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TUSHAR SINGHVI: TIPS TO SURVIVE 2020 AND THRIVE BEYOND
As we all adjust to the new norm, many businesses have been facing a new reality of slowing customer demand and supply-side disruption.
For entrepreneurs and startups in the early to medium stages of their company’s lifecycle, these are challenging times indeed. Just as businesses were scaling up, growth has been suddenly curtailed by circumstances beyond control.
With the impending recovery from COVID-19, there is a lot at stake for the startup sector and the economy at large. According to the International Monetary Fund, micro, small, and medium enterprises (MSMEs) account for 80 to 90% of all businesses in the MENA region, providing a much-needed source of job creation ...
CE-VENTURES LEADS FINAL CLOSE OF $26 MILLION SERIES
CE-Ventures, the corporate venture capital platform of Crescent Enterprises, a leading global, diversified business headquartered in the UAE, announced that it successfully led the extension to the Series A funding round totalling $26 million in Exeliom Biosciences.
Exeliom Biosciences is a France-based, clinical-stage biopharmaceutical company specialised in the development of microbiome-based immunotherapies.
The company is on a mission to bring innovation to the pharmaceutical treatment of inflammatory bowel diseases, cancer, and infectious diseases.
The microbiome consists of all living organisms — including microbes, bacteria, protozoa, and ...
Navigating the opportunities and challenges of investing in Saudi Arabia
Tushar Singhvi, Deputy CEO and Head of Investments at Crescent Enterprises, has a keen eye for spotting investment opportunities that can reap enormous benefits for his organisation.
Crescent Enterprises, known for its diverse portfolio, has recently ventured into the Saudi Arabian market.
In this interview, Singhvi discusses his insights on the Saudi Arabian market's opportunities, challenges, and untapped potential and how Crescent Enterprises plans to leverage the market to strengthen its foothold in the region.
The Saudi market is proving essential for startups in the region. "Saudi Arabia is the largest country in the Gulf region with a population of over ...
CRESCENT ENTERPRISES CLIMATE INNOVATION PRIZE AWARDED TO 4 GGOBAL ENTREPRENEURS
Crescent Enterprises announced the winners of its ‘Crescent Enterprises Climate Innovation Prize’ in partnership with MIT Solve, an initiative of the Massachusetts Institute of Technology (MIT) with a mission to drive innovation to solve world challenges. The winners were announced at COP28 Business & Philanthropy Climate Forum, where the entrepreneurs showcased their solutions and received AED 735,000 of non-dilutive funding from Crescent Enterprises.
Over 45 startups from within MIT Solve’s climate portfolio applied to Crescent Enterprises Climate Innovation Prize, and following a collaborative review and qualification process, 4 global ...
PARIS-BASED EXELIOM BIOSCIENCES COMPLETES FINAL CLOSE OF €24 MILLION SERIES A
Exeliom Biosciences, a clinical-stage biopharmaceutical company specialized in the development of microbiome-based immunotherapies with a mission to bring innovation to the treatment of inflammatory bowel diseases, cancer, and infectious diseases, announced today the completion of its €24 million Series A to progress the clinical development of its therapeutic pipeline, including several clinical trials of EXL01, a novel immunotherapy with applications in cancer and in infectious diseases.
This follows from the initial closing of €7 million in 2018, a first extension of €3 million in 2021 and the €6 million non-dilutive funding secured ...
INVESTMENT IN YOUTH CRUCIAL TO SUSTAIN SPEED OF GLOBAL TECHNOLOGY, INNOVATION
Youth is power, which was never more evident than at the recent start-up Sharjah Ideation Hackathon at Khorfakkan.
Sharjah Entrepreneurship Centre (Sheraa) and the University of Khorfakkan brought over 150 youthful, bright minds together to solve real-world problems such as those posed by the ports and logistics sectors.
The solutions were innovative, daring, and inspiring demonstrating that there is no shortage of entrepreneurial talent in the region.
This was revealed by Tushar Singhvi, Deputy CEO & Head of Investments at Crescent ...
