Aadhyant Fund Management Authorised to Act as Fund Manager

KATHMANDU, SEPTEMBER 19: Aadhyanta Fund Management Limited has successfully registered with the Securities Board of Nepal  (SEBON) and secured the license to operate as a Fund Manager in Nepal. The fund manager license has been granted by 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 respective goals," states a press release issued by the company. 

 "We will focus on mobilizing private capital purposefully to grow enterprises that support Nepal’s development transition. We will also 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," the release quoted Manoj Paudel, Founder of Aadhyanta, as saying. 

"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 Rashtriya Banijya Bank Limited, Agricultural Development Bank Limited, Sunrise Bank Limited, and Laxmi Bank Limited, and prominent professionals and experts, Aadhyanta aims to foster public-private partnership in the enterprise ecosystem of Nepal.

The company 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 every step, claims the release.