Genese Solution raises second round of Investment to $ 1 million.
KATHMANDU, Feb 16: Genese Solution Pvt Ltd, UK headquartered multinational IT company with a Nepal-based delivery center, and Nepal’s pioneer Cloud Consultancy, have secured an investment total of USD 1 million from Business Oxygen Private Limited with an added second round for its operations in the country. Business Oxygen had completed a first-round investment initially to Genese Solution in June 2021. With promising returns and prospects, it has added a further investment totaling the Bo2’s investment to USD 1 million to accelerate the growth of Genese Solution in becoming an emerging enabler of Digital Transformation across the globe. Business Oxygen […]
फ्युजमेसिनमा दश लाख अमेरिकी डलर विदेशी लगानी
शिक्षा प्लेटफर्म फ्युजमेसिनले बुधबार नेपालस्थित बिजनेस अक्सिजन प्राइभेट लिमिटेडबाट १० लाख अमेरिकी डलर विदेशी प्रत्यक्ष लगानी (एफडिआई) प्राप्त गरेको छ। बिजनेस अक्सिजन प्राइभेट लिमिटेड नेपालका स्थानीय कम्पनीहरूलाई विकास र मद्दत गर्ने उद्देश्यको साथ स्थापित संस्था हो। उक्त रकमबाट फ्युजमेसिनले नेपालमा रहेको कार्यालयमा दुई सय जना नयाँ इन्जिनियरहरू थप्ने र नेपालमा एआई शिक्षा र दक्षता विकासमा खर्चिने बताएको छ। ‘फ्युजमेसिनले नेपालको एआई शिक्षा र रोजगारीको परिदृश्यमा ठोस परिवर्तन ल्याउन सकेकोमा हामी प्रशंसा गर्छौं। साथै फ्युजमेसिनको एआई प्रतिभा उत्पादन गर्ने लक्ष्यमा हातेमालो गर्न पाउँदा हामी उत्साहित छौं,’ बिजनेस अक्सिजनका अध्यक्ष सिद्धान्त राज पाण्डेले भने। फ्युजमेसिनका प्रमुख कार्यकारी अधिकृत समीर मास्केले प्राप्त लगानीले […]
फ्युजमेसिनले भित्र्यायो १० लाख अमेरिकी डलर विदेशी लगानी
काठमाडौँ- शिक्षासम्बन्धी प्लेटफर्म फ्युजमेसिनले बुधबार नेपालस्थित बिजनेस अक्सिजन प्राइभेट लिमिटेडबाट १० लाख अमेरिकी डलर विदेशी प्रत्यक्ष लगानी (एफडिआई) प्राप्त गरेको छ। बिजनेस अक्सिजन प्राइभेट लिमिटेड नेपालका स्थानीय कम्पनीलाई विकास र मद्दत गर्ने उद्देश्यले स्थापित संस्था हो। उक्त विदेशी लगानीबाट फ्युजमेसिनले नेपालमा रहेको यसको कार्यालयमा २ नयाँ इन्जिनियरहरू थप्ने तथा नेपालमा आर्टिफिसियल इन्टेलिजेन्स शिक्षा र दक्षता विकासमा खर्च गर्ने बताएको छ। बिजनेस अक्सिजनका अध्यक्ष सिद्धान्तराज पाण्डेले भने- फ्युजमेसिनले नेपालको एआई शिक्षा र रोजगारीको परिदृश्यमा ठोस परिवर्तन ल्याउन सकेकोमा प्रशंसा गर्छौं। साथै फ्युजमेसिनको एआई प्रतिभा उत्पादन गर्ने लक्ष्यमा हातेमालो गर्न पाउँदा हामी उत्साहित छौं।’ फ्युजमेसिनका प्रमुख कार्यकारी अधिकृत समीर मास्केले प्राप्त लगानीले संस्थाको […]
फ्युजमेसिनमा बिजनेस अक्सिजन प्रालिको ११ करोड लगानी, नेपालमा थप २ सयलाई रोजगारी दिइने
फ्युजमेसिनमा बिजनेस अक्सिजन प्रालिले १० लाख अमेरिकी डलर लगानी गरेको छ । नेपालका स्थानीय कम्पनीहरुलाई विकास र मद्दत गर्ने हेतुले स्थापित संस्था बिजनेस अक्सिजन प्राइभेट लिमिटेडबाट १० लाख अमेरिकी डलर अर्थात ११ करोड ७९ लाख विदेशी प्रत्यक्ष लगानी प्राप्त भएको फ्युजमेसिनले घोषणा गरेको छ । प्राप्त रकमबाट फ्यूजमेशिनले आफ्नो नेपालमा रहेको कार्यालयमा २०० नयाँ इन्जिनियरहरु थप गर्ने साथै नेपालमा एआई शिक्षा र दक्षता अझ बढी बिकास गर्न प्रयोग हुने बताएको छ । बिजनेस अक्सिजन प्राइभेट लिमिटेडका अध्यक्ष सिद्धान्त राज पाण्डेले भने,‘फ्यूजमेशिनले नेपालको एआई शिक्षा र रोजगारीको परिदृश्यमा ठोस परिवर्तन ल्याउन सकेकोमा हामी प्रशंसा गर्दछौं साथै फ्यूजमेशिनको एआई प्रतिभा उत्पादन गर्ने लक्ष्यमा हातेमालो गर्न […]
Fusemachines secures $1 million in FDI from Business Oxygen
