Bamilo
Company typePrivate
IndustryEcommerce, Technology
FounderRamtin Monazahian
Defunct20 March 2019; 4 years ago (2019-03-20)
Websitewww.bamilo.com

Bamilo was an E-commerce marketplace start-up in Iran[1]

It was founded by Ramtin Monazahian,[2] a German-Iranian with degrees in business and economics and previous work experience in consulting and investment banking companies.[3]

Bamilo was the first and largest venture of the Iran Internet Group (IIG), backed by MTN Group. Other IIG ventures include Snapp, Snappfood, Snapptrip, and Zoodroom.[4][5]

Bamilo localized Black Friday as "Harajome", and set up the country's largest online shopping campaign, challenging the monopoly that was prevalent before its market entry.[4]

See also

References

  1. ^ "Talent War Shows Nuclear Deal Rewards for Skilled Iranians". Bloomberg News. 19 April 2017. Retrieved 16 May 2017.
  2. ^ "US sanctions protecting Iranian tech sector". MEO. 22 March 2018.
  3. ^ Reza Azali, Mohammad (2016). "Interview With Ramtin Monazahian: Story of Bamilo". Techrasa. Retrieved 15 May 2016.
  4. ^ a b Saeed Kamali Dehghan (24 November 2016). "Iranian online shopping site launches its own version of Black Friday". The Guardian. Retrieved 16 May 2017.
  5. ^ "Iran's E-Retailer Wave". Financial Tribune. 5 April 2016. Retrieved 16 May 2017.
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