Sharjah-based Crescent Enterprises allocated AED 250 mn to expand its venture studio CE-Creates, with plans to back early-stage regional founders and help them scale internationally, according to a press release. Rakhil Fernando (LinkedIn) was appointed as head of CE-Creates.

About the company: CE-Creates is a venture-building platform that invests in and supports early-stage startups across multiple sectors. It provides phased funding and hands-on operational guidance as companies move idea validation to product development, market entry, and scale-up phases. Its portfolio includes ventures such as Kava & Chai, ION, and BreakBread.

What they said: “Our model blends disciplined capital deployment with on-the-ground operating support in ways traditional venture funding often does not — creating the conditions for sustainable growth and international scale,” Tushar Singhvi, deputy CEO and head of investments said.

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