Imran Hakim, Founder of iTeddy

Thu, Apr 23, 2009

Young Entrepreneurs

Imran Hakim, Founder of iTeddy

Two years ago nobody had heard of Imran Hakim.  Then one day he entered the BBC’s Dragons’ Den with his brother dressed in a bear costume… it seemed like a joke at first, a pitch that would be remembered for all the wrong reasons.  But today, with a business turning over £11million, it’s fair to say that Imran’s the one laughing all the way to the bank.

As a result of the success, Bolton-based Imran has become one of the most successful young entrepreneurs in the country.  His interactive teddy bear, the iTeddy, which cleverly incorporates an MP4 player into a soft toy, has gone global, small thanks to his star turn on the business-based reality TV show. Imran took on the Dragons and managed to win over Peter Jones, and  Theo Paphitis.  Both Dragons jointly offered Imran the £140,000 he needed to take his innovative concept to the next level.

Since his win, Imran’s feet have barely touched the ground.  Last June, Imran signed a deal with Argos and went on to become a best seller.  Next month, he takes his product to Toys ‘R’ Us, Hamley’s, Harrods and Tesco.  The 30-year-old entrepreneur has also agreed a distribution deal which will see the iTeddy available in the U.S.  Nice work for a Lancashire lad.

The eldest of five children, Imran was born and raised in Bolton, and went on to study Optometry at UMIST.  Despite a successful career as an ophthalmologist, it’s Imran’s business acumen that brought him into the public consciousness.

www.iteddy.com

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2 Responses to “Imran Hakim, Founder of iTeddy”

  1. Sarah Says:

    Imran is an ambassador for Finnair the Fast Airline to Asia. Watch a recent video interview and find out more via this link http://www.finnair.com/profiles

    Reply


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