UAE - Mubasher: Crescent Enterprises recently unveiled an investment program of $68 million (AED 250 million) to scale CE-Creates, its venture-building platform, according to a press release.

CE-Creates operates as a sector-agnostic venture studio, deploying patient capital and hands-on operational support to turn early-stage ideas into scalable international businesses.

Through the new capital, along with the appointment of Rakhil Fernando as Head of CE-Creates, the platform will build high-growth, impact-driven startups from the UAE to global markets.

Badr Jafar, CEO of Crescent Enterprises, commented: “The UAE has become a launchpad for serious builders, and our collective vision is for the country to be known as the start-up capital of the world. With CE-Creates, our venture-building platform, we’re helping entrepreneurs convert purpose into performance – locally proven, globally competitive.”

CE-Creates has already incubated ventures, such as Kava & Chai, ION, and BreakBread.

Tushar Singhvi, Deputy CEO and Head of Investments at Crescent Enterprises, said: “This AED 250 million allocation marks an exciting new chapter for CE-Creates and for regional entrepreneurship.”

“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,” Singhvi added.

Fernando commented on his appointment: “Having built and scaled companies from the ground up, I know the hurdles founders face. At CE-Creates, entrepreneurs can build with confidence – backed by capital, operating tools, and partnerships that unlock regional and global potential.”