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Baly
Comprehensive app for ride-hailing, logistics and delivery, among various services
About Baly
Baly.iq is a comprehensive mobile application based in Iraq that offers a variety of services including car booking, food delivery, and other diverse services such as bike taxi and delivery of items through Baly Box. The startup is part of the Rocket Internet group, a European company based in Berlin that assists in building and supporting startups in the technology and internet sectors.
The idea for the application began in early 2021 with the development of an app for drivers and passengers, in addition to a food delivery service. Users can easily select their favorite restaurant, add meals to their shopping cart, and enjoy their meal at their convenience. The app's user-friendly interface and diverse services make it a one-stop solution for many everyday needs.
Baly.iq operates in the Iraqi market, serving a wide range of clients from individuals needing a ride or food delivery, to businesses requiring delivery services. The business model is based on providing a platform that connects service providers (drivers, restaurants) with consumers. The company makes money by charging a commission on each transaction made through the platform.
In summary, Baly.iq is a versatile mobile application offering a range of services from transportation to food delivery, operating in the Iraqi market, and backed by a reputable European tech company.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Baghdad, Iraq
- Employees
- 694
- Open positions
- 54
- Dealroom signal
- 94.8/100
- Industry
- Food, Transportation
- Sub-industry
- Mobility, Logistics & Delivery, Food Logistics & Delivery
- Sector
- Transportation, Food Delivery, Ride-Hailing, Fintech Related, Digitalisation, Super App
- Technology
- Mobile app
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEEDOther financing | Jan 2022 | $11M | $42M | Majid Al Futtaim · MSA Capital · VNV Global · Global Founders Capital | ↗ |
Growth signals
Latest recorded traffic for Baly is 530K monthly website visits, up 60.6% over the last three months. Baly's team grew 33.2% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Novo Capital
Majid Al Futtaim
MSA Capital
VNV Global
Global Founders Capital
March Holding
Kingsway Capital
Other known investors1 additional known investor
Spade Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Baly on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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