Notable author Mandy Hale said, “There is nothing more beautiful than someone who goes out of their way to make life beautiful for others.” Fahim Saleh wanted to make the earth a better place through his brilliant ideas, superb technological knowledge, and clever investment skill. For his splendid success at a comparatively young age, people used to call Saleh ‘Elon Musk of the developing world’. The untimely death of this visionary entrepreneur has caused an irreplaceable loss in the tech world. Read this article to know about the life, career, and death of Fahim Saleh.
Fahim Saleh was born on 23 September 1986 to Bangladeshi parents in Saudi Arabia. Fahim’s father Saleh Ahmed worked as a software consultant at IBM. Saleh’s family used to live in the middle east for several years. Then they moved to Poughkeepsie, New York in the United States. Saleh spent an amazing childhood with his parents and two sisters (Rif Saleh and Ruby Bashir). He had an interest in collecting wristwatches and exclusive electronic gadgets.
During the years of Schooling in New York, Saleh used to spend hours playing video games. This hobby might have incited his interest in technology. As the proverb goes, “Morning shows the day”, Saleh built a family website (websiteSalehfamily.com) at a very young age. His first creation was appreciated by his family which inspired Saleh to go deep down in tech matters.
Like other kids of his age, young Saleh was naughty. He was caught for scratching neighbors’ cars with rocks, which cost his family a fortune. This incident made Saleh realize that it was time to make some money for himself. This boisterous kid translated his joviality into creativity.
In his teen years, Saleh learned coding and started apps development. At the age of 15, Saleh built a social network called ‘teen-hangout.com’ which was appraised as “too-early-for-its-time”. When Saleh started making some earnings from this community-centered blogging forum, his creative efforts got further encouraged.
Besides carrying out school education, Fahim Saleh nurtured his passion for technology. Targeting young people, he created websites like such as msndollz.com, AIMdude.com, iconfun.com, icondude.com, etc. His hard work was paid back when the sites and apps started to generate decent income per month. In 2006, his first company, Wizteen, Inc., crossed $400,000 in revenue. As his trial-and-error based online projects brought noticeable success, Saleh gravitated to the world of internet-focused entrepreneurship.
During the years of graduation (2005 to 2009) in the Computer Science and Engineering (CSE) department at Bentley University in Waltham, Massachusetts, Saleh could efficiently combine his academic knowledge with his obsession with technology.
Saleh started his second company ‘TapFury’ in 2010 and created the wildly famous platform PrankDial, which allowed people in making anonymous prank phone calls. This venture had grown into a $10 million business by the end of his graduation. These windfalls fueled Saleh’s unquenchable thrust for creating serial online projects.
Besides making huge money through internet-based projects, Saleh desired to invest his revenue for the development of other people. The benevolent heart Fahim Saleh extended his helping hand to the destitute people who suffered the Rana Plaza accident in 2013. While the other youths of his age were making preparing for salaried jobs, Saleh was planning to create better opportunities for young people.
Realizing the struggle of students and office-goers in managing transport, Fahim Saleh channeled his creativity in the transportation sector. In 2014, Fahim Saleh founded a company titled ‘HackHouse’ in Dhaka, Bangladesh. This company served as a tech incubator for starting potential venture projects focused on the private transportation (bike, motorcycle, and taxi) sector in Bangladesh.
By virtue of his brilliant and innovative mind, Saleh co-founded several start-up projects like Jete Chao, Call Spring, Jaben, Dhaka Rides, and Pathao in Dhaka. Among these ventures, Pathao got groundbreaking success as a courier (home delivery) and motorbike ride-hailing service in Bangladesh and Nepal. Pathao got enlisted as a 100 million dollar company, making the farsighted young entrepreneur Saleh a successful tech millionaire.
The legendary Bangladeshi-American capitalist Fahim Saleh never stopped his terrific journey in the path of innovation and creativity. Since 2015, he had been working as CEO in a New York-based tech company KickBack Apps who created entertainment apps like PrankPad, Textr, etc. His forte of entrepreneurship involved Saleh with diverse start-ups and companies worldwide.
