Snapp Ride-Sharing App in Iran Secures Financing
The Iran Internet Group has secured a €20 million Series A round of financing for its ride sharing application Snapp. The South African mobile phone company MTN led the round. €20 million is among the second largest investments in Iran’s nascent startup ecosystem this year. In March Swedish based investment firm Pomegranate invested €60 million in Sarava, an Iranian investment firm
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