Bamilo

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

Bamilo
Private
IndustryEcommerce, Technology
FounderRamtin Monazahian
Defunct20 March 2019 (2019-03-20)
Headquarters
Tehran 
Websitewww.bamilo.com

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. 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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