In late 19th and early 20th century Lala Lajpat Rai himself was founder of many organisations, including "Arya Gazaette" are Lahore, Hisar congress, Hisar Arya Samaj, Hisar Bar Council, national DAV managing Committee. Lala Lajpat Rai was also head of the "Lakshmi Insurance Company," and commissioned the Lakshmi Building in Karachi, which still bears a plaque in remembrance of him. Lakhsmi Insurance Company was merged with Life Insurance Corporation of India when en masse nationalisation of Life Insurance business happened during 1956.