Peter is an experienced entrepreneur with a focus on consumer retail and technology. In 2013, he co-founded Instamart, the largest venture-backed online grocery delivery operator in Russia. Instamart has attracted $10m of investment from Mail.Ru Group (LSE:MAIL), a former Vice-President of Wal-Mart and Vice-Chairman of Jet.com and others.
In 2017, he co-founded and became CEO of INS, a global distributed online manufacturer-to-consumer platform, which enables consumers to purchase directly from manufacturers without the intermediation of retailers and is powered by a self-regulating community of shoppers and manufacturers.
Prior to Instamart and INS, Peter was a private equity professional with the Internet & Technology and Retail practices of Baring Vostok Capital Partners, the leading growth equity fund in Russia and the Commonwealth of Independent States (CIS) with over $3.7bn AUM. Previously, he was an investment banker with Credit Suisse and Goldman Sachs.
Peter teaches a retail specialization class in the bachelor’s degree program at the Stockholm School of Economics in Riga. He is a frequent speaker at business and retail conferences organized by Harvard Business Review, Russian Retail Week, Efficient Consumer Response and others.
Peter holds an MBA from Harvard Business School and a Specialist degree in Mechanics & Applied Mathematics with High Honors from the Moscow State University.