Majlis & Markets
Majlis & Markets brings you insightful conversations with leaders in Islamic and global markets. 🌐💬 Join us as we explore the landscape of Islamic finance, delve into the intricacies of Middle Eastern and global financial markets as well as enter the realms of venture capital and much more!
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Majlis & Markets
Episode 10-Accelerating Iraq's Startup Revolution
In our 10th episode, we spoke to Matteo Mantovani, co-founder of Baly, an Iraq-based ride-hailing and super app.
Matteo has dedicated a significant portion of his career to Iraq's advancement, managing multimillion-dollar projects in Basra and overseeing critical infrastructure initiatives.
As a co-founder of Baly, Matteo has observed first-hand Iraq’s thriving entrepreneurial spirit.
In 2022, Baly secured $10.5 million in funding from a consortium of investors including Kingsway Capital and Majid Al Futtaim. This funding catapulted the start-up into prominence and marking a significant moment in Iraq's tech history, showcasing the potential of its emerging start-up ecosystem.
Topic discussed in this episode include:
- Matteo's background
- His journey to and work experience in Iraq
- Matteo's account (opportunities and challenges) of running a start-up in Iraq
Intro theme song-'Tales of the Arabian Nights' composed by StudioKolomna via Pixabay
