From the end of April this year, it was announced that the first partner through its investment company, “Harakt Aol”, intends to buy a part of Digikala’s shares. At that time, it was announced that the first partner will soon become a shareholder of Digikala.
At the same time, Hamid Mohammadi, the co-founder of Digikala, published a post on the X social network (formerly Twitter) and said about this issue:
We have had negotiations with investors to attract capital in Digikala, and one of these companies is Harak Awl (Hamal Awl Investment Company). None of these negotiations have reached a definitive conclusion. As always, we will inform the public and our colleagues about the fundraising news.
– Hamid Mohammadi, Co-founder of Digikala
Now, it seems that these negotiations have reached the final result and agreement, and now the first company should be considered as one of the shareholders of Digikala. In the announcement published by Digikala in this regard, it has been announced that the first move company has purchased a part of the shares of Digikala, which part of the shares belonged to “Sarava Pars Investment” company. The amount of this investment is 30 thousand billion tomans, and in this way, the first partner has become the owner of 40% of Digikala shares.
At the beginning of the text of this notice, which has been provided to Zomit, it is stated: “Harakt Aol” company, the bold investment arm of “Horman Aol”, with cash purchase of a part of Digikala Group’s shares, including the shares belonging to “Sarava Pars Investment” company and a part of The shares of other shareholders took over 40% of Digikala Group’s shares. The agreed valuation for Digikala Group in this investment is 30 thousand billion Tomans.
According to this announcement, Digikala Group, after negotiating with various companies for the entry of new capital, finally reached an agreement with the bold investment company Harka Awl and considers this agreement in the path of Digikala’s growth and business development.
In the next paragraphs of this announcement, details are made known to the public, which are as follows:
1- The founders of Digikala, Hamid and Saeed Mohammadi, will still own 22% of the company’s shares and two members of the board of directors out of five members. According to this agreement, the founders and management team of Digikala will continue to be responsible for the executive management and management of the company, formulating business strategy and selecting senior managers. After this agreement, no single shareholder will have sole control over the company.
2- After 12 years of its first bold investment in Digikala, “Sarava Pars Investment” company will withdraw from the company’s shareholding, and in this way, the largest successful investment return of a VC investment in the field of innovation and digital economy of the country will be achieved.
3- These negotiations started in February 1402 and it is the biggest investment made in the history of digital economy of the country. This investment has been made after several successful investments of “Movement First” (bold investment fund) in Iranian technology companies and startups such as Fly Today, Achareh Group, Miyareh, Mohormekanik, Jajiga, etc. The purpose of the new cooperation between Mobile First and Digikala is to synergize existing capacities and infrastructures in order to develop the country’s digital economy ecosystem.
In the end, Digikala has expressed its hope that after this investment and the participation of these two important players, each of whom has tens of millions of users, they will witness the creation of new services for the people of Iran, a more pleasant experience for customers, and an increase in investment in the country’s innovation ecosystem.
