Ownership · Iran Innovation Economy

The Iran Digital Economy Map

Iran’s digital economy is not a field of independent startups. A meaningful share of the companies we track sit under a parent group, and the clustering is uneven. The consumer rails, mobility, e-commerce, fintech and media, cluster under a handful of groups. The frontier, AI, cloud and cybersecurity, is still mostly independent. This map measures control, not investment: a venture firm’s portfolio is not a corporate group, so investment stakes are left out. It reads the structure two ways, how much of each sector sits under a controlling group, and which groups those links point to. Control verified against the corporate gazette is marked. The rest is reported affiliation, not yet confirmed.

377registry records
111report a parent group (29%)
46gazette-verified control, 8 groups
16groups with 2+ affiliates

Where control concentrates

Companies under a controlling group, by sector. Ranked by count; the bar splits verified control from reported affiliation.
  1. Fintech55/151
    36% of sectorFANAP 4, Asan Pardakht 2, Bank Iran Zamin 2
  2. Media8/18
    44% of sectorSaba Idea 4, Pegah Holding 2, Digikala Group 1
  3. E-commerce8/20
    40% of sectorDigikala Group 4, Golrang Industrial Group 2, Fankam Group 1
  4. Enterprise SW7/21
    33% of sectorFANAP 2, Fanava Group 1, First Electronic Commerce Group 1
  5. Mobility4/8
    50% of sectorDigikala Group 1, Golrang Industrial Group 1, Hezardastan 1
  6. Travel4/15
    27% of sectorAlibaba Travels Group 2, Arnika (technology group) 1, Snapp Group 1
  7. Digital Assets4/22
    18% of sectorArnika (technology group) 1, Nobitex 1, Tabdeal 1
  8. Logistics3/10
    30% of sectorDigikala Group 2, Snapp Group 1
  9. AI3/15
    20% of sectorDigikala Group 1, Part AI 1, Smilinno 1
  10. FoodTech2/4
    50% of sectorGolrang Industrial Group 1, Snapp Group 1
  11. SaaS2/5
    40% of sectorDigikala Group 2
  12. App Dist.2/7
    29% of sectorHasin Group 1, Pegah Holding 1
  13. Accelerators2/8
    25% of sectorDigikala Group 1, National Informatics Group (NIC Holding) 1
  14. Classifieds1/3
    33% of sectorHezardastan 1
  15. PropTech1/5
    20% of sectorArnika (technology group) 1
  16. Gaming1/8
    13% of sectorTOD / Turned On Ventures 1
  17. Telecom1/8
    13% of sectorFANAP 1
  18. Cloud1/9
    11% of sectorHezardastan 1
  19. Cybersecurity1/9
    11% of sectorAmnPardaz 1
  20. Healthtech1/12
    8% of sectorSnapp Group 1
  21. AgriTech0/1
    0% of sectorno parent group tracked
  22. Edtech0/11
    0% of sectorno parent group tracked
  23. HR Tech0/7
    0% of sectorno parent group tracked
Gazette-verified control Reported affiliation, unverified Independent

Source · Tehran Index ownership registry, September 5, 2026 · n=377 public companies · “affiliated” counts any company reporting a parent group, excluding independent, private and investment-only ties. Control is marked only where verified against the corporate gazette. Coverage, not a census. Full records at /companies, sector detail at /sectors.