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Tehran Index is not affiliated with the Tehran Stock Exchange (TSE) and publishes no securities index of its own; exchange closing prices shown for tracked listed companies are public reference data (TSETMC / IFB). Tehran Index publishes independent research: every claim is sourced, every named company is resolved to the registry, and every figure carries its evidence state. It is not investment, legal or compliance advice. Tehran Index covers business, technology and markets only. © 2026 Tehran Index. All rights reserved.

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Tehran Index: research terminal for Iran's digital economy

Tehran Index · Independent research

The research layer for Iran's digital economy.

385 source-linked records covering 310 Iranian technology companies, plus the products and brands they operate: registry filings, verified operating metrics, and a human-gated signal feed. In English, for investors, corporates and researchers who need Iran’s private tech sector on the record.

Browse the registryHow we verifyInstitutional access
385registry records
57research insights
23sectors mapped
Registry records
385
310 companies, rest products and brands
Sectors
15
active of 23 tracked
Signals · 30d
98
vs 79 prior 30d
App Index
65 apps
Cafe Bazaar, latest capture · 16 capture dates
The Tehran Index
310
companies among 385 registry records · resolved entities
This week · 17 signals published, human-gated · 9 dossiers reviewed · +9 companies · App Index captured 2026-10-05

Market activity

Signal records per day, by source date · last 30 days · human-gated feed
Signal feed →
Sep 10: 0 signalsSep 11: 1 signalSep 12: 2 signalsSep 13: 1 signalSep 14: 3 signalsSep 15: 3 signalsSep 16: 5 signalsSep 17: 0 signalsSep 18: 1 signalSep 19: 1 signalSep 20: 5 signalsSep 21: 6 signalsSep 22: 4 signalsSep 23: 2 signalsSep 24: 1 signalSep 25: 2 signalsSep 26: 8 signalsSep 27: 7 signalsSep 28: 5 signalsSep 29: 8 signalsSep 30: 9 signalsOct 1: 1 signalOct 2: 2 signalsOct 3: 6 signalsOct 4: 3 signalsOct 5: 4 signalsOct 6: 4 signalsOct 7: 0 signalsOct 8: 0 signalsOct 9: 0 signals
Sep 10Sep 25Oct 9

Every signal passes source review and an editorial gate before it publishes; volume reflects gated coverage, not scraping throughput. Dates are source dates where verified. Latest record: 2026-10-06.

Recent market signals

All signals →
Iran financial API aggregators market grew 30-50% in 20242026-10-06
Milli platform settles 6900 billion toman payments to usersFintech2026-10-06
Nobitex launches physical gold delivery serviceDigital Assets2026-09-29
Vista launches startup acceleration program in IranAccelerators2026-09-27

Top sectors by activity

Published signals · 30 days
All sectors →
SectorSignalsTrend · 4 wksΔ vs prior 30d
E-commerce18+38%
Fintech15+15%
Travel4first period
Digital Assets3-25%
Mobility2+100%
Telecom2+0%

Activity heatmap

Signals per day · last 5 weeks · all sectors
Sep 5 to Sep 11
Sep 12 to Sep 18
Sep 19 to Sep 25
Sep 26 to Oct 2
Oct 3 to Oct 9
Lower activityHigher activity

Key surfaces

Everything here is live, no previews, no placeholders
Flagship dossier
Digikala

Decision snapshot, period-stamped metrics, ownership, and a field-level source ledger.

View dossier →
Data product
App Index series

Weekly install and rating captures with rater velocity. Full series exports as CSV.

Explore →
Structure
Ecosystem map

Investors, accelerators, tech parks, and universities, cross-linked to company records.

Explore →
Registry
The Tehran Index

What the registry covers, how each record is verified, and why no benchmark level is published.

Coverage standard →

Latest analysis

Source-linked notes, each built on at least one figure computed from our own registry
All insights →
DataIran’s Biggest App Store Published the Money for Five Years. Then It Stopped.