The momentous success of Pathao encouraged this tech mogul in trying similar ventures in other countries. In this wake, Saleh founded motorbike ride-hail startup ‘Gokada Rides Ltd’, headquartered at Lagos in Nigeria. By June 2019, Gokada made $5.3 million in revenue. Saleh envisioned expanding the company in other sectors like product delivery.
However, in January 2020, Lagos state government put a ban on bike riding across the majority roads in that state, which severely affected the operations of Gokada. In response to this incident, Saleh expressed that being an entrepreneur had never been easy and wished to continue his incredible tech journey in new territories with fresh ideas.
On July 14, 2020, Saleh's decapitated and dismembered body was found in his luxury apartment located on the Lower East Side of Manhattan, United States. On July 17, NY Police arrested Saleh's former personal assistant, Tyrese Devon Haspil under ‘second-degree’ murder charge. However, 21-year-old Haspil has pleaded ‘not guilty’ against his involvement in the Saleh murder case.
Saleh’s gruesome murder shook the tech community with shock, sympathy, and bereavement. He was only 33 years old during the time of death. Until the last breath, this pioneer young entrepreneur worked for making the world a superior place for other people. Fahim Saleh’s impulsive death has deprived the developing world of potential problem-solving ventures as well as employment opportunities. Not to mention, this brave son of mother earth deserved to live longer.
Islami Bank Bangladesh Limited inaugurated its Sheikhpara Bazar sub-branch under Jhenaidah Branch at Sheikhpara adjoining to Islamic University, Kushtia recently.
Md Maksudur Rahman, Senior Executive Vice President and Head of Jashore Zone of the Bank inaugurated the sub-branch as chief guest.
Professor Dr Mohammad Mustafizur Rahman, General Secretary of Islamic University Teachers’ Association, Kushtia, Abdul Hakim Mollah and Rejaul Karim Khan, President and Secretary of Sheikhpara Bazar Bonik Somity respectively addressed the program as special guest.
Presided over by Md Mizanur Rahman, Senior Assistant Vice President and Head of Jhenaidah Branch, Md.Mustak Ahmed, In charge of the sub-branch thanked the audience.
Cross-section of the local community was present on the occasion.
Prime Bank and online shopping marketplace, Daraz Bangladesh, have joined hands to facilitate MSME financing to e-commerce merchants without any collateral.
As per an alliance formed recently, the merchants of Daraz Bangladesh, a subsidiary of Alibaba Group, will avail easy access to MSME loan from Prime Bank, according to a press release.
Eligible marchants of Daraz can now enjoy collateral free loan up to Tk 50 lakh and other tailor-made financial solutions.
The merchants can also avail a wide range of deposit products and free Internet Banking – ALTITUDE - for conducting broad range of e-transactions.
They will need two-year business experience and recommendation letter from Daraz Bangladesh.
The MSME entrepreneurs can apply for loan from the comfort of their office or home as Prime Bank has assigned dedicated Relationship Manager for exclusive service for the valued marchants of Daraz Bangladesh.
Under the arrangement, the merchants will also get working capital (CC, OD and Demand Loan), Term Loans for Fixed Asset Purchase and Capital expenditures, International Trade solution- LC, LATR, IDBP etc., Bank Guarantee, Work Order etc.
The alliance between Prime Bank and Daraz Bangladesh is aimed at encouraging MSME businesses to conduct business through digital platform alongside traditional method.
Prime Bank and Daraz Bangladesh will work together to cater to banking needs of MSME businesses and facilitate their financial upliftment.
Prime Bank and Bangladesh Computer Samity (BCS) have joined hands to facilitate MSME financing to ICT companies without any collateral.
The partnership titled “Prime Bank-BCS Alliance to Facilitate MSME Financing to ICT Industry” will enable easy access to finance to the ICT hardware and accessory companies as they prepare for next step of expansion against the backdrop of the government’s vision of Digital Bangladesh, according to a press release.
Eligible BCS members can avail collateral-free loan up to Tk 50 lakh and other tailor-made financing solutions.
Under the arrangement, the IT firms will get working capital (CC, OD and Demand Loan), Term Loans for Fixed Asset Purchase and Capital expenditures, International Trade solution- LC, LATR, IDBP etc., Bank Guarantee, Work Order etc.
