Uzum raised $114M in a Series A funding led by FinSight Ventures to expand its fintech and e-commerce business in Uzbekistan.
Uzum raised $114M in a Series A funding led by FinSight Ventures to expand its fintech and e-commerce business in Uzbekistan.
03/26/24, 5:12 AM
Location
toshkentMoney raised
$114 million
Industry
grocery
e commerce
Round Type
series a
Investors
Uzum’s Senior Management, Xanara Investment Management, Fin Sight Ventures
Uzum, an e-commerce startup in Uzbekistan, raised $114 million in a Series A funding round led by FinSight Ventures, with participation from Xanara Investment Management and Uzum’s senior management. The funding will be used to expand its fintech business with plans to launch new products for unsecured lending and to enhance the infrastructure of its e-commerce arm.