Young entrepreneur from Shimkent attracted one hundred thousand dollars in investment from the USA

Beksultan Moldaseit, an eighteen-year-old entrepreneur from Shimkent, has attracted an initial investment of one hundred thousand dollars for the Parde project he established in the United States. This was reported by Zamin.uz.

These funds were provided by the Boost VC fund based on a company valuation of one million seven hundred and fifty thousand dollars. International news sources reported this news.

The Parde project operates on a hybrid model that combines financial technologies with the events market. The platform not only provides ticket sales services but also offers financial assistance opportunities to event organizers.

This solution serves to eliminate the difficulties entrepreneurs face when obtaining traditional bank loans. Beksultan Moldaseit noted that despite not being previously acquainted with investors, he succeeded in raising funds through personalized appeals to each fund and constant improvement of the project presentation.

He created this project together with his American partner Jay David, launching operations in major US cities such as New York, Miami, and Atlanta. Within the first two and a half months of launch, Parde's monthly recurring revenue reached thirty-five thousand dollars, and more than two thousand users registered.

Currently, the project's future plans aim to increase the total gross merchandise volume to six million dollars and raise monthly revenue to one hundred thousand dollars.