Business Oxygen has signed its fifth exit SPA, with The Lakeside Retreat. The Lakeside Retreat is a resort themed hotel in Lakeside Pokhara. BO2 invested in the company to increase room inventory, promote MICE business segment and provide working capital. The divestment is under regulatory approval process.
Month: March 2022
Bo2 has signed exit SPA with Dalle
Business Oxygen successfully makes a 4th exit. Dalle Restaurant is a well-recognized brand name among Kathmanduites and one of the most popular fast-casual restaurant in Nepal. Bo2 investment helped them improve their market positioning , capacity building and expansion. Post Bo2 investment , we observed 233% increase in job creation for Nepalese youth.
Business Oxygen makes investment in Fusemachines and second round of investment in Genese Solution Pvt. Ltd.
Business Oxygen makes investment in Fusemachines, the leading AI talent and education platform and service provider. With Bo2 investment, 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.
Business Oxygen successfully makes second round investment in Genese. With the additional investment, Genese will focus on developing its services and human resource capacity at international standards, thus contributing in Nepal’s digital transformation.