Ventures

Capital architecture in operation — four pillars, working institutions.

The capital architecture thesis is not speculative. It is built through institutions. Across investment platforms, operating ventures, integration platforms, and policy infrastructure, each entity plays a specific role in channelling capital, talent, and institutional capacity into productive enterprise in Nepal and the broader frontier-economies region.

Pillar 1 — Capital and investment

Vehicles through which capital reaches productive enterprise.

Private equity and venture capital

Aadhyanta Fund Management (AFML)

A SEBON-licensed private equity and venture capital fund manager, structured as a public-private partnership between Nepal’s leading commercial banks and private investors. Across PE/VC funds, special purpose vehicles, and strategic platforms, AFML has mobilised over USD 30 million across energy, technology, agriculture, and infrastructure — building the case that disciplined, locally embedded capital can produce frontier-market returns.

Founder and Executive Chairperson

aadhyanta.com →

Strategic investment management

Nepal Development Public Limited (NDP)

A publicly held strategic investment management company, founded in 2024 and based in Kathmandu, focused on capital mobilisation, foreign investment facilitation, and public-private partnerships across renewable energy, agriculture, tourism, infrastructure, manufacturing, ICT, health, and education.

Co-Founder, with Nepal’s leading private sector figures.

ndp.com.np →

Fund vehicle for globally competitive Nepali-founded companies

Silicon Peaks Alpha Holdings

A fund vehicle backing globally competitive Nepali-founded companies — those with global ambitions and the capital architecture to scale beyond domestic markets. Operates within the broader Silicon Peaks ecosystem.

Co-Founder, with Pukar Hamal and Rashik Adhikari

siliconpeaks.fund →

Pillar 2 — Building and operating

Companies building productive enterprise in the real economy.

Renewable energy infrastructure

Janaki Energy

Commercial clean energy infrastructure development focused on C&I solar and broader renewable platforms tied to Nepal’s energy security and industrial resilience. Janaki Energy operates at the intersection of private returns and national energy capacity, channelling capital into the kind of productive enterprise that Nepal’s investment architecture has historically under-served.

Co-founded with Tapendra Chand, energy systems specialist and chairperson of the company.

janakienergy.com →

Technical workforce infrastructure

Kathmandu Technical School (KTS)

Building the institutional foundation through which technical education connects to productive employment — both within Nepal’s industrial and infrastructure sectors and through skilled outmigration, which strengthens Nepali livelihoods and the wider economy. A deliberate investment in the human capital architecture an emerging economy depends on.

Co-Founder and Chair

ktsnepal.com →

Aadyanta Investment

A project-specific investment vehicle, currently developing the Gidi Khola pumped storage hydropower project — an early step in Nepal’s energy storage and grid resilience infrastructure.

Maxa Labs (in development)

A joint venture between Prixa and Innovate Next Impact, currently in development. Further details to follow as the platform launches.

Pillar 3 — Integration and ecosystem

Catalytic platforms that build and integrate enterprise rather than holding it.

The integrating venture catalyst

Innovate Next Impact (IXI)

IXI integrates enterprise creation, capital architecture, policy engagement, and human capital development within a single institutional framework. It is the venture catalyst through which several of the entities in other pillars operate — from clean-energy infrastructure to technical education — connecting domestic and international institutional partners to Nepal’s emerging enterprise base.

Founder

innovateximpact.com →

Silicon Peaks (ecosystem)

A shared brand and community of capital under which related but independent vehicles operate. Originated by Pukar Hamal as a positioning concept for Nepal’s emerging technology talent and enterprise base. Silicon Peaks the ecosystem and Silicon Peaks Alpha Holdings (the fund) are linked by idea, not by ownership.

siliconpeaks.com →

Pillar 4 — Policy and advisory

Programmes, research, and advisory that shape the architecture itself.

Investment and governance programmes

Aadyanta Advisory

Advisory and programmes platform working at the intersection of investment, governance, and ecosystem design. In partnership with the U.S. Embassy Nepal and AmCham Nepal, Aadyanta Advisory launched Code for Impact — a nationwide tech innovation hackathon across all seven provinces of Nepal — bringing together early-stage Nepali founders, US technology partners, and Nepali institutions in a flagship national programme.

Co-Founder, with several industry experts

contact for enquiries →

Policy research and intellectual infrastructure

Institute for Government
and Public Affairs (IGPA)

A policy and research think tank dedicated to evidence-based contributions on Nepal’s economy, governance, and public affairs. IGPA’s work spans institutions and state, globalisation and strategic affairs, growth and innovation, investment and entrepreneurship, sustainability, and human development.