19th September 2022, Kathmandu
Aadhyanta Fund Management Limited has successfully registered with the Securities Boards of Nepal and secured the license to operate as a Fund Manager in Nepal. The fund manager license has been granted in accordance with SEBON-Specialized Investment Fund Rules 2075.
The license allows the company to establish, manage and promote investment funds in Nepal. It will also create an alternative investment platform for investors in Nepal to generate higher returns and provide diversification benefits to investors as they seek to access relatively untapped opportunities.
The raised funds will be deployed in promising enterprises and sectors that are seeking growth capital to achieve their goal.
Manoj Paudel, Founder of Aadhyanta, said, “We are thankful for the innovative thinking that SEBON has shown. This innovation unlocks private capital mobilization to unleash Nepal’s potential for growth. We will focus on mobilizing private capital purposefully to grow enterprises that support Nepal’s development transition and aspirations.
We will be raising local and international capital from investors looking for alternative investment opportunities that deliver exception returns in the medium and long term and mobilizing the funds to achieve cross-industry and cross-border synergies as well as empowering entrepreneurs to lead innovation. We will work in the areas of infrastructure, innovative businesses, and sectors such as tourism, agriculture, health, and education that are of priority to achieving Nepal’s middle-income status along with Sustainable Development Goals by 2030.”
Promoted by institutional investors such as Rastriya Banijya Bank Limited, Agricultural Development Bank Limited, Sunrise Bank Limited and Laxmi Bank Limited, and prominent professionals and experts, Aadhyanta establishes itself at a unique cusp of public-private partnership in the enterprise ecosystem of Nepal.
Aadhyanta is a Nepali-owned fund mobilization platform with the mission to change how capital is mobilized for entrepreneurs and enterprises. We plan to accelerate Nepal’s transition to middle-income status by making investment accessible and engaging enterprises organically, taking risks together, and supporting them in each and every step.