Fusemachines will deploy the funds to substantially grow its Nepal team, with the addition of at least 200 new engineers, the company says. Fusemachines, a leading AI talent and education platform and service provider, on Wednesday announced $1 million in foreign direct investment (FDI) from Business Oxygen Private Limited (BO2), a Nepal-based private equity fund bringing foreign investments to help local companies grow. Fusemachines will deploy the funds to substantially grow its Nepal team, with the addition of at least 200 new engineers, as well as to further advance AI education and upskilling initiatives in the country, the company said […]
Business Oxygen gets $7.3m from IFC
BO2, makes equity investments in Nepal’s high-growth small and medium enterprises (SMEs), helping them achieve their potential and create more jobs. Business Oxygen (BO2), Nepal’s first private equity fund, is receiving another $7.3 million from the International Finance Corporation (IFC), a member of the World Bank Group. The investment is being made through two funds managed by IFC, financed by the Climate Investment Funds and United Kingdom’s Department for International Development (DFID). This investment will help BO2 increase its financing for small businesses to help them cope with climate change, says a statement issued on Monday. BO2, makes equity investments […]
AgriBusiness Boot Camp a blueprint for success
Laxman Paudel, a resident of Dang, used to serve as a policeman. During the decade-long insurgency (1996-2006), he was forced to quit his job due to pressure from the Maoists. He struggled to eke out a living for him and his family. He then worked as a vendor selling wrist watches in the tourist town of Pokhara. His business wasn’t that good. So, one of his friends suggested to him, sell spices instead. “When I started the business, I had invested Rs400,” Paudel said. He added, “I used to sell black pepper syrup, turmeric powder, flour and other household materials, […]
Private Equity Investment for Company Growth
While alternative ways of finance such as angel investment come in the idea stage and venture capital for early stage of startups with higher risks, PE firms support the growth phase when the company has earned certain amount of revenue. –BY NIKEETA GAUTAM Unlike in advanced and emerging economies, entrepreneurs in Nepal do not have facilities of alternative financing to start or expand their businesses. While wealthy entrepreneurs have various sources of financing, new and struggling entrepreneurs find it very difficult for a collateral free way of financing to take their businesses to the next level. “Not all companies are […]
Food done right
With good food, consistent quality and lightning quick service, Dalle is well on its way to becoming a gastronomical institution -BIBEK SUBEDI Dec 29, 2016- The restaurant is not very lavish. It has a stripped-down menu. And it wants its guests to leave soon after the food on the table is over. Yet this eatery has become the talk of the town because of its momos which, many say, are showstoppers. Dalle, a fast food restaurant established five years ago, has now carved out a niche for itself as one of the best places for dumplings in the Kathmandu Valley. […]
IFC Appoints White Lotus as Fund Manager for ‘Business Oxygen’ to Support SME Growth
Kathmandu, Nepal, October 01, 2015 — IFC, a member of the World Bank Group, has appointed White Lotus Centre Pvt. Ltd. as fund manager for Business Oxygen, its SME ventures fund in Nepal.