Venture market news

Our startup manager, Madina Rakhimzhanova, acted as a jury at the fourth season of Accelerate Prosperity's Prosperity Cup incubation program held in Bishkek

BILLZ, a leading startup in retail automation and financing services for SMEs in Central Asia, proudly announces the addition of renowned investor Evren Ucok to its board

This 12-week program helps early-stage startups develop from idea to first sales

Sharing the latest updates on some of our portfolio startups

It is believed that online marketplaces are one of the most promising ecommerce industries for making money. Another plus of this business model is that a marketplace removes from the seller the issues with delivery, communication with the customer, and settlement of problems with orders. But at the same time, a marketplace can face a number of legal risks, which it is important for a startup to take into account at the very beginning of its business operations

Tajikistan is confidently moving towards economic growth and strengthening its position in the international arena

Activat VC's COO, Meirzhan Yessimkhanov, visited GITEX GLOBAL Largest Tech & Startup Show in the World, held in Dubai

The Tech's Telegram channel hosted an online pitch where startups from Central Asia presented their projects. The jury included our Investor Relations Manager, Anuar Lenzat

Almost 25,000 people took part in the forum. These were IT companies, venture capitalists, business angels and startups, as well as representatives of specialized ministries. Activat VC was presented at the exhibition, where startups could familiarize themselves with our approach to investment and talk about their projects. We took a note of some of them). Demo Day of Astana Hub and Google for Startups - Silkway Accelerator program was held within the framework of the forum, where startups could present their projects to venture investors. The startup Zypl.ai, one of whose investors is Activat VC, participated in the event.

Last November, we told you about the startup Zypl.ai, in which our holding company invested. Azizjon Azimi's brainchild is actively developing in the markets of Tajikistan and Uzbekistan. Here is the latest news: Asia Alliance Bank, the largest financial player in Uzbekistan, has started cooperation with Zypl.ai, which allows to automatically check borrowers using machine learning algorithms, and thus significantly reduce the probability of loan default.

In my venture practice, I often encounter both startups and investors misunderstanding one nuance that sometimes becomes an obstacle to investing in startups. The point is that many people believe that when an investor invests large sums of money in a startup, and the startup investor himself, of course, cannot invest comparable amounts, then at that moment the investor should automatically become the owner of a larger stake in the company.

EasyTap startup founded in December 2021 by Magzum Tolesh and Temirlan Kabylbekov closed a pre-seed round at a valuation of $3 million for $270k. Activat's investment in the project was at an early stage at a valuation of $500k. Thus, the increase in invested funds is estimated at 6 times.