TRG Pakistan

TRG Pakistan
Company typePublic
PSXTRG
KSE 100 component
IndustryVenture capital
Founded2003; 23 years ago (2003)
Founder
HeadquartersKarachi, Pakistan
Key people
Mohammed Khaishgi (Chairman)
Hasnain Aslam (CEO)
Increase Rs. 4.647 billion (US$17 million) (2025)
Total assetsIncrease Rs. 46.688 billion (US$170 million) (2025)
Total equityIncrease Rs. 33.286 billion (US$120 million) (2025)
OwnerGreentree Holdings (28.54%)
Number of employees
6 (2025)
SubsidiariesTRG International Limited (45.3%)
Websitetrg.com.pk
Footnotes / references
Financials as of 30 June 2025[1]

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]

History

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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]

Subsidiaries

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References

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  1. ^ "TRG Pakistan Annual Report 2025" (PDF). Retrieved 1 October 2025.
  2. ^ Ali, Meiryum (February 20, 2021). "The TRG stock phenomenon, explained". Profit by Pakistan Today. Archived from the original on November 2, 2021. Retrieved November 2, 2021.
  3. ^ Zaidi, Nazzir (2025-08-15). "TRG Pakistan Financial Review: Reaping Benefits of Portfolio Company Performance with Rs. 4bn Profit in First 9 Months". ProPakistani. Retrieved 2025-12-19.
  4. ^ "Broadening the retail base in stock market". DAWN. 19 July 2004.
  5. ^ a b "Acquisition". DAWN.COM. November 11, 2003. Archived from the original on September 17, 2024. Retrieved September 17, 2024.
  6. ^ "Resource Group acquires iSKY". DAWN.COM. May 28, 2004. Archived from the original on September 17, 2024. Retrieved September 17, 2024.
  7. ^ "TRG acquires US call centre firm". DAWN.COM. June 12, 2004. Archived from the original on September 17, 2024. Retrieved September 17, 2024.
  8. ^ a b c Tirmizi, Farooq (March 7, 2017). "After a stellar entrepreneurial run, TRG is Zia Chishti's swan song". Profit by Pakistan Today. Archived from the original on July 22, 2023. Retrieved April 14, 2024.
  9. ^ "TRG sells subsidiary for $1.75m". DAWN.COM. October 23, 2007. Archived from the original on September 17, 2024. Retrieved September 17, 2024.
  10. ^ "Ibex Holdings seeks listing on Nasdaq | ePaper | DAWN.COM". epaper.dawn.com. 27 February 2018. Archived from the original on 22 July 2023. Retrieved 14 April 2024.
  11. ^ a b c "TRG Pakistan case study". Archived from the original on 2024-05-18. Retrieved 2024-05-18.


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