Bamilo
From Wikipedia, the free encyclopedia
Bamilo was an E-commerce marketplace start-up in Iran[1]
 | |
| Company type | Private |
|---|---|
| Industry | Ecommerce, Technology |
| Founder | Ramtin Monazahian |
| Defunct | 20 March 2019 |
| Website | www |
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]