Uzbekistan-based technology company OX Group has raised $900,000 in new funding from regional venture investors IT Park Ventures and United Ventures, with IT Park Ventures contributing $400,000 to the round.
The fresh capital will be used to strengthen OX Group’s IT infrastructure, further develop its technology stack, and expand operations across Central Asian markets, as demand grows for data-driven retail and supply-chain solutions in the region.
Powering smarter retail operations
At the core of OX Group’s offering is Ox System, an end-to-end platform designed to automate procurement, inventory management, and point-of-sale (POS) operations. The system consolidates business data into a single dashboard, enabling companies to track real-time KPIs and make faster, more informed decisions.
Ox System serves a broad range of sectors, including retail and wholesale, FMCG, specialized retail, and e-commerce. Its modular architecture supports features such as pricing management, fiscal operations, expiry-date tracking, industry-specific automation, and real-time stock synchronization across channels. The company is also integrating RFID technology to further optimize inventory visibility and reduce operational inefficiencies.
Regional growth with global ambitions
Looking ahead, OX Group is developing predictive analytics capabilities to help businesses forecast consumer demand and optimize stock planning. Strategic partnerships with venture funds are seen as a key enabler for the company’s next phase of expansion, including planned entry into MENA and Eastern European markets.
As Central Asia’s digital economy matures, OX Group is positioning itself as a core infrastructure player—helping retailers move from reactive operations to data-led, predictive commerce.
