NIMB Ace Capital, NIBL Equity Partner Portfolio Companies Provide Over NPR 56 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 around Rs. 35 lakh to support rescue, relief and rebuilding efforts in affected districts.

Key Points
  • NIMB Ace Capital and NIBL Equity Partners contributed Rs. 21 lakh to the Prime Minister's Disaster Relief Fund.
  • Portfolio companies under NIBL Equity Partners separately pledged around Rs. 35 lakh in cash for the relief effort.
  • The donations were made after the Bhotekoshi flooding affected Rasuwa, Nuwakot, Dhading, Gorkha, Tanahun and Chitwan districts.
  • The firms said they would support long-term rebuilding through future investment and expanded branch presence.
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