The startup from Uzbekistan, PointAI, has disclosed securing investment from IT Park partner venture fund, DOMINO Ventures, specializing in investments in technological projects across Central Asia.
Founded in 2023 by Azamat Hamidov and Aslokhon Khoshimkhudjaev, PointAI is a resident of IT Park and stands as a promising startup specializing in the development and implementation of AI solutions for e-commerce. Through its products, PointAI enables companies to notably diminish support expenditures, elevate customer satisfaction levels, and potentially achieve annual savings of up to $100,000.
The investments from DOMINO Ventures will facilitate the expansion of PointAI’s team, the enhancement of its products, and the exploration of new market opportunities. Co-founder of PointAI, Azamat Hamidov, conveyed his appreciation for the support from DOMINO Ventures, emphasizing its pivotal role in expediting the company’s growth trajectory and broadening accessibility to its products within the e-commerce sector.
Mustafa Kopuk, Managing Partner of DOMINO Ventures, underscored the importance of investing in Uzbek startups, highlighting the success of PointAI as indicative of the substantial potential of regional entrepreneurs in value creation and catalyzing positive transformations within Uzbekistan’s startup ecosystem. By endorsing promising startups such as PointAI, DOMINO Ventures aims to make a meaningful contribution to the advancement of Uzbekistan’s startup ecosystem.
2024-03-01