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  • Iteddy: Imran Hakim

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    Anthony Guard
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    Imran Hakim created an electronic toy called iTeddy to introduce kids to technology. He pitched iTeddy on Dragons' Den where he secured an investment of $140,000 from two dragons for 40% of his company. This funding helped him land a major deal with toy retailer Argos to promote and sell iTeddy, making him a millionaire within a year as iTeddy was innovative for its time and appealed to both kids and parents.

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    iTeddy

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    Imran Hakim created an electronic toy called iTeddy to introduce kids to technology. He pitched iTeddy on Dragons' Den where he secured an investment of $140,000 from two dragons for 40% of his company. This funding helped him land a major deal with toy retailer Argos to promote and sell iTeddy, making him a millionaire within a year as iTeddy was innovative for its time and appealed to both kids and parents.

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    © All Rights Reserved
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    10 views2 pages

    Iteddy: Imran Hakim

    Uploaded by

    Anthony Guard
    Imran Hakim created an electronic toy called iTeddy to introduce kids to technology. He pitched iTeddy on Dragons' Den where he secured an investment of $140,000 from two dragons for 40% of his company. This funding helped him land a major deal with toy retailer Argos to promote and sell iTeddy, making him a millionaire within a year as iTeddy was innovative for its time and appealed to both kids and parents.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    IMRAN HAKIM

    ITEDDY

    DRAGONS DEN
    dragonsdeninvestors.com
    DRAGONS DEN

    IMRAN HAKIM
    iTeddy is a cuddly toy that was designed

    by Imran Hakim. He believed that as the

    2000s arrived with all its new electronics

    and programming, it was essential to

    introduce kids to electronic toys. He

    started out with very little but after his

    pitch to the dragons, he became their first

    millionaire within a year.

    ITEDDY WHY IT DID SO WELL


    It was innovative and revolutionary for its time.

    He was able to secure a good amount of


    For $19.99 you could get a bear with an
    investment for his toy.
    electronic play feature. iTeddy has games, music,
    He grabbed a deal from Argos, a toy retailer in
    educational tricks, and even cartoons to entertain
    the UK that helped promote his toy.
    kids. Adults can also record lullabies, bedtime

    stories, and poems. Kids can listen to them

    whenever they like.

    DRAGONS HELP
    Theo Paphitis and Peter Jones offered $140,000

    for a shared 40 percent in the company.

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