/PRNewswire/ — Uzum(the «Société»), the leading digital ecosystem of l’Ouzbekistanis pleased to announce the closing of a strategic investment of more than $130 million, anchored by the sovereign entities of the Sultanate d’Oman («the Investor»).
Grapes
The transaction combines primary equity and structured capital and establishes a pre-money valuation benchmark of $2.3 billion, with conversion conditions tied to the company’s next round of qualified financing. This investment marks an important milestone compared to Uzum’s previous financing rounds and significantly strengthens the company’s positioning ahead of its Series B round.
The transaction also includes participation from existing international shareholders VR Capital, Tencent and FinSight Ventures, demonstrating international confidence in Uzum’s long-term growth and Uzbekistan’s expanding digital economy.
The capital will be used to accelerate Uzum’s next phase of growth across its core verticals – e-commerce, digital banking, payments and consumer lending – with a focus on expanding product range, strengthening infrastructure and improving access to digital services across the country. Uzum has built a fully integrated ecosystem combining commerce and fintech on a national scale. Its platforms – including Uzum Market, Uzum Tezkor, Uzum Bank and Uzum Nasiya – are used by more than 20 million people, more than half of Uzbekistan’s population.
The whole world is convinced of the growth of Uzbekistan
The Investor brings long-term regional expertise and a strong focus on high-growth consumer and technology markets. This partnership reflects growing international interest in Uzbekistan, one of the world’s most attractive emerging digital economies.
“This investment is an important support for Uzum’s strategy and Uzbekistan’s digital potential,” said Djasur Djumaev, founder and CEO of Uzum.
“We are focused on building a national-scale, technology-driven infrastructure that is open to all and designed for everyday use by millions of people and businesses. The investor’s support, alongside our existing global shareholders, gives us strong momentum as we prepare for Series B and continue to grow our ecosystem.”
Uzum was advised by DLA Piper for this transaction. The Investor was advised by Greenberg Traurig.
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