Dolma Impact Fund I, Nepal
Region and countries in which the fund invests: Nepal
Jurisdiction of registration: Mauritius
Business sector: Private equity fund
Date of agreement (month/year): 6/2018 (2014 not disclosed)
Size and share of Finnfund’s financing (commitment): USD 3,100,000, 30.32%
Names of the companies financed by the fund:
Name | Sector | Region | Country |
Suri Khola Hydropower Private Limited | Renewable energy | Asia | Nepal |
CloudFactory Group Limited | IT services | Asia | Nepal |
Rhododendron Biotech Pvt. Ltd | Healthcare | Asia | Nepal |
Swet Ganga Hydropower & Construction Pvt Ltd | Renewable energy | Asia | Nepal |
Fusemachines Inc | IT services | Asia | Nepal |
Sasto Deal Pvt. Ltd | IT services | Asia | Nepal |
Nidan Hospital Ltd | Healthcare | Asia | Nepal |
Solar Farm Pvt Ltd | Renewable energy | Nepal |
Brief description
Dolma provides capital and expertise to growth companies in Nepal. The fund is designed to generate sustainable private sector employment and stimulate further Foreign Direct Investment into Nepal.
Main development impact
The main development effects are related to investee companies and the development of the SME sector in Nepal. The investments are expected to create new jobs, especially for the young population, and increase substantially power production in Nepal.
More information
Last modified: May 2023