Central Asian Startups: Unpacking the Boom in Plain English

Central Asian Startup Scene: The Inside Scoop 💡🌍

Central Asia's startup ecosystem is booming. Uzbekistan is leading the charge with a nearly 90% annual growth rate, while Kazakhstan is showing solid progress at 21%. The region has even minted its first "unicorn"—a company valued at over $1 billion—Uzum, now worth $1.5 billion.

Success vs. Failure: Two Case Studies

🟢 The Winner: Uzum (Uzbekistan)

Uzum's success lies in its "super app" model, combining a marketplace, fintech services, and delivery into one seamless experience. By creating a one-stop shop tailored to local needs, they quickly gained traction. This user-first approach helped them attract around $70M in fund ...