| Type: | Private |
| Industry: | Ecommerce, Technology |
| Founder: | Ramtin Monazahian |
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]