NIBL Equity Partners Invests NPR 95 Million in Delish Dairies to Propel Growth and Innovation

NIBL Equity Partners, a leading private equity firm managed by NIMB Ace Capital Limited, has signed an agreement to invest NPR 95 million in Delish Dairies on July 15, 2024. This investment aims to help Delish Dairies establish itself as a national leader in high-quality dairy products.

Delish Dairies, known for its innovative "Delish" brand of Greek yogurt and traditional "Panchami" products, plans to use the investment to enhance production capacity, fuel product innovation, expand market reach, and build a new cheese production factory in Fikkal, Illam. The partnership also supports Delish Dairies' preparation for a future IPO.

NIBL Equity Partners' CEO, Mr. Shivanth Pandé, highlighted the alignment with Delish's commitment to quality, innovation, and local community support. Delish's Co-founder and CEO, Mr. Sandeep Paudel, expressed enthusiasm for the growth opportunities this partnership brings, emphasizing the focus on sustainable practices and empowering local milk producers.

Delish Dairies prioritizes high-quality, natural, and preservative-free dairy products, offers health-conscious options, supports local sourcing and farmers, and has a growing workforce of nearly 70 employees. This investment marks a new chapter for Delish Dairies and NIBL Equity Partners, promising exciting product innovations and a stronger presence in the Nepali dairy market.