Dolma Impact Fund

01/05/2024

Tim Gocher served as a panelist in the 'Innovative Financing Landscape' session at the Nepal Investment Summit 2024. The session explored opportunities and challenges for investors in Nepal's growing economy and the pivotal role of Development Finance Institutions (DFIs) in funding sustainable projects.

01/04/2024

Our Head of Operations, Shubhra Rayamajhi, served as a panelist in the 'Striking the Balance: CEO's Vision vs. HR Strategy in Organisational Success' session at the . During her participation, she emphasised the importance of collaborative prioritisation and the implementation of strategies by the CEO and HR to drive organisational advancement.

15/03/2024

We celebrated the 5th anniversary of our portfolio company, Upaya, alongside the IFC and BII teams.

Congratulations to Upaya on reaching this significant milestone and for their continuous contribution to the advancement of Nepal's logistic sector!

12/03/2024

We had a successful Investment Advisory Committee (IAC) visit last week! Big thank you to all the investor representatives from FMO, BII, Swedfund, DFC, JICA, Finnfund, OeEB, IFC, and DGGF for sharing your time and valuable insights with us.

08/03/2024

Happy International Women's Day!

Here's to strong women. May we know them, may we be them, may we raise them!

07/03/2024

During Dolma Impact Fund's annual investor meet, we introduced our DFI investors to government representatives to discuss support for the Nepal Investment Summit. Afterwards, we enjoyed a delightful dinner accompanied by the presence of esteemed guests including H.E. Dean R. Thompson, H.E. Rob Fenn, H.E. Danielle Meuwly, H.E. Veronique Lorenzo, Mr. Dhani Ram Sharma, Mr. Sushil Bhatta, Mr. Nishchal Adhikari, and Mr. Mani Raj Shrestha, as well as representatives from FMO, JICA, Swedfund, OeEB, Finnfund, and DFC.

UK in Nepal

04/03/2024

Last week, the Dolma team immersed in a three-day Environment and Social Management System (ESMS) training facilitated by Catriona Paterson of Paterson Sustainability Limited.

22/02/2024

Upaya City Cargo, Dolma's partner company, welcomed UK Minister for Development & Africa, Andrew Mitchell, to its warehousing facility in Kathmandu!

08/01/2024

Makar Jitumaya Suri Khola Hydropower Limited had its first AGM after being listed in the Nepal Stock Exchange for FY2023. The company marks a significant milestone in the sector as the first FDI-backed hydropower project listed in the exchange. Operating 6.5MW and 7 MW projects successfully, the company is contributing to sustainable energy and paving the way for a greener, more energy efficient future.

08/01/2024

Building upon the belief that knowledge and experience are essential stepping-stones in the ESG sector, we recently launched our first dedicated learning and sharing platform for experts across diverse sectors. Following a successful session where ESG experts from our portfolio companies shared experiences and explored ways to work together, we are eager to foster collaboration and collective growth within the ESG community.

25/12/2023

Wishing everyone a Merry Christmas and Happy Holidays from the Dolma team! 🎄 💫

11/12/2023

A big thank you to Mr. Niraj Giri, former Executive Director of SEBON, for sharing profound insights on the dynamic landscape of Nepal's capital market— presenting challenges and opportunities in the sector.

29/11/2023

Following the Nepal delegation's visit to London last month, the Dolma team is working with the finance minister to attract institutional investors for the financing of Nepal's hydropower exports to India.

14/11/2023

Happy Tihar! ✨🪔

23/10/2023

Wishing you all a very happy and prosperous Dashain. May this festival season bring boundless joy and love to all!

14/10/2023

We had a fantastic time hosting our very first inter-portfolio company futsal tournament! It was a day filled with boundless energy, excitement, and unwavering sportsmanship on the pitch. Congratulations to WorldLink Communications for clinching the top spot and Foodmandu for giving them a run for their money as the first runner-up in an exhilarating final match. A huge thank you to all the participating teams - Fusemachines, Chirayu National Hospital & Medical Institute, CloudFactory, Upaya, Rhododendron Bio-Tech Pvt. Ltd, Setikhola Hydropower Pvt. Ltd., and Swet Ganga Hydropower. We hope you had as much fun competing as we did organizing this event!

11/10/2023

Two days to go for our inter-company futsal tournament. We're all pumped for some friendly competition. Stay tuned! 🏆⚽️

25/09/2023

Upaya , our portfolio company, is Nepal's first tech-driven end-to-end logistics service provider. The following video by the Kathmandu Post shows how, with the e-commerce industry booming, technology and logistics are reshaping Nepal's e-commerce landscape.

FMCG products, personal care and grocery items followed by electronic goods, fashion and accessories are the key segments driving e-commerce growth.

18/09/2023

Double celebrations at Dolma! We marked our 9th anniversary and embraced the festive spirit of Teej. Grateful for nine incredible years as a team, we came together to honor tradition, express gratitude, and strengthen the bonds that make our Dolma family so unique and resilient.

