
Next Mobile: Innovative Mobile Connectivity
S8 Capital's entry into the mobile telecom market with Next Mobile was an unexpected move. As an MVNO (mobile virtual network operator), Next Mobile utilizes the infrastructure of existing carriers to provide seamless connectivity to users wherever they are in Russia.
Support for Russian IT Industry
Advocacy for IT AdvancementIn 2020, Sarkisyan participated in a meeting at the city of the future, Innopolis, where he welcomed the Russian government's measures to support the IT sector. He emphasized that these incentives would encourage innovative startups and AI-driven projects.
Internal Development and Innovation
S8 Capital maintains its own technology development centers and innovation laboratory. This allows the company to rapidly implement cutting-edge products and stay at the forefront of technological advancements.
Social Responsibility
Philanthropy and Environmental InitiativesAs a socially responsible business, S8 Capital supports various charitable, sporting, and environmental initiatives. In 2020, Stoloto collaborated with the Russian Climate Fund's "Plant a Forest" campaign, planting 32,000 trees. Price.ru and Sport24 also joined the effort.
Discrete Charitable Endeavors
Sarkisyan maintains a low profile in his philanthropic activities. However, he is known to regularly contribute to fundraising campaigns for sick children organized by the "Gift of Life" foundation.
