Kathmandu: An investment agreement has been signed between NIBL Equity Partners and Himalayan Java Company.
At a ceremony organized in Naxal on Thursday, the agreement was signed by Chief Executive Officer of NIBL Equity Partners, Shivanta Bahadur Pandey, and Founder of Himalayan Java, Gagan Pradhan.
The investment agreement was made with the objective of taking and promoting Nepali brands and originality in the global market. On the occasion, CEO Shivanta Bahadur Pandey expressed confidence that this investment would make Nepali businesses more capable and stronger to compete in the global marketplace.
He said, “We want to establish Himalayan Java in the international market, and this is also our long-term commitment.”
On the occasion, Himalayan Java Founder Gagan Pradhan said that with the investment of NIBL Equity Partners, the company had gained added confidence to reach the global market.
“This partnership is a significant milestone in our journey. We are committed to creating jobs within the country and pursuing sustainable growth through professional training,” he said. The main objective of this partnership and investment is to expand Himalayan Java into the global market.
The expansion will begin from Asia and Australia. In addition, it will also support the operation of new outlets within Nepal. NIBL Equity Partners stated that the investment was made as part of its strategy to take Nepali brands abroad.
Established in 1999, the coffee brand has been operating more than 70 outlets in Nepal, 18 Himalayan Java Express outlets, and two high-end flagship outlets.
The investment is expected to increase Himalayan Java’s sales, enhance the possibility of exports to the global market, and create significant opportunities for farmers, roasters, baristas, and all involved in the franchise chain, according to NIBL Equity Partners.
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