Striking a balance between creating value and generating fixed income

Tamarind Global Services Private Limited

Tamarind Global has been growing not just in size but also in different areas of operations. Tamarind Global is now operating in four main verticals: Tours, MICE (Meetings, Incentives, Conferencing and Exhibitions), Events and Online. The team has grown to over 250 young experienced professionals.

Tamarind Global is a focused destination and event management company offering bespoke solutions for individuals and corporates across the board and has a presence in the Middle East, Australia, U.K. Far East, South Africa, and East Africa.  Crest Ventures has over the years made the management a larger equity partner in this company and from a 100% holding today Crest Ventures holds only 23.14% in Tamarind Global.


TBOF Foods Private Limited (“TBOF”), founded by two brothers, Satyajit and Ajinkya Hange, is a direct-to-consumer (D2C) organic agri-food company selling over 15 SKUs to 616 cities and exporting to 18 different countries. TBOF has trained over 7,000 farmers in sustainable organic farming, and is a leading voice in the organic revolution.

The business was initially started by the founders in March 2018 and is based out of Bhodani village, a small village in the Indapur District of Maharashtra, near Pune. Their handcrafted, chemical-free organic food products are manufactured using traditional Indian methods, sourced primarily from their ECOCERT certified organic farms. Today, TBOF boasts of a strong management team and have won numerous awards for their work including India’s no 1 – online organic store by Vogue, the leading fashion and lifestyle magazine in India and Ajinkya Hange was awarded with the “Best Farmer” award by the government of Maharashtra – department of agriculture, for the year 2018-19, for his extraordinary contribution to the field of agriculture and allied agricultural activities. The company is best known for their cultured or desi gir cow ghee, produced from A2 milk. Other top selling products include wellness products like Chyawanprash, moringa powder and an immunity boosting powder that was developed in partnership with celebrity nutritionist, Luke Coutinho.

Crest Ventures holds 21% in TBOF.

CMS IT Services Private Limited

CMS IT Services Private Limited (“CMS”) is amongst India’s top infrastructure specialists having their presence in 220 locations with over 40 years of service. The range of services offered are primarily across infrastructure management solutions, servers and storage solutions, enterprise application solutions, system integrations solutions, information security solutions and cloud computing. Run by a highly competent and professional team, the organization aims to achieve significant growth and expansion in the coming years.

Crest Ventures holds 10% in CMS

Vascon Engineers Limited

Vascon Engineers Limited (“VASCON”) has more than 30 years of experience in conceiving, developing, constructing and managing varied projects. It has presence across multiple sectors including residential, industrial, IT parks, malls and multiplexes, hospitality and community welfare centres, schools and hospitals. Right from its inception in 1986, VASCON has remained committed to applying the art of value-based aesthetics into the science of construction through excellent engineering. The VASCON team is mainly made up of engineers who are backed up by highly qualified specialists from various fields of management. Right from planning and procurement to testing and execution, every VASCON professional follows well-documented systems and procedures. Today, VASCON ‘s achievements range from sprawling factories to premium homes, from glittering malls to towering software parks and classy elegant schools.

Crest Ventures holds 5.12% in VASCON.