CREST, a fractional family office and innovative asset management firm, has successfully raised $3.1 million in a pre-seed funding round led by BEENEXT, Sparrow, Shastra VC, DeVC, Warmup Ventures, Atrium Ventures, and 91ventures. The funding round also included contributions from angel investors such as Amit Ranjan, Chirag Taneja, Revant Bhate, Shantanu Deshpande, and Kashish Sharma. The firm has indicated that the new capital will be utilized to enhance its technology platform, expand its family office and investment teams, improve regulatory and compliance capabilities, and develop its asset management services.
Overview of CREST
Founded by Girish Singhi and Zuhaib Khan, CREST operates as an AI-driven fractional family office and asset management firm, collaborating with founders, families, high-net-worth individuals, emerging ultra-high-net-worth individuals, and institutions to manage, structure, and protect wealth. The platform combines advisory services for family offices, asset management, technology integration, and community-centric engagement.
Services Offered by CREST
The diverse offerings of CREST encompass asset allocation, investment supervision, consolidated reporting, tax-efficient structuring, succession and estate planning, governance, philanthropy, real assets, alternatives, and long-term wealth stewardship. By adopting an advisory-first methodology, CREST assists clients in navigating various geographies, management structures, products, and asset classes while placing a strong emphasis on long-term wealth preservation and growth.
Market Landscape
According to the UBS Global Wealth Report, India is home to over 900,000 dollar millionaires, a figure projected to nearly double by 2030, with the nation expected to accumulate $2.4 trillion in new financial wealth.