Plug and Play, a Global Innovation Platform and Leading VC, Announces the Startups for Accelerator Batch 4 in Tashkent

TASHKENT, Uzbekistan, Feb. 27, 2025 /PRNewswire/ -- Plug and Play, one of the world's largest innovation platforms, has selected 15 startups for the fourth batch of its International Accelerator in Tashkent. With support from the Ministry of Digital Technologies of Uzbekistan and IT Park Uzbekistan, the program continues to strengthen the startup ecosystem in Central Asia while attracting global startups eager to enter the region. The ultimate goal: establishing Uzbekistan as a key hub for innovation.

The program offers entrepreneurs the chance to collaborate with seasoned mentors, connect with corporate partners, investors, and industry leaders—including unicorn founders—and participate in specialized events and workshops aimed at accelerating growth. With a focus on fintech, enterprise, and artificial intelligence (AI), the program aligns with Uzbekistan's transition from traditional industries to a tech-driven economy.

Throughout the program, participants will receive expert guidance on key areas of startup success, including venture strategy, product development, branding, growth hacking, and go-to-market approaches. This supportive ecosystem is designed to provide the tools and connections needed for rapid growth and success.

The program starts in late February, lasts for 12 weeks, includes in-person and online modules, and culminates with an expo.

"We are thrilled to welcome this group of startups to our Batch 4 accelerator program. This program provides them with the resources, mentorship, and network they need to scale their businesses and achieve success in Uzbekistan and beyond. This batch represents the next generation of innovators who will shape the future of industries like FinTech, Enterprise, and AI. Together with our partner IT Park we are committed to supporting their growth and helping them achieve their full potential. Uzbekistan has the potential to become a global leader in innovation, and we're proud to be a part of this journey," said Alfredo Gomez Soria, Senior Corporate Partnerships at Plug and Play.

"Innovation is more than technology—it's about creating opportunities for bold ideas to thrive. Through our partnership with Plug and Play, Uzbekistan is accelerating startup growth and strengthening its tech ecosystem. The startups in this new batch will drive change, attract investment, and open new industry opportunities," said Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan.

Following a rigorous selection process, 15 standout startups were chosen from over 50 applicants, each bringing innovative solutions across various industries: AI & language processing, real estate & legal tech, finance & investment, banking & fintech, business & enterprise solutions, retail, banking & education. These startups leverage AI, blockchain, fintech, automation, and enterprise solutions to foster collaboration, drive innovation, and accelerate business growth across Central Asia and beyond.

Startups selected for the Batch 4:

UzbekVoice — UzbekVoiceAI develops cutting-edge speech-to-text (STT) and text-to-speech (TTS) solutions tailored for the Uzbek language.

Urbo — Urbo is Uzbekistan's leading real estate platform, offering comprehensive listings for new developments and secondary market properties.

Karmon AI — Karmon is an innovative finance management app that helps users track income, expenses, and loans while improving financial literacy.

1DOC.UZ — The only platform for complete legal document solutions—build templates, access AI legal assistance, digitize data, e-sign, and distribute globally.

Jett — Jett Investment Service is Uzbekistan's first startup enabling small investors to open accounts remotely, invest in top companies, and trade securities on the stock exchange.

4Rize — 4Rize is a research platform for banks and fintechs, providing a curated library of real-world fintech user experiences.

pDaftar — a mobile-first app for easy debt and repayment tracking that offers automated reminders, multi-shop management, and contact-to-customer conversion.

Trust ID — A system for identity verification that matches photos, detects "liveness," and identifies individuals.

MilliyPay — MilliyPay enables quick, secure transfers from Russia to Uzbekistan, supporting UzCard/HUMO/VISA cards and payments for utilities, mobile, internet, and more.

Bito — ERP (Enterprise Resource Planning) system for small, medium, and large enterprises.

Robosell — Robosell.uz is an innovative aggregator for launching businesses online, combining all essential services in one solution.

Cradle AI — Computer vision solutions for Retail, Banks, and Education sector for analyse their visitors, employees, automation attendance system of employee and students.

Neural Payments — Neural Payments is building an AI-native financial infrastructure platform designed to power instant cross-border payments and AI-to-AI transactions using blockchain and stablecoins.

Payzor — Payzor is an innovative P2P lending platform for the MENA region.

AIsha AI — AIsha is an AI-powered platform that automates call center operations by analyzing call records to deliver detailed performance reviews.

Since its launch, Plug and Play Uzbekistan has successfully run three startup batches, supporting startups from Uzbekistan, Kazakhstan, Azerbaijan, and beyond across sectors such as edtech, healthtech, mobility, sustainability, fintech, enterprise, and AI. On the investment front, Plug and Play has supported promising Uzbek startups like Zip24, Zypl.ai, and Point AI. Globally, Plug and Play Ventures invests in over 200 startups annually. Additionally, the Plug and Play FoundHER network is empowering female entrepreneurs throughout Central Asia, providing them with the resources, skills, and connections necessary to thrive in the global economy.

About Plug and Play Uzbekistan

Plug and Play launched its Uzbekistan office in 2023 in partnership with the Ministry of Digital Technologies of the Republic of Uzbekistan and IT PARK Uzbekistan. Plug and Play Uzbekistan serves as an open innovation platform, connecting key local, regional, and international stakeholders to create new opportunities for corporations and accelerate the growth of Uzbekistan's startup ecosystem. This initiative allows international startups to tap into the rapidly growing Central Asian market, now emerging as a regional innovation hub, while Uzbek startups gain access to resources, mentorship, and pathways for global expansion.

For more information, visit: https://www.plugandplaytechcenter.com/locations/uzbekistan

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SOURCE Plug and Play