NIMB Ace Capital, NIBL Equity Partners Give Rs. 21 Lakh to PM's Relief Fund
Summary
NIMB Ace Capital and NIBL Equity Partners have donated Rs. 21 lakh to the Prime Minister's Disaster Relief Fund after the Bhotekoshi flooding. Their portfolio companies have also pledged about Rs. 35 lakh to support rescue, relief and rebuilding efforts in the affected districts.
Key Points
- NIMB Ace Capital and NIBL Equity Partners contributed Rs. 21 lakh to the Prime Minister's Disaster Relief Fund.
- The donation is meant to support rescue and relief efforts after the Bhotekoshi flooding affected several districts.
- Portfolio companies under NIBL Equity Partners have separately pledged around Rs. 35 lakh in cash.
- Both firms said they would support long-term rebuilding and expanded financial access in the affected regions.
