TNA Invest Limited welcomes new institutional investors
KATHMANDU: Following its conversion into a public limited company earlier this year, TNA Invest Limited (TNA‑I) has onboarded Nepal’s leading insurance companies — Shikhar Insurance, SuryaJyoti Life and Citizen Life — as new shareholders. The move is aimed at increasing its paid-up capital to Rs 1 billion.
The move marks a significant milestone in TNA‑I’s growth trajectory and comes as the company prepares for an initial public offering (IPO).
TNA‑I had hitherto been the investment arm of True North Associates (TNA), a pioneer in Nepal’s private equity and venture capital (PEVC) industry. It operates as a permanent capital vehicle and invests in early‑stage businesses with potential to scale.
Its portfolio is sector‑agnostic, with a preference for sector‑disruptive and technology‑driven businesses. Over the years, TNA‑I has invested in 10 businesses and exited successfully from six, demonstrating its capability to identify, nurture and scale promising enterprises. Its current holdings include Sajilo Sewa, Foodmandu, Nepal Warehousing Company and Kathmandu Lanco.
The parent company, TNA, has been a thought‑leader and an ecosystem builder with a suite of investment subsidiaries covering the spectrum of investment philosophies.
With the new infusion of capital, TNA‑I is poised to expand its investment horizon and aims to focus on high‑growth sectors, including agro‑processing, technology, energy, tourism and hospitality, and manufacturing, aligning with Nepal’s evolving economic opportunities.
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