Foodmandu inks a MoU with Dolma Impact Fund for $ 4 million in funding, final approval from the Fund is yet to receive

Foodmandu and Dolma Impact Fund have signed a memorandum of understanding for a USD 4 million (NPR 46 crore) investment in the firm. The Fund has yet to provide final clearance to this investment. Foodmandu, Nepal's first and most popular food delivery company, has come a long way since its inception, making a significant impact in the restaurant/food industry and is considered one of the key contributors to the overall development of Nepal's e-commerce sector, serving over 800 restaurants to its 300K+ customer base in Kathmandu, Lalitpur, Kirtipur, Bhaktapur, and Pokhara. Foodmandu's independent verticals, Foodmandu Fresh and Foodmandu Bar, offer groceries and beverage delivery in addition to meal delivery.Dolma's investment will be the third and largest round of funding for Foodmandu, and there are plans for more Dolma follow-on investments in the future. True North Associates and Team Ventures, two additional private equity firms, have previously invested in...

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Dolma Impact Fund launches Dolma Climate Fund, marking its 10th anniversary

KATHMANDU, Sept 11: Dolma Impact Fund, Nepal’s pioneering international private equity firm, celebrated its 10th anniversary on Tuesday by launching the Dolma Climate Fund, a new initiative focused on investments in hydropower, solar energy, and the green transition.

Dolma Impact Fund launches Dolma Climate Fund, marking its 10th anniversary

KATHMANDU, Sept 11: Dolma Impact Fund, Nepal’s pioneering international private equity firm, celebrated its 10th anniversary on Tuesday by launching the Dolma Climate Fund, a new initiative focused on investments in hydropower, solar energy, and the green transition.

'Nepal needs to have a sovereign credit rating'

Since visiting the Langtang region in 2003 where he met his wife, to establishing the Dolma Fund Management in 2014, Founder and CEO Tim Gocher OBE has invested millions of dollars through Dolma Impact Fund I and Dolma Impact Fund II in Nepal’s tech, healthcare, and energy sectors and created 10,000 jobs.

JICA, Dolma Impact sign $10 million investment pact to aid Nepal’s growth

The Dolma Impact Fund has invested in companies like CloudFactory, Fusemachines, Sastodeal, Upaya Cargo City, and Foodmandu.

IFC in Dolma Impact Fund II

he International Finance Corporation (IFC) of the World Bank Group is investing $10million in the Dolma Impact Fund II to finance small and medium sized enterprises, in health care, renewable energy, technology, and other critical sectors, vital to Nepal’s post-pandemic recovery. SMEs contribute 20% of Nepal’s GDP and create over 60% of jobs but only 39% of them have access […]

Dolma Impact Fund II

he first close of the $40 million Dolma Impact Fund II has been announced as a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal. Investors are FMO, the Dutch entrepreneurial development bank, CDC Group, the UK’s development finance institution and impact investor, Swedfund, the Swedish development finance institution, and the […]

first close of Nepal-focused Dolma Impact Fund II

Dolma Fund Management announces the first close of Dolma Impact Fund II (Dolma II) – a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal. Investors in this $40m first close are FMO, the Dutch entrepreneurial development bank; CDC Group, the UK’s development finance institution and impact investor; Swedfund, the Swedish […]