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Uzbekistan's Uzum Secures $130M Boost from Oman Funds at $2.3B Valuation, Ushering Central Asia into Global Startup Spotlight

Andrew LeeAndrew Lee2h ago

Uzbekistan's Uzum Secures $130M Boost from Oman Funds at $2.3B Valuation, Ushering Central Asia into Global Startup Spotlight

Uzbekistan's premier digital super app Uzum has closed a strategic funding round exceeding $130 million.

Led by sovereign wealth funds from Oman, the investment propels Uzum to a staggering $2.3 billion pre-money valuation, cementing its status as the country's first unicorn.

Uzbekistan Enters the VC Funding Chat

This development spotlights Uzbekistan's rising prominence in Asia's startup funding landscape, as noted in recent industry roundups.

Uzum's ecosystem encompasses e-commerce, digital banking, marketplace, and on-demand delivery, serving over 20 million users nationwide.

Just seven months prior, in August 2025, Uzum raised $65.5 million at a $1.5 billion valuation, demonstrating explosive growth.

Impacts on Central Asia's Tech Ecosystem

The fresh capital will fuel Uzum's expansion, enhancing services and infrastructure to drive digital adoption in Uzbekistan.

Uzbekistan's startup scene has evolved rapidly, bolstered by government reforms, improved internet access, and a young tech-savvy population.

Other notable deals this week include China's Zeron smart truck firm bagging $174 million and regional player Jazz.

Future Prospects for Regional Innovation

Analysts foresee a surge in Central Asian unicorns as investor confidence builds in untapped markets like Uzbekistan.

Uzum aims to integrate advanced AI features and venture into neighboring countries, reshaping regional fintech dynamics.

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Published On: 2026-03-14 @ 09:30:53 (2 hours ago)

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