8 Iraqi Startups and Scaleups to Watch in 2024: A Glimpse into Iraq's Emerging Tech Scene
Iraq's tech ecosystem is showing remarkable resilience and growth, with a new wave of startups and scaleups tackling local challenges and attracting international attention. This list, originally compiled by Iraq Tech, highlights eight companies that exemplify the dynamism and potential of the Iraqi market. While challenges remain, these companies demonstrate the innovative spirit driving Iraq's digital transformation. Note: This list refers to promising companies to watch, as identified in early 2024.
Key Sectors
The companies highlighted represent a diverse range of sectors, reflecting the evolving needs of the Iraqi market:
E-commerce & Delivery
FinTech
AgriTech
HealthTech
EdTech
Services
The Companies to Watch
(Note: I'm summarizing each company's description concisely. In your Substack, you could optionally add a small image/logo for each if you have them, but it's not essential.)
Baly: An all-in-one app offering ride-hailing, delivery, and digital payment services.
TipTop: A rapid delivery service focusing on groceries and other essentials.
Mishwar: Provides a range of on-demand delivery services, connecting users with local couriers.
Orderii: Offers an e-commerce platform for buying and selling within Iraq.
Teami: Connects people with service providers.
Torever: A food delivery service app.
Orisdi: Online shopping platform.
KiLana: AgTech, connecting farmers with buyers, enhancing efficiency in the supply chain.
The Broader Significance
The emergence of these startups signifies more than just individual successes. It represents a growing confidence in the Iraqi market, both from local entrepreneurs and international investors. While challenges like infrastructure limitations and regulatory hurdles remain, the dynamism of these companies, and the support of organizations like Iraq Tech, points towards a promising future for Iraq's tech ecosystem.
Source: Iraq Tech