Company type | Private |
---|---|
Industry | Ecommerce, Technology |
Founder | Ramtin Monazahian |
Defunct | 20 March 2019 |
Website |
www |
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]