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.
Month: November 2019
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
Bo2 partners to scaleup growth of Lakeside Retreat in Pokhara
Bo2 has invested in Lakeside Retreat, a hotel founded by a team of tourism professionals who have over 2 decades of experience in the industry. With Bo2 capital, the founders plan to further expand and grow by concentrating on MICE tourism in Pokhara. This marks Bo2’s third investment in Province 4 of Nepal.