Biography of Rezaul Karim: Angel Investor & Entrepreneur from Bangladesh
Biography of Rezaul Karim:
Early Years and Career Beginnings
Rezaul Karim hails from Hazaribag, where the leather
industry once thrived. Although his family had no ties to this industry, he
developed a deep interest in it from a young age. Starting in 1984, he worked
at a buying house to learn the trade. However, personal tragedy struck in 1986
when his father passed away, prompting him to temporarily shift to work in
advertising until 1997. Despite these challenges, his passion for the leather
business persisted.
Venturing into Entrepreneurship
As the leather industry in Hazaribag faced challenges due to
tannery shifts, Rezaul adapted by securing international orders, notably from
Japan. This success fueled his ambition to establish his own leather goods
business. With the support of his wife, he founded Rezaul Karim & Company,
aiming not only for profitability but also to create employment opportunities
in his community.
Investment Focus of Rezaul Karim
Rezaul Karim is an angel investor with a keen focus on
investing in startups in the E-Commerce and Information Technology sectors. His
investment strategy primarily targets companies in their early stages, from
pre-seed funding rounds onwards, particularly in Bangladesh.
Portfolio Highlights
One of Rezaul Karim's notable investments includes Deal
Bazaar, a platform designed to simplify cross-border shopping. This platform
enables users worldwide to shop conveniently from home, eliminating many of the
traditional barriers associated with international shopping.
Biography of Rezaul Karim: Angel Investor & Entrepreneur from Bangladesh/ Deal Bazaar/E-Commerce/ Information Technology, Pre-Seed, Funding Round, Bangladesh
Investment Details
Rezaul Karim actively seeks new investment opportunities and
primarily operates as an individual angel investor. His recent investments
include zant., a company in the healthcare services sector, where he
participated in a seed round investment on 30-Dec-2022. He has also invested in
ROOTs Edu, focusing on educational software, with both companies already
generating revenue.
Investment Breakdown
Rezaul Karim's investments are diverse in terms of industry
focus, with a notable presence in healthcare services and educational software.
His investment activities are tracked and analyzed by platforms like PitchBook,
providing insights into his investment history across different industries,
years, and regions.
Rezaul Karim's Role and Activities
As an angel investor, Rezaul Karim contributes personal
funds to promising startups in exchange for equity. His role involves assessing
potential investment opportunities, supporting portfolio companies, and seeking
new ventures that align with his investment strategy.
Data Transparency
For those interested in the accuracy of financial data
related to Rezaul Karim's investments, resources are available to ensure data
hygiene and transparency. This ensures that stakeholders receive reliable and
up-to-date information about his investment activities and portfolio
performance.
Challenges and Resilience Amidst Adversity
Since starting his business in 2016, Rezaul faced
significant hurdles, including the impact of the Covid-19 pandemic. International
orders were canceled, and the local leather industry faced a crisis in employee
retention. Despite these challenges, Rezaul prioritized his employees' welfare,
ensuring they were paid even during factory closures.
Future Goals and Expansion
Looking ahead, Rezaul plans to expand his business
internationally under his brand, Rooz. His vision includes enhancing production
efficiency and exploring new avenues for growth. With a strong commitment to
the leather industry and community welfare, Rezaul remains determined to
overcome obstacles and achieve continued success.
