iTeddy goes global – but creator keeps it real
Posted on 20 October 2008 by Halima Khatun

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 smiley-but-scary Peter Jones, and scowling and even scarier 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.
What’s also inspiring about Imran is that despite all the recent acclaim, he stays true to his roots, both religious and cultural. In today’s corporate culture, it’s easy to get distracted by fame, riches, and all the trappings that come with it. In times we’ve seen a number of young people thrust into the limelight, only to forget their upbringing. But Imran shows that you can be true to your family, religion and culture; success does not mean wining and dining with the masses, it’s the hard work that pays off. Despite his booming business, his offices are still above a garage in Bolton, and he cites memorising the Quran at the age of ten as his greatest achievements to date.
So whether Imran breaks America, or his iTeddy becomes last years must have, it’s fair to say that Imran Hakim stands as an excellent example of how you can be a successful Desi yet remain true to your roots.
Tags : business
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(5 votes. Average: 4.4 out of 5)
October 20th, 2008 at 10:17 am
he looks cute in the pic
October 20th, 2008 at 4:32 pm
well done to him
October 20th, 2008 at 11:27 pm
Thats a fantastic story, keeping it real!! Out of curiousity is he Bangladeshi?
October 20th, 2008 at 11:28 pm
No, he is pakistani..i found him to be a lil cocky on the show but readin this article makes me think he is a grounded and cultured young man. all the best to him.
October 20th, 2008 at 11:28 pm
v proud of him
October 20th, 2008 at 11:28 pm
mashAllah!!
October 21st, 2008 at 9:38 pm
Wow he made it!, wondered what happened to that teddy.
October 28th, 2008 at 6:35 pm
Alhamdullah….am proude to say we still have asian muslim who do very well in life and do not forget their roots….
November 12th, 2008 at 2:35 pm
I think the iTeddy is a great toy for kids. I can remember as a child, I used to have one of those old-fashioned teddybears, but would I have loved the iTeddy. I also think it’s a great way for kids to learn technology being safe at the same time!