# Astha IT has successfully secured a $2 million investment from Fakir Fashion.

> Astha IT, a leading IT consultancy in Bangladesh and globally, secured a substantial investment from Fakir Fashion, a renowned apparel manufacturer. This partnership, signed by Fakir Fashion MD Fakir Kamruzzaman Nahid a…

Published: 2024-06-25 · Desk: Bangladesh · Source: Dhaka Tribune

Astha IT, a leading IT consultancy in Bangladesh and globally, secured a substantial investment from Fakir Fashion, a renowned apparel manufacturer. This partnership, signed by Fakir Fashion MD Fakir Kamruzzaman Nahid and Astha IT CEO Md Hasnaeen Rizvi Rahman, aims to dominate both local and global markets. With over 500 skilled professionals, Astha IT specializes in AI, DevOps, and software development. Under the agreement, Fakir Kamruzzaman will become the chairman of Astha IT, while Hasnaeen Rizvi's role remains unchanged. This collaboration, fueled by Fakir Fashion's reputation and Astha IT's expertise, seeks to drive innovation and digital transformation across sectors. Bangladesh's IT industry, highlighted by BASIS President Russle T Ahmed and BKMEA VP Fazlee Shamim Ehsan, shows promising potential for growth and empowerment of its workforce.

Original reporting: https://www.dhakatribune.com/business/347860/astha-it-secures-2m-investment-from-fakir-fashion
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