History

2024
FebruaryUzum Avto was launched
MarchUzum raised over $100 million, becoming Uzbekistan's first-ever tech unicorn with a valuation exceeding $1 billion

The lead investor in the Series A round was global venture fund FinSight Ventures (which has invested in Intercom, ThoughtSpot, Automation Anywhere, Toss, GupShup, Razorpay, Bumble, Rappi, Carta and others). Xanara Investment Management, an India-based firm focused on the Gulf region, joined the round as a follow-on investor. Over $50 million was raised in equity, with an additional $50 million previously secured through debt financing.

AprilUzum Tezkor expanded its operations to Bukhara, Navoi and Namangan

In Navoi, Uzum Tezkor became the first major food delivery service.

JuneUzum Bank ranked first among banking and payment service apps according to Markswebb
JulyUzum Tezkor became the country’s largest food delivery service by geographic coverage
AugustUzum Bank launched its first banking product, a Visa card, developed entirely on its own infrastructure