TASHKENT ALMATY LONDON GENEVA
Impact Capital · Central Asia

Moving capital
where it matters most

Karvon Capital connects global development finance to investable opportunities across Central Asia · in healthcare access, inclusive finance, and essential services that reach real people.

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$10B+ National investment portfolio advised
$500M Cross-border capital facilitated
2.3M Households reached through structured reform
12 Bankable feasibility studies delivered

A caravan
for capital

The old caravans moved goods across Central Asia, connecting producers to markets and creating prosperity along the way. Karvon does the same for investment capital.

We believe that Central Asia's most impactful projects remain unfunded not because they lack merit · but because global investors lack the local relationships, language, and structuring expertise to reach them.

We are that bridge. Rooted in government, grounded in entrepreneurship, fluent in the language of development finance.

01
Originate

Source deals from government portfolios, ministry networks, and local entrepreneurs that international investors cannot reach without a trusted insider.

02
Structure

Build investor-grade feasibility studies · NPV, IRR, sensitivity analysis, financing structures · that meet the bar for DFIs, development banks, and institutional co-investors.

03
Connect

Place curated deal flow with aligned capital partners · DFIs, family offices, impact funds · who share the conviction that returns and development impact are not in conflict.

04
Scale

Convert one-off transactions into platforms. Strong pilots become replicable systems when the right capital, policy, and execution converge around the same center.

Focus Sectors

Where we invest
our attention

Healthcare Access

Pharmacy networks, primary care delivery, pharmaceutical supply chains, and digital health infrastructure reaching last-mile communities across Uzbekistan and the broader region. Backed by operator experience running a 10-store regulated pharmacy chain.

Inclusive Finance

Microfinance institutions, MSME lenders, fintech platforms, and community savings vehicles that move credit to segments systematically underserved by traditional banking · women entrepreneurs, rural households, first-time business owners.

Essential Services

Infrastructure, utilities, education, and logistics that create the conditions for economic participation · the foundational layer without which health and finance interventions cannot hold. Prioritizing assets where public and private mandates genuinely align.

What we are
doing now

Karvon is pre-institutional · we are building the track record that makes the platform inevitable.

2020–
Present
Healthcare Retail Network · 10 Locations
Founder and operator of a regulated pharmacy chain across Uzbekistan. Full P&L ownership, supply chain, regulatory compliance. A first-hand proof of concept in healthcare access economics.
Healthcare Access
Operating
2021–
2023
National Investment Portfolio · FDI Structuring
Supported a $10B+ sovereign investment portfolio, facilitating ~$500M in cross-border capital through investor-grade feasibility studies, financial models, and deal structuring aligned with international standards.
Deal Structuring
Completed
2023–
Present
Social Infrastructure Reform · 2.3M Households
Financial modelling and policy design for a national welfare consolidation program. Translating fiscal discipline into measurable delivery outcomes across a population of 37 million.
Public Finance
Active
2019–
Present
Entrepreneur Mentoring Programme
Volunteer financial advisor to 50+ early-stage founders. Unit economics, break-even modelling, supplier negotiation. Building the financial literacy layer that underpins sustainable ventures.
Capacity Building
Ongoing
2025–
Present
Karvon Deal Pipeline · Central Asia
Identifying and pre-screening impact-ready projects across healthcare, inclusive finance, and essential services. Packaging into investor-grade briefs for DFI and institutional co-investor placement.
Deal Origination
Building

The gap
no one else
is filling

Central Asia has 65 million people, a combined GDP growing at 5–7% annually, and young demographics that resemble Southeast Asia twenty years ago. Yet global impact capital flowing into the region remains a fraction of what flows to comparable markets.

The reason is not risk · it is access. International DFIs cannot originate deals in Tashkent or Almaty without a local partner who speaks the language of both government and capital markets.

"There may be a vacuum of deals · no marketplace for linking capital with deals."

DFI Working Group on Blended Concessional Finance, IFC 2023
KAZAKHSTAN TASHKENT UZBEKISTAN TURK MENISTAN KYRGYZSTAN TAJIKISTAN AFGHANISTAN CENTRAL ASIA 65M people · 5–7% GDP growth
How We Work

The Karvon
approach

I
Government-grade origination

We identify opportunities inside government portfolios, ministry investment pipelines, and public-private partnership frameworks · before they reach the open market. This access is not replicable without years of institutional trust-building.

II
Investor-grade structuring

Every deal we present is packaged with NPV/IRR analysis, multi-scenario sensitivity, financing structure options, regulatory risk mapping, and an execution roadmap. We speak the language of DFI investment committees.

III
Blended finance architecture

We design capital stacks that combine concessional funding, DFI debt, and commercial equity · using first-loss structures and guarantees to unlock private capital that would otherwise find the risk profile unacceptable.

IV
Measured impact, always

Every transaction is assessed against SDG alignment, mobilization ratios, and sector-specific impact indicators. We report on the development thesis alongside financial returns · because one without the other is not what we are here to do.

Institutional Context

Organisations we have
worked within

Karvon's network spans sovereign institutions, multilateral partners, and the commercial banking sector across Central Asia. These relationships are the foundation of our deal origination advantage.

Multilateral & International
Uzbekistan · Sovereign & Banking Sector
Photo Placeholder
[email protected] linkedin.com/in/boburdaulanov Tashkent, Uzbekistan
Languages
Uzbek native English fluent Russian fluent

Bobur
Daulanov

Bobur has spent his career at the intersection of government capital and real-world impact: facilitating $500M in cross-border investment, structuring 12 bankable feasibility studies within a $10B+ sovereign portfolio, and designing a national social infrastructure reform now serving 2.3 million households.

Alongside public service, he founded and operates a 10-store regulated pharmacy chain, giving him operator instincts most investment professionals lack. He holds an MSc in Business Finance from Brunel University London and a First Class Honours BSc from Uzbekistan, where he earned the Presidential Scholarship.

Education
MSc Business Finance
Brunel University London
Education
BSc Finance · 1st Class
Presidential Scholar
Certification
National Internal Audit
Republic of Uzbekistan
Beyond the work

Restoring traditional Uzbek hovli courtyards. Collecting Central Asian silk ikat patterns. Caravan-route travel across the Steppe. Maintaining handwritten family chronicles.

Let's move
capital together

Whether you are a DFI seeking Central Asia deal flow, an investor exploring the region, or a local entrepreneur seeking to structure your next round · the caravan has room.

[email protected]