Tashkent, Uzbekistan (UzDaily.com) — Representatives of IT Park Uzbekistan, led by CEO Abdulahad Kuchkarov, held talks with Ghanshyam Ahuja, CEO of Singapore-based VSaaS Global and co-founder of the investment platform Thinkuvate Venture.

The meeting focused on the potential establishment of a local team in Uzbekistan to support VSaaS Global’s projects, as well as the company’s interest in participating in IT Park Ventures’ investment initiatives.

VSaaS Global, founded in 2010, is a Singaporean IT company specializing in digital transformation, business process automation, and SaaS product development. The company has offices in the United States, United Kingdom, and India, with a workforce of around 100 employees.

Thinkuvate Venture, also founded in Singapore in 2010, operates a US$20 million early-stage venture capital fund focused on startups across Southeast Asia. Its team includes around 100 professionals.

During the meeting, the two parties discussed the prospects of opening a VSaaS Global office in Uzbekistan and hiring local developers for the company’s ongoing projects. Ghanshyam Ahuja also expressed interest in collaborating with IT Park Ventures in the field of venture financing, including the possibility of launching a joint fund to support startups in both Uzbekistan and Singapore.

Uzbekistan continues to attract growing interest from international investors and technology firms. IT Park remains committed to supporting foreign partners in launching and scaling their operations in the country, creating jobs, and fostering the local innovation ecosystem.