The Iranian Modern Business Company (IMBCO) was established 6 years ago which is considered one of the main e-commerce players in Iran’s startup scene having NetBarg, Chilivery and Tik8 in its portfolio.
Recently one of the executive board members of “Information Technology Organization of Iran” stated that they recently had some guests from Oracle and their competitor companies. But the executives of Oracle Corporation deny any of such meetings.
It all started in the spring of 2014 in Tehran. A bunch of kids who studied in one of the best high schools in Iran, just took Konkoor exam (a standardized test widely used for college admissions in Iran) and instead of playing around or just studying their courses, they wanted to start a project and do something real not just studying.