CompaniesArnika (technology group)

Arnika (technology group)

Digital AssetsholdingIndependentIndex constituent
Entity IDIR-CO-2391
SectorDigital Assets
FoundedCoverage pending
HQTehran
VerificationReported

Diversified private technology holding, self-styled as the Ernyka Information Technology Innovation Group, whose portfolio spans the crypto exchange Excoino, the online travel agency Flightio and the accommodation platform Homsa, with further interests reported in energy and healthcare. Since mid-2025 the group has been at the centre of a settlement crisis at Excoino, with knock-on disruption reported at other portfolio companies.

Tehran Index tracks this company as part of a source-linked research record on Iran’s technology economy. Access opens to a limited first cohort. Register for access, or browse the registry.

Registered entity
Legal entityNoavari Fanavari Arnika
Entity typePublic joint stock (سهامی عام)
StatusActive
Registered2013-11-05
Registered capital500 million IRR
Board & shareholders
Keyvan Shadi-Varudkoli
chairman
Hamidreza Heydari
vice chairman
Alireza Mokhberi-Nia
Farideh Sheikh-Mohammad-Jabin
Keyvan Asem-Kaffash. Board elected 2025
terms to 2027
read from the official registry August 2026.
OwnershipHolds a registry-recorded board seat (vice chairman, through a representative) on Dour Parvaz, the operating entity of Flightio, per a 2024 gazette; trade press and the group's own portfolio companies additionally place Excoino and Homsa in the group.
Entity notesIDENTITY ESTABLISHED 2026-08-20, closing the open item from 2026-08-18: the technology group behind ernyka.com is Noavari Fanavari Arnika, a public joint stock company registered November 2013 in Tehran. Anchored two independent ways: (1) the registry-recorded board seat on Flightio's operating entity, already in our records, and (2) the cross-directorship of Alireza Mokhberi-Nia, who sits on both boards, confirmed against the current registry board read today. NEVER confuse with the Lorestan mining, tourism and food conglomerate Toseh Sarmayegozari Arnika Eghtesad (arnikagroup.com), a completely unrelated company sharing only the brand word; see Research/ENTITY_TRAPS.md, where this is THE DANGEROUS ONE.

Registered capital is the share capital recorded in the official gazette. At this level it is the minimum required to incorporate, carried forward unrevised, and reflects no capital raised. It says nothing about the size, revenue or worth of the business.

Evidence & verification
Verification tierReported, single public source
Primary evidenceernyka.com
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Tehran, Iran
ernyka.com
Premium Profile

Legal entity, funding, people, and relationship data are part of the paid tier we’re building. Subscribe to TI Weekly to get early access when it ships.

TI Weekly. Five source-linked developments and one analysis note, every Friday.
Arnika (technology group) | ارنیکا, Digital Assets company profile, Iran | Tehran Index