Uzbekistan-based technology company OX Group has raised investment from venture funds IT Park Ventures and United Ventures. The total amount of funding raised reached $900,000, including $400,000 invested by IT Park Ventures.

The attracted capital will be used to develop the company’s IT infrastructure, enhance its technology stack, and expand OX Group’s presence across Central Asian markets.

OX System — A Retail Automation Startup Platform

The core startup product of OX Group is OX System, a platform designed to automate processes between procurement, warehouse management, and points of sale. The solution consolidates data within a unified system and enables real-time monitoring of key business performance indicators.

The architecture of OX System includes specialized modules tailored to different market segments:

• Retail and wholesale — tools for pricing management, fiscal operations, and B2B settlements
• FMCG sector — functionality for monitoring expiration dates and managing weight-based products
• Specialized retail — solutions for industries such as floristry, including automation of composite product accounting
• E-commerce — tools for creating online storefronts synchronized with inventory levels in a unified database
• Inventory technologies — RFID-based solutions aimed at optimizing inventory and stock-taking processes
  
  

Strategic Development Directions

At the next stage of development, OX Group is working on the implementation of predictive analytics tools to forecast consumer demand based on accumulated data. Cooperation with venture funds is viewed as a preparatory step toward entering the MENA and Eastern European markets.

OX Group’s strategy focuses on building an integrated technological ecosystem that combines logistics, marketing, and payment processes within a single platform.