Hayot Ventures and RS Bootcamp signed a memorandum of cooperation to develop startups in Central Asia
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The Kazakh venture studio RS Bootcamp and the Uzbek fund Hayot Ventures have signed a memorandum of cooperation. The partnership aims to support startups in the fields of FinTech, AI/ML, and other technologies with investments ranging from $10,000 to $150,000. The parties plan to jointly select projects, organize pilot implementations in Hayot Holding companies, and assist businesses in entering the markets of Uzbekistan and Kazakhstan.
The Kazakh venture studio RS Bootcamp and Hayot Ventures, the investment arm of the Uzbek holding company Hayot, have signed a memorandum of cooperation. The partnership aims to develop technological entrepreneurship in Central Asia, support promising startups, and create new opportunities for them to enter the corporate market in Uzbekistan.
Hayot Ventures is a pre-seed venture fund created within the ecosystem of the Hayot holding company to invest in early-stage technology companies and develop innovative projects.
The Hayot holding company unites businesses from various sectors of the economy, including the financial sector and Hayot Bank. Thanks to this, cooperation with Hayot Ventures can provide startups not only with access to venture capital but also with the opportunity to interact with companies from a large corporate group, test their solutions in real business environments, and launch potential pilot projects.
Hayot Ventures considers investments ranging from $10,000 to $150,000 and focuses on projects in such areas as FinTech, AI/ML, EdTech, HealthTech, SaaS, AgriTech, DeepTech, as well as other promising technology segments.
Cooperation with RS Bootcamp will expand the search for promising teams beyond Uzbekistan and create an additional channel of interaction between the startup ecosystems of the two countries.
RS Bootcamp brings to the partnership experience in working with corporations, conducting acceleration programs, and preparing startups for investment. The parties plan to combine the investment opportunities of Hayot Ventures, the corporate infrastructure of the Hayot holding company, and the expertise of RS Bootcamp in working with technology teams.
Under the memorandum, the parties plan to:
— jointly search for and select promising startups from Uzbekistan, Kazakhstan, and other Central Asian countries
— identify technological solutions that may be in demand by companies within the Hayot holding
— create opportunities for launching pilot projects between startups and companies of the holding
— consider the most promising projects for investment by Hayot Ventures
— facilitate the entry of startups into the markets of Uzbekistan and Kazakhstan
— exchange expertise and jointly develop the venture and innovation ecosystem of Central Asia.
Anuarbek Lensat, CEO of RS Bootcamp
We see how quickly the startup communities of Kazakhstan and Uzbekistan are growing, and we are confident that together they are stronger. The memorandum with Hayot is a step toward enabling strong teams to work with large businesses on both sides of the border.
Said-Yakhe Mirmansurov, Director of Hayot Ventures
For Hayot Ventures, it is important not just to invest in promising teams but to create opportunities for their real growth. As part of the Hayot holding, we can combine venture capital, corporate expertise, and access to the group's business infrastructure. The partnership with RS Bootcamp expands this model beyond Uzbekistan and helps us build closer ties between the startup ecosystems of Central Asian countries. We want strong technology teams in the region to receive not only investments but also opportunities for piloting, scaling, and entering new markets.
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