Gobi Partners visits the Youth Affairs Agency

Representatives of Gobi Partners, one of Asia’s largest venture capital funds, visited the Youth Affairs Agency. Founded in 2002, the fund has $2 billion in assets under management. Its portfolio holds more than 420 startups, eight of which have reached unicorn status — a valuation above one billion dollars. During the meeting The visitors were given a full introduction to Yoshlar Ventures, UzCombinator, StartupFest, Sherdor Games and the Agency’s other projects. The conversation covered how Uzbekistan’s startup ecosystem is being built and what it currently offers young teams. The international investors rated Uzbekistan’s startup ecosystem and its opportunities highly. The most significant outcome The fund’s representatives expressed interest in opening an office in Central Asia and in supporting promising local projects. For local startups that carries practical weight: an experienced player from the global venture market with a permanent presence in the region shortens the path between a local team and international capital. Our work with international experts from the global venture market continues.