Business Angels of Uzbekistan: Who Every Startup Founder Should Know

In Uzbekistan, a community of business angels investing in early-stage technology and social startups is just beginning to form. In our review, we highlight key investors whose expertise, experience, and networks help new companies grow, attract funding, and test their ideas in the market.

Akmal Paiziev
A technology entrepreneur and business angel with over 19 years of experience in building and scaling IT companies in logistics, mobility, and digital services. Founder and former CEO of Express24, Uzbekistan’s leading delivery platform, which was successfully sold to Yandex. He invests in early-stage technology startups and actively contributes to the development of the regional startup ecosystem.

Bakhrom Abdukadyrov
A business angel from Uzbekistan investing in early-stage startups, primarily in FinTech and AI. He has consulting experience and has been engaged in angel investing for over three years, during which he has reviewed more than 100 projects and invested in over 10 local startups.

Dilmurod Khodiev
Entrepreneur and founder of C-Space, a network of coworking spaces and smart offices in Tashkent, actively supporting the regional startup ecosystem. In addition to managing C-Space, he is one of the co-founders of CS//ANGELS, an initiative supporting and investing in early-stage startups in Uzbekistan, helping founders develop their projects and receive mentoring and financial support.

Sardor Allanazarov
Venture investor and growth consultant at AloqaVentures. Specializes in evaluating early-stage startups, market research, and strategic planning, helping investors make informed decisions. He has experience in business development, sales and marketing optimization, and building processes for IT consulting and digital agencies.

Ramon Jurabaev
Technology investor and founder of the VenElite platform, which simplifies access for private investors and family offices to venture funds with low minimum thresholds and transparent terms. He actively participates in developing the startup ecosystem, serves as an advisor to several companies, and is an alumnus of prestigious business schools Harvard Business School and London Business School, where he also leads alumni clubs in San Francisco.

Umidja Kadirova
A business angel and impact investor specializing in supporting early-stage startups in Uzbekistan. She participates in angel investing through Angel Impact Investments and collaborates with the C-Space Startup Center, helping startups develop products, attract investment, and build strategic connections. In addition to her investment activities, she actively explores opportunities for women’s entrepreneurship.

Sirojiddin Olimov
A business angel and CEO of Mutolaa, a digital platform for electronic and audiobooks that promotes reading culture in Uzbekistan. He has experience working in the public sector and non-profit organizations, as well as an academic background in education. He invests in technology and educational projects with a focus on long-term social impact and scalable digital solutions.

Shukrullo Lutfullaev
An entrepreneur with many years of experience in business management and development, founder and CEO of Royaltaxi, which has provided quality transportation services since 2016, including a unique service with female drivers for female clients. He also owns and manages the Oilaviy Dorixona pharmacy chain in Fergana. He is one of the business angels in CS//ANGELS, actively supporting the development of startups in the region.

Shohida Ibragimova
An expert in financial literacy, investor, entrepreneur, and mentor, actively promoting financial education and women’s empowerment. Vice Rector of Central Asian University and founder of several educational and business projects. Shohida has helped over 500,000 people improve their financial literacy, organizes large-scale seminars and webinars, inspiring women and young entrepreneurs to achieve financial independence and invest successfully.

Umidjon Ishmukhamedov
Entrepreneur, founder of Millat Umidi University and the Millat Umidi school, as well as the company Edu-Action, and co-founder of the Uzbek version of Khan Academy Uzbek. Author of a bestseller on obtaining grants to top universities and a member of the CS\\Angels angel investment community, promoting entrepreneurship and personal growth among Uzbek youth.

Botir Arifdjanov
CEO of GEOMOTIVE, an experienced technology entrepreneur with over 20 years of experience, founder and co-founder of several successful projects in Uzbekistan, Central Asia, and Africa, including the IT academy Astrum and Khan Academy Uzbek. He actively develops educational and technology initiatives, creating opportunities for digital learning and professional skill expansion, and also participates in the management of financial and telecommunications companies.