Pomegranate Investment

About The Fund

Pomegranate Investment AB, established in 2014, is a Stockholm, Sweden-based venture capital investment company with a focus on the Iranian consumer technology sector and growth stage companies. Their investment strategy is aimed at fostering positive impact in emerging markets, with particular emphasis on the online sector such as e-commerce and online classifieds. They target companies that are key players within Retail, Marketplace, Fashion, Digital content, Online Supermarket, Android app stores, general classifieds, Asset Management, Investment Banking Advisory, and online travel. Pomegranate Investment services a youthful and tech-savvy Iranian consumer base characterized by a population with over 70% under the age of 45 and a high level of connectivity. With internet penetration exceeding 80%, cellular mobile penetration of over 140%, and smartphone usage surpassing 50 million users, they identify Iran’s consumer internet sector as a unique emerging market opportunity. Despite these promising demographics, the internet companies' value in Iran is estimated to be only 1-2% of GDP which is low compared to other countries with similar dynamics. This indicates a significant potential for growth in online retail and services, which Pomegranate Investment seeks to leverage for value appreciation. Their portfolio includes companies such as Digikala, the leading e-commerce company in Iran, Caf Bazaar Group, which runs the largest Android app store in Iran, Sheypoor which offers general classifieds, Griffon Capital focusing on Asset Management and Investment Banking, Takhfifan, a popular discount platform, and Alibaba Travel Group, a leading online travel agency. The firm believes that by investing in companies that excel in these sectors, they can contribute to the development of Iran’s consumer market and facilitate the introduction of world-leading services to Iranian consumers.