Muhammad Nowkhaiz
Muhammad Nowkhaiz | |
|---|---|
محمد نوخیز | |
| Add a Photo | |
| Nationality | Pakistani |
| Citizenship | Pakistan |
| Education |
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| Occupation | Entrepreneur |
| Organization | Retailo |
Muhammad Nowkhaiz is a Pakistani entrepreneur and a founder of a variety of start-ups. Nowkhaiz has been a part of Shopistan, TaazaDaily, and was also a part of Careem as a Head of Strategy.[1]
In July 2020, Nowkhaiz co-founded Retailo Technologies with his partners Wahaj Ahmed and Talha Ansari.[2][3]
Early life and education
Nowkhaiz hails from Gujranwala, a small city located in the north of the Punjab, Pakistan. His parents are from Narowal. His father was a banker by profession and his mother was a school teacher.
In 2004, Nowkhaiz got enrolled in Cadet College Hasan Abdal for his secondary education. He applied for the National Outreach Program at Lahore University of Management Sciences soon afterwards, and was admitted into the institute.[4] After his first year at LUMS as an undergrad, Nowkhaiz chose Economics & Political Sciences as his dual-major.[5]
Corporate experience and employment
After graduating from LUMS in 2013, he took a job at Bagitt, a start-up founded by a fellow LUMS graduate. While the start-up did not survive, it gave Nowkhaiz the knowledge of running a start-up as well as the digital side of retailing. It was during this time that Rocket Internet was venturing into the Pakistani market by starting a few companies to test the waters. He then worked as Shopistan as Head of Strategy till 2016, the same year he founded Tazadaily, a subscription-based grocery start-up.[6][7][8]
Careem Pakistan
In December 2016, Nowkhaiz joined Careem Pakistan as a Vendor Manager, after his friend and now co-founder of Retailo, Wahaj Ahmed convinced him to. Nowkhaiz had to navigate the relationship between Careem and the automobile giants that the company had partnered up with, as the latter dictated which captains (or drivers) would drive their vehicles. However, Nowkhaiz did not enjoy working in this capacity, and soon became a Performance Manager working primarily to come up with incentive programs for the captains joining Careem. He led the strategy team that worked on Careem’s Super App[9] strategy post-Uber acquisition.[5][10][11]
In November 2017, Nowkhaiz took on a job in Careem Dubai as a Pricing Analyst and, in just a few months, became the head of the pricing team in Dubai. In July 2020, he left his job at Careem to launch a startup.[12]
Co-founding Retailo
In July 2020,[13] Nowkhaiz co-founded Retailo Technologies with his partners Wahaj Ahmed and Talha Ansari, both of whom were also fellow Careem alums.[14][15][16] Retailo is the "fastest-growing" B2B startup in MENAP[17][18], digitizing retail supply chains in the region. After raising $2.3 million in pre-seed funding in October, Retailo closed a $6.7 million seed round in May 2021 to expand its operations in Saudi Arabia and Pakistan before launching in other regional markets.[19] As a B2B app, Retailo helps retailers adopt an app-based way of acquiring goods for their retail outlets.[20][21] Retailo headquarters are located in Riyadh, and the company operates in both Saudi Arabia and Pakistan.[22]
References
- ↑ "Retailo raises $2.3 million pre-seed for its B2B ecommerce marketplace in Saudi & Pakistan". Pakistan Defence. Retrieved 2021-12-31.
- ↑ "Saudi E-commerce Startup Retailo Raises Record $6.7M Seed Investment". Startupscene. Retrieved 2021-12-31.
- ↑ Desk, BR Web (2020-10-12). "Eyeing expansion in Pakistan & KSA, Retailo raises $2.3mn pre-seed". Brecorder. Retrieved 2021-12-31.
- ↑ "The Capital Quest | Saudi Arabian B2B marketplace Retailo secures seed funding". The Capital Quest. 2021-05-06. Retrieved 2021-12-31.
- ↑ 5.0 5.1 "Retailo | AgFunder". agfunder.com. Retrieved 2021-12-31.
- ↑ "Taza Daily - Lahore". www.lahoreindustry.com. Retrieved 2021-12-31.
- ↑ "RetailO". Retrieved 2021-12-31.
- ↑ "Thought Behind Things: 170 | Fastest B2B Tech Startup Ft Retailo on Apple Podcasts". Apple Podcasts. Retrieved 2021-12-31.
- ↑ Staff, Editorial (2020-10-12). "Saudi Arabia's B2B platform Retailo raises $2.3M Pre-Seed funding". LAFFAZ. Retrieved 2021-12-31.
- ↑ "Retailo raises $2.3 million pre-seed for its B2B ecommerce marketplace in Saudi & Pakistan". MENAbytes. 2020-10-12. Retrieved 2021-12-31.
- ↑ "B2B PLATFORM RETAILO RAISES $2.3M IN ONE OF THE LARGEST PRE-SEED FUNDING OF MENAP". TechJuice. 2020-10-12. Retrieved 2021-12-31.
- ↑ "170 | Fastest B2B Tech Startup Ft Retailo by Thought Behind Things". Anchor. Retrieved 2021-12-31.
- ↑ "EIT Health". startups.eithealth.eu. Retrieved 2021-12-31.
- ↑ "Saudi Startup Retailo concludes seed round, secures $9mln total investments within 9 months of operations". www.zawya.com. Retrieved 2021-12-31.
- ↑ "RETAILO - SaaS community". https://www.saascommunity.com/. Retrieved 2021-12-31.
{{cite web}}: External link in|website= - ↑ Writer, Staff (2021-05-06). "Riyadh-Based Retailo Raises $6.7 Million Seed To Grow Its B2B Marketplace In MENAP". MartechVibe. Retrieved 2021-12-31.
- ↑ Dawn.com (2021-05-06). "Startup Retailo secures $6.7 million seed funding, total investment reaches $9m". DAWN.COM. Retrieved 2021-12-31.
- ↑ "MENA | Arzan Venture Capital". Retrieved 2021-12-31.
- ↑ "Retailo founder Talha Ansari talks supply chain digitalization in Asia". AFN. 2021-09-15. Retrieved 2021-12-31.
- ↑ "Retailo | Arzan Venture Capital". Retrieved 2021-12-31.
- ↑ Fastest B2B Tech Startup Ft Retailo | 170 | TBT, retrieved 2021-12-31
- ↑ Chaudhary, Zeenat (2021-11-30). "Retailo: The B2B Marketplace for SME Retailers". Aurora Magazine. Retrieved 2021-12-31.
External links
This article "Muhammad Nowkhaiz" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.