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Fanavaran Arvand Pasargad (Arvand Studio), as a subsidiary company of Pasargad Financial Group, designs and develops mobile games and applications. Arvand Studio was founded by a team of game experts in Iran’s game industry who published the first Iranian computer and videogame magazine, Bazyrayaneh, for more than 13 years. Iran with an average age of 28 years old is considered as an attractive and growing market in the Middle East and North Africa (MENA). Since more than 70% of Iran’s population are less than 35 years old, the penetration rate of mobile and internet is higher than regional standards. With the development of 3G and 4G mobile telecommunication technologies in Iran and the high penetration rate of smartphones, mobile games market is experiencing staggering growth in Iran. According to the ChartBoost report, in the period of one year (Jan 2014 to Jan 2015), the growth rate of mobile games market in Iran was 897% (The highest growth rate among all countries). It is predicted that in the years ahead, this trend will continue. For these reasons, Shenasa Co financed Arvand studio in order to seize a large market share in domestic market as well as having a plausible presence in major international markets. Arvand Studio Products/Services: Mobile Games · Design and development of mobile games for iOS and Android platforms · Publishing games developed by other Iranian teams in local and global markets · Consultation on design and development, monetizing methods, R&D in regional and global mobile games markets Mobile applications · Design and development of mobile applications for iOS and Android platforms. · Creating APIs that other developers can use. Software Solutions · Designing Software Solutions for various platforms such as Web, Desktop etc. Gamification · Consultation, design and development of Gamification projects for any business.

Arvand Studio Questions

The Arvand Studio annual revenue was $3 million in 2026.

2 people are employed at Arvand Studio.

Arvand Studio is based in Tehran, Tehran.

The NAICS codes for Arvand Studio are [33, 339].

The SIC codes for Arvand Studio are [394, 39].

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