Monis Rehman a Businessman

Journey Of Success

Monis Rahman a Pakistani Entrepreneur, Venture Capitalist, Businessman and CO-FOUNDER Of Rozee.pk.

Monis Rahman is a Pakistani internet entrepreneur, venture capitalist and businessman. Rahman is the co-founder and executive chairman of Naseeb Networks, Inc. a business-oriented social network used primarily for online job recruiting. Rahman has been listed among the top entrepreneurs of 21st century several times. Forbes named him at #6 on its list of top "Ten Big Hitting Asian Businessmen under 50".

Early life and education:

Rahman was born in Karachi, Sindh, Pakistan He spent his childhood in Saudi Arabia and the United States, due to his father's job as an urban-planning advisor for the United Nations. Rahman attended Saudi Arabian International School in Riyadh, received his B.S. in Electrical and Computer Engineering from University of Wisconsin–Madison, and graduated with an M.S. in Computer Engineering from Stanford University. During his studies Rahman wrote six patents, of which five were officially published.

Early years:

After completing his studies at Wisconsin, Rahman went to work at Intel. With the Intel team, he developed an Itanium microprocessor chip between 1991 and 1996 and left the job after looking at the dot-com bubble rise in order to start his own company. In 1997, Rahman and a partner started a company that installed cameras in daycare centers, allowing parents to watch the video streams online in real time. Edaycare.com attracted $2.5 million from investors, including Ron Conway, an early stage investor of Google and PayPal. A year later Rahman and his partner ran out of money, forcing them to sell the company for stock that was beneficially worthless

Rozee.PK:

In 2005, Rahman built a "quick and dirty" job site to post job openings for his parent company Naseeb Networks. Many other companies contacted Rahman to post their companies' and products' ads on his website. Rahman agreed to post their ads free of cost to help boost Naseeb's traffic.After receiving such a reception, the website became the primary business of Naseeb Networks. In 2007 Rozee.pk went into a completely functioning state, generating more traffic than Naseeb. Rahman used Naseeb's proceeds, and $2 million from Draper Fisher Jurvetson and ePlanet Ventures, to hire salespeople to go after large corporate clients, most of which still advertised job openings in newspapers. More than 63 000 companies actively post openings on Rozee.pk, paying between $29 for a single ad and up to $20,000 for a suite of services.

Rozee.pk has been listed as the number one employment website in Pakistan, with more than 65 thousand companies posting jobs, 32.53 million applications processed and 6 million unique visitors every day. In 2015, Rozee.pk won $6.5 million of investment from Vostok Nafta and Piton Capital, bringing the company's total venture capital funding to $8.5 million. In an interview Rahman stated, "As talent continues to move online at a rapid pace in emerging markets, businesses need increasingly sophisticated recruiting technology customized to nuanced local market dynamic