CresVentures is an Angel Capital firm. Simply put, we connect entrepreneurs with resources to kick-start the next big idea. Through extensive market research and a hands-on mentoring experience, we consider ourselves to be the game changer for startups in Pakistan.
The Crescent Group (CG) has been in the business for more than 6 decades, and constitutes of businesses as varied as textile and financial services. From the softness of cotton to the strength of steel, it’s presence is felt in almost all the industrial sectors in Pakistan. The diversity of CG is reflected through the various independent operating companies located in established industrial locations all over Pakistan such as Karachi, Lahore and Faisalabad. The Crescent Group companies include market leaders in sectors including textiles, sugar, insurance and financial services. Today, CG has an annual revenue in excess of US $1 billion. The consistent growth of Crescent Group has resulted in numerous joint ventures and partnerships with fortune 500 and global 2000 firms and financial institutions. Influenced by the desire to create social impact, CSR is very big and in the DNA of all CG companies. CG partakes in various CSR and social impact activities, including but not limited to it’s affiliation and participation in the Crescent Educational Trust and the Crescent Foundation.
Pakistan is a playing field for hungry investors and social impact driven businesses to make it big. With extraordinary talent emerging in the Fintech, E-Commerce, SAAS, EdTech, Social Entrepreneurship and Transport sectors, there is a pressing need to shape the stage for the success of domestic startups. Let’s strive and fulfill that need. Let’s thrive and reach revolutionary milestones to relight the landscapes of Pakistan.
Humayun Mazhar is the Founder and CEO of CresVentures. A visionary by nature, he established himself as a key player in the IT export space in the mid-90’s, and now he aims to reshape the stage for Pakistani tech startups with a preference for innovative ideas advocating social change. His genius has evolved from decades of innovative business practices and management, and with his new venture, you can borrow what he is, what he’s learned and what makes him the powerhouse that he is. As the Founder and CEO of CresSoft- the first software export company in Pakistan Humayun spearheaded the company to put the country on the global IT outsourcing map, and in doing so, was able to make the fresh IT graduate the most eligible bachelor in the country at the time.