Kismet Acquisition One Corp focuses on acquiring, engaging in a share exchange, share reconstruction and amalgamation, contractual control arrangement with, purchasing all or substantially all of the assets of, or engaging in any other similar initial business combination with one or more businesses or entities.

It intends to focus on the telecommunications infrastructure, internet and technology, and consumer goods and services sectors operating in Russia.

The company was founded in 2020 and is based in Newark, Delaware.