By John Lee. On Monday, Prime Minister Mohammed Shia' Al-Sudani chaired a Board meeting of the Iraq Development Fund to review progress on key strategic and investment projects overseen by the fund. The meeting discussed the "Eduba" schools construction project, for which the first phase has been launched, and reviewed a Ministry of Finance report […]
By John Lee. Iraq's Prime Minister Mohammed Shia Al-Sudani launched the execution phase of multiple school construction projects in five provinces via video conference on Sunday, as part of Phase One of the Eduba Project, implemented through the private sector under the Iraq Development Fund. The first phase includes school construction in: Sabaa Qusour, Baghdad […]
By John Lee. Iraqi edtech startup Eduba has reportedly been acquired by a major Iraqi ISP. According to a report from Tajarib, the company was sold for "an undisclosed seven-figure amount"; details of the acquiring company were not disclosed. In 2021, the company was one of nine business start-ups chosen for the second cohort of […]
From Tajarib. Re-published with permission by Iraq Business News. QiCard Acquires Miswag The fintech conglomerate continues its series of investments with the acquisition of Iraq's largest e-commerce platform for an undisclosed seven-figure sum Tajarib has announced the International Smart Card Company's (better known as Qi or QiCard) seven-figure acquisition of Iraqi e-commerce giant Miswag. The […]
From Five One Invest. Re-published with permission by Iraq Business News. ECOSYSTEM OVERVIEW The Iraqi startup ecosystem started with a bang this year. In Q1 of 2022, we witnessed an unprecedented $10.5M investment round (Baly) and $5M (TipTop). The excitement revolved not only around investment value but also around the investor profile. Specifically, Baly's round […]
By John Lee. Baghdad-based ed-tech platform Eduba has reportedly launched its ''Super App'' - the first EdTech super app in Iraq and MENA that offers multiple services. According to a report from Iraqi Innovators, the app has four components in their all-in-one learning management system, which includes interactive learning content, ride hailing, and payments. It […]
By John Lee. Nine business start-ups have been chosen as the second cohort of Kapita's ScaleUp Academy: Zuqaq Eduba Orderii Mishwar Hili ENKI ServicePoint Dentmart 3asal Shop After graduating at the end of the training program in September, they will present their pitches to the KAPITA Seed Fund and Iraq Angel Investors Network. (Source: Kapita)
