NIBL Equity Partners will invest 95 million in Delish Dairies

KATHMANDU:Private equity fund NIBL Equity Partners has agreed to invest Rs 95 million in Delish Dairies. NIBL Equity Partners is a subsidiary of NIMB Ace Capital Ltd. According to Delish Dairies, this deal has boosted the company's ambition of becoming the country's leading dairy producer.

NIBL Equity Partners is thrilled to partner with Delish Dairies," said Mr. Shivanth Pandé, CEO of NIMB Ace Capital Limited. "Their commitment to quality, innovation, and supporting local communities aligns perfectly with our mission. This investment is a catalyst for growth, benefiting Nepali consumers, job creation, and the nation's overall economic development."

Mr. Sandeep Paudel, Co-founder and CEO of Delish, expressed his enthusiasm: " NIBL Equity Partners' expertise and capital injection arrive at a pivotal moment in our growth trajectory. This partnership strengthens our ability to solidify our position as Nepal's leading dairy producer, offering consumers a taste of happiness with every bite, while adhering to sustainable practices and empowering local milk producers. With this investment, we are excited to establish Delish as the go-to brand for high-quality dairy products, including a wide variety of domestically produced cheeses."