Cafe Bazaar handles most of Iran's Android app distribution, and for five straight years it published what developers earned through it. The last figure is 280.5 billion toman, for the year to 20 March 2021, from 27.1 million purchases by 3.73 million buyers. Its own five-year series shows the payout rising 4.14 times in nominal toman while the number of people who paid for anything rose 11 percent. Then the money left the report: the two later annual editions Tehran Index holds, one of ten pages and one of 110, carry no figure in toman or rial anywhere.

9 Oct 2026 · 7 min read
BriefingOnline gold published its flows, not its holdings

TI Weekly, edition 008. Okala reports more than 26 million users in 275 cities, SnappMarket widens agency status to neighbourhood supermarkets after a 30-store first phase, Asiatech’s monthly revenue runs more than 35 percent above a year earlier, Aparat invites creators to repost short videos, Milli puts its trade counts on a public page, and our analysis reads a week in which online gold published its flows but not its holdings.

9 Oct 2026 · 5 min read
Super-appsSnapp and Lyft, side by side: one country against eleven

Snapp carried 1.61 times Lyft's rides in its latest year, 4.18 million trips on an average day against 2.59 million, from one country against Lyft's eleven. Lyft has more riders, more cities and faster growth. Six measures where both companies publish a number, with what does not compare set out beside them. No. 08 in the Iran in Context benchmarking series.

7 Oct 2026 · 5 min read
Source-linked. Every claim traces to a public source.Methodology first. Transparent, versioned, documented.Zero fabrication. Unknowns stay blank and say so.Independent. No exchange, government, or state affiliation.
Institutional access

Everything above is the working standard, not a sample.

Institutional access adds scoped dossiers and watchlists, the weekly briefing, sourced research requests, coverage reviews, and dataset exports. It is not open yet. The first cohort is being registered now.

Request access →

Listed tech

TSE / IFB weekly closes · rial · 2026-10-05
System Groupسیستم59,860 IRR
Tapsiتپسی26,950 IRR
Asan Pardakht Persianآپ10,330 IRR
Parsian E-Commerceرتاپ9,780 IRR
Hamrah-e Aval (MCI)همراه9,520 IRR
Behpardakht Mellatپرداخت6,580 IRR
Telecommunication Co of Iranاخابر1,032 IRR

Public exchange data (TSETMC / IFB); each row links to its tracked entity where one exists. The capture date is shown above and is the date these closes were recorded, not today’s market. Research reference, not investment advice.

Movers

App Index rater velocity · 2026-10-05 vs 2026-09-28
App Index →
Baam (Bank Melli)29M+2,840
Torob23M+2,678
Divar110M+2,471
Balad38M+2,009
Rubika85M+1,708
Eitaa63M▲+1,233

Rater counts are the store's continuous signal; install buckets are coarse. Weekly deltas from archived captures.

Latest insights

All insights →
OverviewThe Market Behind the Wall: A Field Guide to Iran’s Digital Economy2026-06-29DataIran’s Biggest App Store Published the Money for Five Years. Then It Stopped.2026-10-09BriefingOnline gold published its flows, not its holdings2026-10-09

Records with sourced facts

199 records carry period-stamped, source-linked facts
All companies →
Iran Talent104Digikala54Tapsi40Divar39Snapp34Digipay32YektaNet30Cafe Bazaar26Filimo26Tetherland24Alibaba.ir22Aparat19DigiExpress19Tapsell18OK Exchange16Sheypoor15Telecommunication Company of Iran13Irancell12Metrix12AzkiVam11Diginext11System Group11TAP11Khanoumi10Bama9Fidibo9Neshan9OKala9ArvanCloud8Digify8Miare8Nobitex8Optime7Paziresh247Azki6Takhfifan6Wallex6ZarinPal6Bale5Basalam5

Fact counts are period-stamped entries with their own source and evidence state. Records not listed here are published but carry no desk-written facts yet.

Data coverage

Computed from the live registry
80%
Registry completenessmean of the 4 core fields below
Founded year72%
Headquarters77%
LinkedIn72%
Description99%
Verification: 101 verified · 8 corroborated · 276 reported
Flagship dossiers live: 5
How we verify →

Data updates

SignalsDaily · human-gated · last 2026-10-06
App IndexWeekly (Mondays) · last 2026-10-05
RegistryContinuous · +10 this month