Teej is a special occasion that holds great significance in our culture and is a time for celebration, reflection, and togetherness. On this joyous festival, Dolma extends its warmest greetings to all celebrating. May the festivities bring prosperity and happiness!

15/09/2023

The Dolma team enjoyed a three-day retreat in Pokhara filled with fun and learning. We had a team-building exercise organized by Borderlands, which provided valuable insights into ourselves and our team. Through a strategic session, we reaffirmed our vision, mission, shared values, and future goals.

13/09/2023

We were honored to host Michael Jongeneel, CEO of FMO, and other senior members of the FMO team at the Dolma office. We had an incredibly productive meeting as we delved into discussions about Dolma's energy portfolios and the future within this sector.

It was good to welcome back Matthew, who previously worked as a Business Development Manager at Dolma Himalayan Energy.

08/09/2023

Dolma team visited the MD and team of Apollo Hospitals, the largest hospital chain in India, this week in Chennai. We had a great and productive meeting discussing the hospital landscape and growth opportunities in the industry!

01/09/2023

Foodmandu and Dolma had an insightful visit to Bangalore in August, where the teams got to meet and tour the warehouse facilities of Ecom Express Limited, 'The Bowl Company' - Swiggy's cloud kitchen, and Kitchen@. It was an exciting opportunity to connect with industry leaders in food delivery and e-commerce while exploring Bangalore's vibrant restaurant scene.

03/08/2023

Delighted to host Susan Lund, Vice President - Economics and Private Sector Development at IFC, at Upaya's Fulfillment Centre (Upaya Space) in Pepsicola. It was great to share insights about Nepal's logistics sector with the IFC team. Upaya, Dolma’s portfolio company, is developing technology & infrastructure to transform the logistics landscape in Nepal.

01/08/2023

We are happy to support Institute for Integrated Development Studies (IIDS)'s recent study 'Unleashing IT: Advancing Nepal's Digital Economy,' along with our portfolio companies Fusemachines and Cloudfactory.

In Nepal, the IT sector presents an opportunity to contribute to a steady economic growth in the digital era. This study aims to understand the current contribution of the IT services export and employment to Nepal's economy, along with the existing gaps, challenges and opportunities in the sector.

The full report can be accessed through the following link -https://www.iids.org.np/images/publications/428a03a4a6d93ba42521c66c481933ea.pdf

31/07/2023

IFC is hiring a SME Ventures Healthcare Consultant to support Dolma in Nepal in their value creation plan for Chirayu National Hospital, a hospital in Kathmandu with the ambition to improve the efficiency of its operations.

Chirayu is a 100-bed private hospital with 24 departments, established by businessmen and doctors to provide high-quality, ethical, and personalised health care with an infrastructure on par with the best facility in Nepal. With the current expansion from 55 beds to 100 beds, the hospital is seeking to engage a healthcare expert for strategic mapping of the hospital to improve corporate hygiene, set strategic directions and a growth plan, setup standard operating procedures, and build organizational capacity to enhance efficiency and quality. We are looking to hire a Healthcare Consultant for 150 days over 18 months starting approximately on August 21, 2023 with the requirement to be in Nepal for at least 3 days per month.

The interested candidates are invited to submit a technical proposal inclusive of a portfolio track record aligned with the criteria specified above to [email protected] and copy [email protected] no later than August 11, 2023.

For full details on the job and terms of reference, please refer to the below job posting:

23/07/2023

We're pleased to announce another new addition to our team at Dolma!

Prachi Adhikari has joined our ESG team as an Impact Analyst and will be responsible for impact data management and sustainable value creation in our portfolio companies.

23/07/2023

We're pleased to announce new additions to our team at Dolma!

Akendra Joshi and Sanjeeta Karki have joined our investment team as Investment Analyst and Junior Investment Analyst, respectively. They will play an integral part in identifying new investment opportunities and managing existing portfolio companies.

21/07/2023

Rabi Karki, the Head of Asset & Wealth Management - EMEA, in the Financial Institutions Group at Oppenheimer, spoke as a guest speaker at Dolma. He spoke on his experience in the global financial market as a Mergers and Acquisitions (M&A) expert, advising on numerous buy-side and sell-side mandates alongside offering equity capital market and financing solutions and related services.

21/07/2023

IFC is hiring a 3PL Warehouse Consultant to support Dolma in the value creation plan for our portfolio company, Upaya.

Upaya aspires to be Nepal's leading tech-enabled 3PL company. The company is on an aggressive growth path to build new operational capabilities and seeks to engage a 3PL Warehouse Management Consultant for 60 days to help build and optimize the warehousing and logistics operations. The company does not have expertise in warehousing and fulfilling operations and needs some expert advice on the operational aspects of warehousing and fulfillment.

Interested candidates are invited to submit a technical proposal inclusive of a portfolio track record aligned with the criteria specified above to [email protected] and copy [email protected] no later than August 1, 2023.

For full details on the job and terms of reference, please refer to the job posting below: