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Alumni in the News

IBA Alumnus, Mr. Hamza Nisar Kushtiwala, elected as the Chairman- PHMA

IBA Alumnus, Mr. Hamza Nisar Kushtiwala, elected as the Chairman- PHMA

January 1, 2021: We are pleased to inform you that Mr. Hamza Nisar Kushtiwala, IBA Alumnus of BBA/MBA Class of 2005, has been elected as the Chairman of All Pakistan Hardware Merchants Association for the term 2020-21.

The association was established in 1950s with West Pakistan and East Pakistan wings, and classified as an 'A' Class association by the government of Pakistan. It is a registered body and is affiliated with FPCCI.

Recently their trade delegation to Karachi Chamber of Commerce & Industry was covered by national media as follows:

https://epaper.thefinancialdaily.com/epaper/edition/922/the-financial-daily-epaper-25-11-2020%09/page/2

https://epaper.jasarat.com/2020/11/25/karachi/10

Mr. Hamza's previous contribution to business associations was as Vice Chairman & as Senior Vice Chairman of ECMMA (Engineering Components & Machinery Manufacturing Association of Pakistan)

IBA Alumnus, Anas Arif shares his venture's investment success story

IBA Alumnus, Anas Arif shares his venture's investment success story

November 5, 2020: Anas Arif, IBA Alumnus of BBA class of 2013 and MBA class of 2019, is the co-founder of Bagallery Pvt Ltd. Recently they concluded their first round of pre series A funding of $900,000.

Bagallery also became the #1 e-commerce beauty & fashion specialist in Pakistan with 4.5x growth in revenues, 3x growth in the size of the team, moved to a new office facility, new warehouse facility and securing an investment of $900,000 as part of our Pre-Series A funding in the year 2020.

An article highlighting this success story can be found at: https://profit.pakistantoday.com.pk/2020/11/05/pakistans-beauty-fashion-e-commerce-startup-bagallery-com-raises-900000-from-lakson-vc/