Pomegranate Investment

Pomegranate was incorporated as a Swedish public company in 2014 and historically listed its shares through Euroclear Sweden. At a July 2025 Extraordinary General Meeting, shareholders voted to deregister the company from Euroclear, meaning the firm now maintains its own share register and is no longer a CSD-registered entity (per the firm, July 2025). The effect is that shares are no longer publicly transferable through the Swedish central securities depository, and shareholder engagement relies on direct contact with the company.

The firm’s website identifies six portfolio companies as its core holdings. The most prominent are Digikala, an e-commerce group spanning retail, marketplace, fashion, digital content, and an online supermarket across the Middle East; Bazaar, the largest Android app store for Persian-speaking users, serving over 50 million people; and Takhfifan, the biggest female-founded start-up in Iran. The portfolio also includes a classifieds platform, an online travel group, and a domestic financial group (per the firm's website).

Pomegranate does not operate as a conventional fund that raises limited-partner commitments. It is structured as a Swedish investment company that takes direct equity stakes in portfolio companies, predominantly in the Iranian consumer-internet sector. The firm has never disclosed a traditional fund structure, fund-of-funds program, or co-investment vehicle for external partners.

The firm concentrates on consumer-technology platforms inside Iran and the broader Middle East, with a focus on e-commerce, app stores, online classifieds, digital travel services, and financial services. Its disclosed companies map to retail marketplace, Android app distribution, daily-deals and discounts, classifieds, online travel agencies, and capital-markets advisory.

The firm discloses only a Stockholm headquarters and does not list any office or personnel inside Iran. The founding team’s public track record in emerging-market internet businesses is cited as the basis for its network, but the firm provides no description of a local sourcing team. All contact information points to Sweden, and the website portrays local entrepreneurs driving the portfolio companies’ operations.

No. The firm’s public disclosures, including its website and regulatory filings, do not mention any charitable foundation, impact-investing sidecar, donor-advised fund, or operating company outside the investment portfolio. All activity appears concentrated within Pomegranate Investment AB.

The firm has not published a capital-reserves policy or a formal follow-on strategy. Given its single investment-company balance sheet and the absence of disclosed closed-end fund structures, it is reasonable to infer that follow-on decisions are made on a deal-by-deal basis. No public source confirms whether it leads rounds or participates exclusively as a minority co-investor.