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TRG Pakistan
Pakistani venture capital firm From Wikipedia, the free encyclopedia
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The Resource Group Pakistan, commonly known as TRG Pakistan, is a Pakistani venture capital firm specializing in investments in business process outsourcing, technology, and telecommunications companies. It is based in Karachi.[2]
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History
TRG was founded in 2003 by Mohammed Khaishgi, Zia Chishti, Hasnain Aslam.[3]
In July 2003, TRG was listed on the Karachi Stock Exchange following an initial public offering at a strike price of PKR 10.[4] In November 2003, TRG acquired a 40 percent stake in Centratel LLC, a provider of call center and telephone answering services in Bend, Oregon.[5] Previously, it made an investment in Los Angeles–based Alert Communications.[5]
In May 2004, TRG acquired iSKY Inc., a company providing customer care and marketing services to companies in North America and Europe.[6] In June 2004, TRG acquired DCS Inc., a South Dakota–based call center service provider, through its subsidiary Alert Communications, Inc.[7] A year later, in 2005, TRG made a seed investment in Afiniti, a software company developing artificial intelligence for use in customer call centers.[8]
In October 2007, TRG sold its shareholding of Central Voice, LLC to Endicott Communications for $1.75 million.[9]
In 2020, TRG's portfolio company ibex was listed on the Nasdaq.[10]
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