Lucror Founder
Rawther from Western Ghats
Born in Palghat to Kaja Hussain Rawther and Paritha Rawther, Mujib grew up in a family that understood adversity, enterprise, and the value of education. His father overcame financial hardship to become an Advisor to the Kerala Government, while his maternal lineage instilled in him a respect for trade and entrepreneurship. At just 12, Mujib began learning the contracting business from his uncle, Sheik Dawood, during summer holidays-a formative experience that helped him discover his natural understanding of business.
Endless Learning
His uncle Sheik Dawood is a big lover of sports, so to provide him with live cricket scores he started to listen to BBC commentaries. This helped in improving his English-speaking skills. Watching Cricket world cup in 1982 ended up getting the lowest marks in his tenth grade, this resulted in taking up commerce. But it was hockey that revealed his true strengths. Encouraged by his cousin at 16, he rose to become captain of the Palghat district team, leading it to its first-ever cup victory. He went on to represent Kerala and Calicut University. Later, as captain of his college’s MIME team, he discovered the confidence to perform on bigger stages. These experiences taught him lessons in leadership, teamwork, and winning that no classroom could.
In 1992, Mujib moved to Madras to pursue CA and ICWA. The audit work did not excite him, so he joined with Unilever. It is the multinational exposure challenged his skill and strength, and he strongly says professionally it was one of his best work experiences. Further he went to work with Varma and Varma Chartered Accountant, a no1 CA from Kerala give him the exposure to large distribution business of the likes of Nerolac Paints, BPL and Eicher Motors. His boss Mr Sukumar Paniker believed in him and give an opportunity to manage such large clients.
Education was a special consideration for his father and realizing international education is a necessity in the global market, he went on to complete CISA, CIA, CRISC and CRMA.
He tooka bold leap to Dubai in 1999 at just 26 as Head of Internal Audit at Al Abbas Group. Through professional certifications and relentless ambition, he rose to COO by 31. During his tenure, the group expanded from 1 country, 7 business verticals, 50 brands, and 250 employees to 15 countries, 25 verticals, 250 brands, and 5,000 employees.In the year 2007, Forbes rated Al Abbas as no 63 in the Middle East.
Then came COVID-19, which wiped out his business savings in a matter of months. As he reflects, *“It took me 18 years to make money, but only a few months to lose it.” * It was perhaps his hardest lesson-and a turning point that strengthened his resolve to build again.
After nearly two decades in the corporate world, Mujib founded Lucror in the UAE in 2019, driven by his conviction that AI would transform business. Despite the pandemic, he persevered, eventually expanding Lucror into India in 2023. Today, his journey reflects a belief that leadership is learned through experience, setbacks are powerful teachers, and the courage to begin again can turn one person’s ambition into something much bigger. Today Lucror is the no1 company in selling Ai SaaS products.