They can also avail a wide range of deposit products and free Internet Banking – ALTITUDE - for conducting broad range of e-transaction. They will need two-year business experience and introduction letter from BCS.
The companies can apply for loan from the comfort of their office or home as Prime Bank has assigned dedicated Relationship Manager for exclusive service for valued BCS members.
The partnership between BCS and Prime Bank will create a facilitating business ecosystem for MSME entrepreneurs in ICT industry, who are members of the trade association.
Earlier, Prime Bank has formed financing alliance with key trade associations in the field of ICT and ITES – Bangladesh Association Software and Information Services (BASIS), e-Commerce Association of Bangladesh (e-CAB), Internet Service Providers Association of Bangladesh (ISPAB), Bangladesh Association of Call Center and Outsourcing (BACCO) and Bangladesh Computer Samity (BCS).
Prime Bank Managing Director and CEO Rahel Ahmed and President of BCS Md. Shahid-ul-Munir formally launched alliance through a virtual press conference on July 21, 2020. Private Industry and Investment Advisor to the Prime Minister Salman F Rahman MP joined the program as the Chief Guest.
Commenting on the alliance, Managing Director and CEO, Prime Bank Rahel Ahmed, said, “Prime Bank is fully aligned with the government’s vision of making a Digital Bangladesh as the country sets sight to become a middle income country. ICT hardware and accessory industry holds immense potential for becoming a game changer for Bangladesh economy.”
BCS Vice President Md. Jabedur Rahman, BCS Secretary General Mohammed Monirul Islam, Prime Bank’s Head of MSME Banking Syed M Omar Tayub and Head of Brand and Communications Nazmul Karim Chowdhury were also present.
The Standard Chartered Bangladesh, Kumudini Welfare Trust and City Group are working together to deliver essential food items to 25,000 people from 5,000 distressed families in Mirzapur of Tangail.
Standard Chartered has already launched several initiatives to stand beside the people during this crisis. This will be the bank’s first assistance programme targeting semi-urban and rural communities, according to a press release.
Naser Ezaz Bijoy, CEO, Standard Chartered Bangladesh, said, “We are fully focused on supporting Bangladesh and its people rise above the COVID-19 challenges through community initiatives that deliver rapid emergency assistance to vulnerable communities and support economic recovery.”
He hoped to announce more COVID-19 support measures from his bank in the near future.
Rajiv Prasad Shaha Chairman and Managing Director of Kumudini said: “It gives us great pleasure to partner with Standard Chartered Bank to provide vital food support to the poor and needy families affected by this crisis brought about by the COVID-19 pandemic. We are reaching out to the community to address their medical needs during this difficult time and thank Standard Chartered for their Support.”
The Bank is also collaborating with BRAC to deliver support packages to 25,000 people from 5,000 low-income families, residing in locked-down urban areas. The bank is supporting daily treatment cost of 120 COVID-19 patients at the Sajida Hospital Narayanganj, which has been converted into a dedicated COVID-19 treatment centre.
Standard Chartered has contributed $300,000 to the Red Cross for the provision of urgent medical support and $1.3 million to UNICEF for the immediate protection and education of vulnerable children in Bangladesh.
It has announced a broad range of support measures for its retail customers and businesses, including loan repayment holidays, fee waivers or cancellations and loan extension facilities.
It has initiated a $1 billion global financing program for companies that provide goods and services to help the fight against COVID-19. It has also launched a $50 million fund aiding communities affected by the pandemic across its global footprint, including Bangladesh.
Kumudini Welfare Trust has been serving the poor and the needy since 1947 in the areas of Healthcare and Education aiming to build a prosperous fair and all-inclusive society free from bias and discrimination where each individual has equal opportunity regardless of caste, creed, gender, class or ability.
Kumudini Hospital has continued treatment of patients from the very beginning of the crisis. It has set up an isolation ward for patients suspected of contracting the COVID-19 virus. In addition, for patients unable or unwilling to come to the hospital for regular treatment, follow up or even in case of emergency needs, services have been extended to the community through an innovative telemedicine service.