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.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)
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/