KATHMANDU, AUGUST 29

NIBL Equity Partners has acquired a 28.8% stake in Himalayan Java Coffee Pvt. Ltd., supporting the company's expansion in Nepal and across South Asia. The signing ceremony was held on August 28 with participation from both organizations' leadership.

The investment aims to boost global expansion, regional exports, and new outlets in Nepal. CEO of NIMB Ace Capital, Shivanth Bahadur Pande, said the partnership would help position Himalayan Java as a global ambassador for Nepalese coffee. Founder Anand Gurung highlighted that the collaboration will help scale the brand globally while sustaining domestic growth and community-focused initiatives.

Himalayan Java, established in 1999, now operates over 70 outlets and has a growing digital presence with 23,000 app downloads, reflecting Nepal's rising specialty coffee culture. Meanwhile, NIBL Equity Partners is the private equity initiative of NIMB Ace Capital, the country's largest and most active banking and capital market institutions, and a subsidiary of Nepal Investment Mega Bank Limited.