An investment agreement has been signed between NIBL Equity Partners and Himalayan Java Company. The agreement was signed by NIBL Equity Partners CEO Shivanta Bahadur Pandey and Himalayan Java founder Gagan Pradhan at an event organized in Kathmandu.
It is stated that the investment agreement was signed with the aim of bringing and promoting Nepali brands and originality to the global market. NIBL CEO Pandey expressed confidence that this investment will make Nepali businesses more capable and stronger to compete in the global market.
NIBL Equity Partners holds 28.8 percent stake in Himalayan Java.
“We want to establish Himalayan Java in the international market and this is our long-term commitment,” he said. Java’s founder Pradhan felt that the investment from NIBL Equity Partners has given him more confidence to reach the global market. “This partnership is an important milestone in our journey. We are committed to sustainable growth through job creation and vocational training in the country,” he said.
The company has stated that the main objective of the agreement and investment is to expand Himalayan Java into the global market, starting with Asia and Australia. It will also help in launching new outlets within Nepal. The investment was made by NIBL Equity Partners as part of a strategy to take Nepali brands abroad.
Founded in 1999, the coffee brand operates over 70 outlets in Nepal, including 18 Himalayan Java Express outlets and two high-end Gallery by Himalayan Java outlets.
It is believed that Himalayan Java’s sales will increase, and opportunities for export to the global market will increase. NIBL Equity Partners expects that this will create significant opportunities for farmers, roasters, baristas, and everyone involved in the franchise chain.
