NIBL Equity Partners, a prominent private equity firm under the management of NIMB Ace Capital Limited, signed a deal on July 15, 2024, to invest NPR 95 million in Delish Dairies. This funding aims to position Delish Dairies as a national leader in premium dairy products.
Known for its innovative “Delish” Greek yogurt and traditional “Panchami” offerings, Delish Dairies plans to use the investment to boost production capacity, drive product innovation, broaden its market presence, and establish a new cheese factory in Fikkal, Illam. The partnership also aligns with Delish Dairies’ preparation for an upcoming IPO.
Mr. Shivanth Pandé, CEO of NIBL Equity Partners, emphasized the alignment with Delish’s dedication to quality, innovation, and community support. Delish Dairies’ Co-founder and CEO, Mr. Sandeep Paudel, expressed excitement about the growth opportunities, focusing on sustainable practices and empowering local milk producers.
About Delish Dairies
Delish Dairies is committed to producing high-quality, natural, preservative-free dairy products, offering health-conscious options, supporting local sourcing and farmers, and employing nearly 70 workers. This investment signifies a new chapter for both Delish Dairies and NIBL Equity Partners, promising innovative products and a stronger presence in Nepal’s dairy market.
