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Business Oxygen Pvt. Ltd.

Sector: Hotel • Location: Nepal

Source: International Finance Corporation (IFC)

Project
Active

Ventures Nepal (the “Fund”) is one of the funds in the IFC SME Ventures program, which will provide risk capital financing and complementary advisory services to small businesses in challenging IDA countries. The target size of the Fund is $10 million, including IFC’s commitment of up to $7 million. In addition, IFC acting as Implementing Entity of the Pilot Program for Climate Resilience (PPCR),

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The project “Business Oxygen Pvt. Ltd.” is an infrastructure initiative in the Hotel sector, located in Nepal. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Description

Description

Ventures Nepal (the “Fund”) is one of the funds in the IFC SME Ventures program, which will provide risk capital financing and complementary advisory services to small businesses in challenging IDA countries. The target size of the Fund is $10 million, including IFC’s commitment of up to $7 million. In addition, IFC acting as Implementing Entity of the Pilot Program for Climate Resilience (PPCR), and Department for International Development (DFID) will invest up to US$3.6 million and up to US$4.0 million respectively. PPCR funds will help support climate resilient investments. The Fund will make risk capital investments of up to $500,000 in SMEs in Nepal. The fund manager will be White Lotus Centre Pvt. Ltd. (WLC), a local investment firm.

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High

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