Wayl, the payments platform for online sellers in Iraq, has successfully secured $150,000 in pre-seed funding from EQIQ Ventures, a VC fund led by Mohamed Al-Hakim. This investment is a significant milestone for Wayl as it aims to empower social media merchants and freelance workers across the region. It is also the first investment in […]Read More اقرأ المزيد
Kurdish-Iraqi Delivery app Lezzoo is changing the game (literally!) with the launch of its addictive new gamification feature to make your food deliveries more fun. The new game called Jezar (which means ‘carrot’ in Arabic) can be played while you wait for your Lezzoo order to arrive. Founder of Lezzoo, Yadgar Merani, wanted to add […]Read More اقرأ المزيد
Orisdi, the leading vertically integrated e-commerce store in Iraq, successfully concluded a six-figure bridge round of investment in August 2023, fortifying its ongoing business development efforts and recognising the burgeoning potential of the e-commerce sector in Iraq. The latest investment round witnessed the participation of both new investors and existing shareholders, such as Al Sharqiya […]Read More اقرأ المزيد
Job Studio has announced its integration with Visa and Mastercard, a monumental move that revolutionises the freelance landscape in Iraq. This strategic implementation of secure and convenient payment options enables Iraqi freelancers to effortlessly collaborate with international clients, ensuring smoother transactions and enhanced opportunities for growth. With the integration of Visa and Mastercard on the […]Read More اقرأ المزيد
Midient, an Iraqi startup co-founded by Ahmed Jamal, Mohammed Shahoyi, and Omer Sabah, has received a pre-seed round investment from regional accelerator Flat6Labs in the amount of $115,000 for its product Kurdivia. Kurdivia is a loyalty program that offers a creative approach to digital loyalty solutions which has been gaining traction with investors. Kurdivia has […]Read More اقرأ المزيد
Dukkantek, a leading cloud-based POS and retail management software in the SWANA region has announced a strategic partnership with Lezzoo, a Y Combinator-backed Superapp based in Iraq. This collaboration aims to transform Iraq’s food and beverage (F&B) supply chain by creating an end-to-end digital ecosystem for small-to-large retailers, enabling them to scale their operations and […]Read More اقرأ المزيد
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