Baghdad-based Alsaree3 Group, consisting of Alsaree3 (food-delivery) and AlZajel Express (last-mile delivery services), closed an additional 7-figure bridge round, bringing its total amount of funding raised in 2021 to over $4 million. The two bridge rounds closed in 2021 were led by Euphrates Ventures while Bassam Falah, CEO of Innovest ME, Mohammed Khudairi, founder of Iraq Tech Ventures, and Subhi Khudairi, President […]Read More اقرأ المزيد
The continued pandemic-driven disruptions impacting the e-grocery segment have led to the emergence of q-commerce, a new vertical which has recently gained substantial traction across the Middle East. With the ongoing surge in digital ordering and drastically evolving customer expectations, food and grocery delivery businesses are racing to ride the q-commerce boom utilising hyper-local micro […]Read More اقرأ المزيد
The assumption is that startups in Iraq fail because of unviable business models, or ideas which do not address the right problem. In many cases, these are true. However, many Iraqi founders have ideas in the right industry and are addressing the right market, but still do not prevail. The way we see it, many […]Read More اقرأ المزيد
Recent years have seen an explosion in the e-commerce sector in Iraq. The industry has transformed from a niche, dominated by tech-savvy individuals, to becoming a mainstream service for the average Iraqi consumer. According to a survey done by Think Bank Iraq, 57% of Iraqi internet users have shopped at least once online. This has […]Read More اقرأ المزيد
Startups create jobs, new products and disruption. Agreed. We all love startups and we know that many in Iraq work hard to make ideas ‘happen’, with stories of Iraqi entrepreneurs inspiring us everyday. At the same time, around the world and particularly in Iraq, the process is far from easy. Our Startup from Scratch articles […]Read More اقرأ المزيد
Miswag, Iraq’s largest e-commerce marketplace, has raised over $1.6 million in the country’s first Pre-Series A round, on an undisclosed 8-digit valuation. The funding from this round will be deployed to expand the company’s commercial and technological arms to accelerate the company’s revenue growth fivefold by mid-2022. The funding closely follows its six-figure bridge round […]Read More اقرأ المزيد
Startups create jobs, new products and disruption. Agreed. We all love startups and we know that many in Iraq work hard to make ideas ‘happen’, with stories of Iraqi entrepreneurs inspiring us every day. At the same time, around the world and particularly in Iraq, the process is far from easy. Our Startup from Scratch […]Read More اقرأ المزيد
Fundraising is far from enjoyable for most founders; but in the words of Thanos (well, kind of) fundraising is inevitable. You wish you could be using your time working on your startup without worrying about those overhead costs. To make it more complex, funding in Iraq is difficult to find. We’ve looked at how to […]Read More اقرأ المزيد
Mobile payment services (MPS) are now considered the next evolution in the financial payment sector. The accessibility and the security these services provide surpass most established payment methods, whereby payments are more secure and done with a click of a button. As smartphone penetration increases across Iraq, MPSs have naturally increased in reach and are […]Read More اقرأ المزيد
Startups create jobs, new products and disruption. Agreed. We all love startups and we know that many in Iraq work hard to make ideas ‘happen’, with stories of Iraqi entrepreneurs inspiring us everyday. At the same time, around the world and particularly in Iraq, the process is far from easy. Our Startup from Scratch articles […]Read More اقرأ المزيد