At a time when the world feels rapidly divided between the East and the West, the Uzbekistan has emerged as a rare middle land as a Tamirwala, the hometown of the Central Asian country, RestrictionIn a new funding round, led by China’s Tennesscent and VR Capital based in New York and London, has collected 5 65.5 million, attended by the US -based Fine Site’s capital.
The All Equity Round Tashkant Headquarters Rates to $ 1.5 billion after the amount of start-up-which announces an increase of about 30 % from a $ 1.16 billion value when it targeted the status of a unobaculation for the first time in March last year.
Founded in 2022, Ozom started his journey in Ozbakistan with an e -commerce market called theism market, and shortly after its success, Startup added Fantake with a debit card and later expanded its Express Food Delivery Service, Ozom Tizkor.
Theism currently holds more than 17 million monthly active users-half of the adult population of Uzbekistan, or about two-thirds of all smartphone users in the country-and 16,000 traders. In the first half of 2025, the startup recorded a total of 1.5 times more years, the total commercial value (GMV) was recorded at 250 million.
Its digital banking arm, Ozom Bank, launched a co -branded visa debit card in August last year with the pre -approved credit limits. The product has already released 2 million cards and is on the way to exceed 5 million by the end of the year. Meanwhile, a non -secure lender -lending business has reduced the amount of financing in Q1 by $ 200 million, which is increasing 3.4 times last year. Startup too Posted In 2024, the net revenue in Million 150 million-year-old jumps 50 %.
With a portfolio spread over e-commerce, fantasy, and digital banking, how has only been able to start for more than three years in this way-and draw the attention of global investors such as tennis?
Ozum’s founder and CEO Jejasur Jajomev attributed success to a combination of deep local knowledge and discipline implementation. They believe that understanding the country’s culture, consumer behavior, and business environment – and the pair of technical and operational skills that global companies have developed – has been important for creating a business that can measure fast and permanently.
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The beginning made its digital and physical infrastructure from the beginning to start its business in Uzbekistan. This includes determining the capacity of logistics, which has exceeded 112,000 square meters, with a storage capacity 1.1 million square feet, allowing it to process more than 200,000 orders daily.
Startup has also set up more than 1,500 pickup points in 450 cities, cities, settlements and villages in the country to enable the next day’s supply. These pickup points also allow the issuance and distribution of bank cards.
“Local skills and infrastructure in Frontier Markets give you an advantage to perform your business very quickly and measure it.”
Initially, Ozom worked on a complete operator model to enable the supply of e -commerce. Since then it has been extended that these new models have a goal to root 20-30 % of delivery. These new delivery models will also help Ozum expand its stock capping units, which are currently available for more than 1.5 million for its next day’s delivery service, which is more than 600,000 SCUs at the time of its final funding announcement in March 2024.
When he was asked what was brought to his cap table this time, Ozom’s Chief Strategy and Business Development Officer, Nichola Selznev, made a strong growth of the Tech Crunch to the Chinese investor after several quarters of discussions.
Ozum plans to expand its fantasy business by introducing a deposit product in September and has a long -term (over 12 months in maturity) for its B2C users. Startup also plans to expand your merchant base and help its current and new traders with its QR code payment processing system, expand its visa debit card program, and help new products to help small and medium -sized businesses in the country.
Similarly, Startup plans to introduce new products adding value -added services to its e -commerce business, including helping to generate advertising revenue. It is also working towards further scaling its financial infrastructure in which AI is embedded in rapid credit scoring, fraud protection and personalized consumer experiences.
In addition, Ozum plans to open its e -commerce market for international traders starting with these people in China and Turkey in September.
“We are expecting 10 to 15 percent of the border with these countries.”
The startup contains more than 12,000 people in its workforce, including blue -collar workers at its pickup points, as well as tech, engineering, and product teams in all its business verticals.
Like other such businesses, which are profitable and have multiple ways to generate permanent income over time, Ozom plans to become public in the middle period. But before, it aims to collect Series B Round $ 250- $ 300 million in the first half of 2026.
He said, Startup has collected $ 137 million so far, including the latest period.