Crescent Enterprises to double its investments in start-ups to AED 1 billion by 2022

Crescent Enterprises to double its investments in start-ups to AED 1 billion by 2022

Dubai, United Arab Emirates, (AETOSWire): CE-Ventures, the corporate venture capital platform of UAE-based Crescent Enterprises, has announced that it is doubling its venture capital investments in start-ups to reach AED 1 billion (USD 272 million) by 2022. Since its inception in 2017, CE-Ventures has already invested over AED 500 million (USD 136 million) in 32 start-ups and VC funds across the Middle East & North Africa (MENA), the US, India, and Southeast Asia. Crescent Enterprises is a multinational company headquartered in the United Arab Emirates. It operates under four platforms:…