Meera Biotech Pvt Ltd.

(MBPL) is a pharmaceutical company that manufactures pharmaceutical products like tablets and capsules.  The company intends to manufacture vaccines and biologics by implementing international best practices. This is one of the few pharmaceutical companies in Nepal that is owned and managed by people with medical degrees with extensive  local and international experience in the sector.

MBPL has signed a technology transfer agreement (TTA) with Korean bio-pharmaceutical company, Eubiologics, which is a South Korean bio-pharmaceutical company that engages in developing new vaccine for new epidemics and antibiotic resistance. MBPL is one of the first companies to have a TTA with a reputed foreign pharmaceutical company in Nepal.

Bo2 investments will help scale up their operations.

BO2 makes it’s first successful exit by divesting from Godawari International

BO2 has been successful in making its mark in the private equity space in Nepal by making its first exit in July 2019. This is the first successful exit made by an international private equity fund in Nepal. We had invested in Godawari International on April 2017 to help company increase its export of doggy chews, manufactured across several remote villages by several micro diaries in Province 1 of Nepal . At present, Godawari employs 17 direct individuals in its company with women representing 23% of the workforce. Women representation was nil prior to Bo2 investment. Our investment supplemented to support job of 1,750 people employed across 350 micro dairies located in Province 1 and 3 of Nepal and support supplementary income to more than 4,015 small holder farmers who have been supplying milk to these micro dairies. Godawari is one of the few USFDA registered dog chews processing companies in Nepal processing high quality chews.

Bo2 to invest in Bakas – nation’s first biomass pellets producer

BAKAS renewable energy will be the nation’s first Biomass pellet producer. This will also mark Bo2’s first investment in Province 2 of Nepal. Bakas renewable energy will utilize 30,000 MT of forest waste reducing forest fire risk to produce ~20,000 MT of Biomass pellets annually. This product will replace thousands of tons of coal imported annually to Nepal and shall foster practice of using sustainable and environment friendly source of fuel in Nepal along with import substitution of coal albeit in small scale