The Ledger
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Rocket Internet is quietly operating and spending heavily in Iran
“There is a well-known company, Rocket Internet, which has already started operating in the country. A German company, which is basically cloning the successful models in emerging market, where the ecosystem is not really bright that local entrepreneurs be able…”
Cafe Bazaar maintained market dominance in Iran over Google Play
“By the time that the Google play service was opened up in the country, although there was, there hasn't been a lot of advertising around it, which I don't think Google needs, but cafe buzzer has already created some domination in the market. So they are still …”
Global tech diaspora members are returning to Iran to build startups
“We have started to see some of those successful diaspras started to coming back to the country. Those who have been working in top tech, you know, engineering companies and top startup companies, they now realize that maybe this emerging market is the right th…”
Silicon Valley accelerator models fail in emerging markets like Iran
“We haven't tried to copy Techstars or Y Combinator company to here, which we believe that doesn't work in, in such markets.”
Iranian entrepreneurs face a lack of belief from government and investors
“The biggest challenge that the entrepreneurs in Iran are faced with is the word belief. I think that's the biggest challenge that they're believing. Nobody is believing them. I mean, the government, sometimes they don't believe in them. The investors, they don…”
Local market dynamics pose a greater barrier than language for startups
“Language is absolutely a barrier, but I don't find it as the biggest barrier. I think the biggest barriers is the local challenges that building is a business has in this market from understanding the dynamics of the market, the perspective of the customer, ho…”
Iran adds one million smartphones to its cellular networks every month
“Every month there is one million smartphones being added to the network of the country.”
Top Iranian e-commerce websites process 80 percent of payments online
“The top websites are now exploring 20% cash on delivery and 80% online payments.”
Malayeri organized 35 Startup Weekends across Iranian cities in 12 months
“For example, only the last 12 months, we did like 35 start-up weekend events in different cities.”
Digikala is the largest online retailer in Iran
“Digicolor is basically the biggest online retail in Iran. It's like Amazon of Iran.”
Iranian Android app marketplace Cafe Bazaar reaches 5 million daily users
“Now there is a platform where fifteen million, more than fifteen million users are already using it. And five million people are using it every day, like daily users.”