October 9, 2016

With a €20 million Series A Snapp opens up ride-sharing in Iran

14584299903_21144bc4cd_k-1 Investors have turned Iran into the latest country to embrace the ride sharing and car-hailing app phenomenon. 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. It is the only investor. MTN is a major shareholder of Irancell and Iran Internet Holdings. It has a… Read More

Source: TechCrunch