One to Watch’s Nepal Impact Investment Club (NIIC) Fund makes its sixth and final investment into agri-tech solutions provider Nepal Thopa Sinchai (NTS)! Led by CEO Paras Katuwal, NTS has a track record of 8 years and an annual client outreach of approximately 10,000 farmers!
NTS provides modern drip irrigation systems and greenhouse solutions for farmers and institutions working in technology-based agriculture. Being a market leader of drip irrigation systems in Nepal, NTS provides cost effective agricultural services which can help increase a farmer’s productivity by 30% and reduce water usages by up to 70%.
With the goal to modify Nepal’s subsistence-based agriculture to commercial agriculture through expansion of market-led agri technology and smart irrigation services, NTS is now delivering its services all over the country. The company also provides commercial agricultural training packages, and counselling to farmers as well as conducts feasibility studies for commercial agriculture and layout planning of the farms.
After going through several regulatory hurdles for more than 2 years, OTW have finally managed to make the investment into NTS. During this challenging period, OTW continued to support NTS's business growth by facilitating bridge financing from a local bank and grants for capacity building.
OTW is now excited to continue this journey with NTS to help them scale further. Together, NTS and OTW drive towards the goal of creating socio-economic impact by transforming Nepal’s subsistence-based farming to modern agriculture!