TUSHAR SINGHVI: A RECESSION IS A GOOD TIME TO MAKE STARTUP INVESTMENTS
Dubai’s aim-for-the-skies D33 program aims to build on the strengths the city has already garnered, in trade for instance. Then there are those priorities that will have Dubai flesh out its strengths further, notably in the startup space.
Startups, innovation, digital smarts, and access to funding and investors – these will remain constant themes for Dubai and the UAE over the next 10-year cycle. The funds are there, whether that comes from government-affiliated entities, such as the Khalifa Fund or ADIO, or from private sector entities such as MEVP, GII, CE-Ventures and others.
Tushar Singhvi is Deputy CEO and Head of Investments at Crescent Enterprises, and part of ...
CRESCENT ENTERPRISES SHARES BUSINESS EXPERTISE WITH STUDENTS OF COLUMBIA BUSINESS SCHOOL
Crescent Enterprises, the UAE-based diversified conglomerate and a wholly-owned subsidiary of Crescent Group, hosted 32 MBA students from the New York-based Columbia Business School during their recent educational trip to the UAE. The engagement on 17 March was organised for the second consecutive year as part of a collaboration between Crescent Enterprises and the Columbia Business School to support initiatives that strengthen economic and academic ties between the two nations.
The students are visiting the UAE as part of the Columbia Business School’s Global Immersion course, through which they have the ...
NORTHLADDER CONNECTS CUSTOMERS LOOKING TO SELL PRE-OWNED ELECTRONICS TO A GLOBAL BUYERS.
NorthLadder is the Middle East and North Africa (MENA) region’s unique digital platform that enables frictionless trade of pre-owned electronics. Their model provides great value and convenience to consumers to sell their devices, as well as a steady and reliable supply to buyers on the platform. Today, the company announced a $10 million convertible note in the UAE, led by CE-Ventures, with supporting investment from BECO Capital, Venture Souq and Dutch Founders Fund. BECO had invested $5 million in the last funding round.
Since its launch, NorthLadder has served more than 30,000 customers, and has over 200 trade-in locations and 500+ dealers across three ...
TUSHAR SINGHVI: TIPS TO SURVIVE 2020 AND THRIVE BEYOND
As we all adjust to the new norm, many businesses have been facing a new reality of slowing customer demand and supply-side disruption.
For entrepreneurs and startups in the early to medium stages of their company’s lifecycle, these are challenging times indeed. Just as businesses were scaling up, growth has been suddenly curtailed by circumstances beyond control.
With the impending recovery from COVID-19, there is a lot at stake for the startup sector and the economy at large. According to the International Monetary Fund, micro, small, and medium enterprises (MSMEs) account for 80 to 90% of all businesses in the MENA region, providing a much-needed source of job creation ...
CE-VENTURES LEADS FINAL CLOSE OF $26 MILLION SERIES
CE-Ventures, the corporate venture capital platform of Crescent Enterprises, a leading global, diversified business headquartered in the UAE, announced that it successfully led the extension to the Series A funding round totalling $26 million in Exeliom Biosciences.
Exeliom Biosciences is a France-based, clinical-stage biopharmaceutical company specialised in the development of microbiome-based immunotherapies.
The company is on a mission to bring innovation to the pharmaceutical treatment of inflammatory bowel diseases, cancer, and infectious diseases.
The microbiome consists of all living organisms — including microbes, bacteria, protozoa, and ...
Navigating the opportunities and challenges of investing in Saudi Arabia
Tushar Singhvi, Deputy CEO and Head of Investments at Crescent Enterprises, has a keen eye for spotting investment opportunities that can reap enormous benefits for his organisation.
Crescent Enterprises, known for its diverse portfolio, has recently ventured into the Saudi Arabian market.
In this interview, Singhvi discusses his insights on the Saudi Arabian market's opportunities, challenges, and untapped potential and how Crescent Enterprises plans to leverage the market to strengthen its foothold in the region.
The Saudi market is proving essential for startups in the region. "Saudi Arabia is the largest country in the Gulf region with a population of over ...