NIBL Equity Partners Acquires 28.8% Stake in Himalayan Java Coffee to Drive Growth and Global Expansion

NIBL Equity Partners, managed by NIMB Ace Capital Limited with Nepal Investment Mega Bank Limited as the anchor investor, has announced its strategic investment in Himalayan Java Coffee Pvt. Ltd. The investment agreement was signed Thursday, August 28, in presence of Shivanth Bahadur Pande, Gagan Pradhan, Anand Gurung, and other stakeholders and guests from both organizations. 

The investment will finance Himalayan Java’s global expansion, starting with South Asia, while  supporting the opening of new outlets across Nepal. The partnership is expected to boost Himalayan Java’s sales, drive regional and global exports, and create increased opportunities across the coffee value chain. 

Shivanth Bahadur Pande, CEO of NIMB Ace Capital, said the investment reflected the company’s long-standing commitment to help modernise Nepali businesses to compete in the global arena. “Our goal is not only to grow the company but also to showcase Nepal’s exceptional coffee to the world,” said Pande. “We aim to position Himalayan Java as a global ambassador for Nepal’s specialty coffee.”

Anand Gurung, founder of Himalayan Java, said: “Since its inception, we at Himalayan Java have believed in supporting the broader entrepreneurial ecosystem of Nepal. Today, we are entering a new chapter with NIBL Equity Partners, a strategic partner in realizing our goals of expanding globally, exporting Nepali coffee, and showcasing the country’s potential on the world stage.” 

Similarly, Gagan Pradhan, founder of Himalayan Java, added: “This partnership comes at a pivotal moment in our journey. With NIBL Equity Partners’ support, we are ready to take Himalayan Java beyond Nepal, while staying committed to sustainable growth at home through job creation and vocational training that share our success with the communities we serve. “

Founded in 1999 as a single cafe, Himalayan Java currently boasts over 70 outlets, 18 Express outlets, and its signature high-end chain Gallery by Himalayan Java in two locations. The country's largest coffee chain serves over 2,300 customers daily. It continues to keep up with its expanding customer base by advancing its digital transformation through its customer app, with over 23,000 downloads.