At the time when the world was felt divided into the east and west, Uzbekistan appeared as a central ground, as the Central Asia marriage, VineIt has been raising $ 65.5 million on new counter fund co-LED by the Capital VR China and New York- and London based on London, with participation from US based marketing capital.
All-Equity Round brings post-headed supply-headup assessments for $ 1.5 billion – almost 30% jump from $ 1.16 billion revealed when The first unicorn status In March last year.
Founded in 2022, Uzume started the trip in Uzbek’s market called UZUL market called UZUM market, and shortly after successful, then expanded the delivery service.
Now you have more than 17 million active users – almost half of the Uzbekistan adult population, or about two-thirds of all smartphones users in the country – and 16,000 traders. In the first half of the 2025, the start of recorded $ 250 million in the gross trading value (GMV), almost about 1.5 years ago.
Digital Banking Sleeve, Uzum Bank, Launded Debit Visa Debit Card Visa approved with the approved credit limit in the year of August last year. The product has been issued 2 million cards and is in violation of 5 million per year. Meanwhile, the loan business that is not guaranteed to the UZUM hit $ 200 million for volume funded in Q1, grow 3.4 times from the same time last year. Beginning also Posted $ 150 million in net income at 2024 – jumping 50% years.
With a portfolio of spanning e-commerce, ftech digit, and digital banking, how was the first three years of age to give a scratching a global investor as he pending?
Uzum Foreder and CEO Djumaev Atrtributes success for local knowledge and disciplinary execution. He believed to know the culture of the state, consumer behavior, and business environment – and pairs of developed technical and operational expertraders – it has been critical to build a fast and fast building.
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Startup build digital and physical infrastructure from the beginning to kick businesses in Uzbekistan. This includes adjustic capacity that grows from 112,000 square meters, with storage capacity 1.1 million square feet, so process more than 200,000 orders daily.
Startup has also set up more than 1,500 selection points in 450 cities, city, settlement, and villages in the country to resubmit. This pick point also allows published and distribution of UZUM Bank card.
“Betting on local expertise and infrastructure in the home market provides advantagers to make and scale business rapidly,” Djumaev is rapidly, “DjumAV tells Techcrunch with exclusive interviews.
Initially, the Uzum operated in the by-operating model that has been carried out to enable e-commerce posts. It has begun to include-shouting and delivery options, with route purposes 20-30% post through this new model. The new delivery model will also help you to expand the fixed units, which is now more than 1.5 million available for the delivery service today, over 600,000 SKUS.
When asking what to the table of this table is this time, the Uzzy Agreement, and the Nikolay Blood, tells the Tech Tech Metram to come some discount quarters that are still conducted.
Uzum is planning to grow Fulcech business growing in September and long-term products (more than 12 months of credit, and build new products to support small and mediums in the country.
In addition, the startup plan to introduce new products to improve the value added to the value of e-commerce business, including which helps you generate advertising profits. It can also work on further financial infrastructure scaling and increasingly in scarf credit, fraud protection, and personal user experience.
Furthermore, Uzume plan to open the e-commerce market for international traders, starting with the people in China and Turkey in September.
“We hope 10 to 15% of cross-border activities that come from the countries,” SecYeznev said.
Startup has more than 12,000 people in labor, including a blue collar laborer in the choice points, as well as technological technology, and products in all retirements.
The same as other businesses, the profits and have many ways to produce continuous income over time, Uzume has a public planning in a simple runner. But before that, the purpose of adding a series B at $ 250- $ 300 million in the first half of 2026.
He said, Introduction should raise $ 137 million equity, including the latest round.