ShakoMakoApp is a combinatorial evolution of Instagram, WhatsApp, Google and Amazon, with the aim of organising the disorganised through a P2P-B2C system. It is the first comprehensively dedicated connected-commerce platform in Iraq. Three years ago, the founders saw a problem: independent and new shop ventures were looking for an easy and free way to enter […]Read More اقرأ المزيد
Investing in startups can be a risky but potentially rewarding endeavour, and this is especially true in emerging markets such as Iraq. Despite the challenges and uncertainties that come with investing in a volatile region, there are also many opportunities for those willing to take on the risk. Here are some key considerations for those […]Read More اقرأ المزيد
Iraq-based e-commerce startup, Orisdi, raised a $220,000 bridge round in January 2023 to reinforce the continuous growth of the business and the growing potential of e-commerce in Iraq. The round included the participation of new investors like 3B Starlight Investment, Ahmed Gorani, Naveed Pasha, Hassan Al Shawaf, Ali Jawad, Zaid Al Khatib, and more, alongside […]Read More اقرأ المزيد
Alsaree3 Group, consisting of Alsaree3 (food-delivery) and Al Zajel Express (last-mile delivery services), closed a 7-figure bridge round in December 2022, bringing its total amount of funding raised to over $6.5 million USD. This funding will enable us to increase our market share and grow our presence in Baghdad and Basra. We are on track […]Read More اقرأ المزيد
Amer Salih, founder of car marketplace iQ Cars, has launched a new commercial vehicle and machinery marketplace called iQ Fleet which includes fleet services for companies. Founded in November 2020, iQ Cars has grown to become a serious player among Iraqi online marketplaces. Already the platform has signed up over 700 car showrooms, has over […]Read More اقرأ المزيد
It has been an exciting few years for startups in Iraq. Despite the challenges of Covid and now, a gloomy outlook on the worldwide economy, Iraq’s economy is set to grow over 5% over the next few years. For startups, investors have been paying more attention recently. An estimated $26 million+ has been invested into […]Read More اقرأ المزيد
Lezzoo has announced that it has acquired Saydo; the leading B2B marketplace in Iraq. This acquisition represents a strategic move for Lezzoo toward its B2B expansion plans as it works to digitise Iraq’s food supply chain. Food is Iraq’s third-largest economic sector. This acquisition marks the start of multiple expansion activities for the company toward […]Read More اقرأ المزيد
In an effort to build an international community of supporters and allies for Iraq’s startup sector, Iraqi Innovators held its first in-person event in London on 25th November 2022. The day began with a presentation by co-founders Amara Bandukada and Zahra Shah explaining the work of Iraqi Innovators and providing an overview of the Iraqi […]Read More اقرأ المزيد
Orderii, a cross-border e-commerce platform closed a six figure pre-seed round in October 2022. The platform provides logistics services for sought-after goods only available on foreign sites. We have been serving the Iraqi customer for several years now, enabling them to purchase products from brands that they cannot find in Iraq. We are eager to […]Read More اقرأ المزيد
Job Studio has launched its freelancing marketplace that is designed to connect businesses with talented Iraqi freelancers. The marketplace that holds the same name allows businesses to post projects and receive bids from qualified freelancers. Job studio believes that the marketplace will help to grow the Iraqi economy by creating new opportunities for Iraqis to […]Read More اقرأ المزيد