Imperial Innovation Fund Limited is a private equity and venture capital firm which was registered on 2081 Baisakh, 12 dedicated to support promising businesses in Nepal with resources, strategic guidance, and value experience. Our team, with diverse backgrounds in banking, insurance, capital markets, hydropower, hospitality and more, invests in sectors crucial to Nepal’s development, including renewable energy, technology, healthcare, agriculture and education.
We aim to deliver strong returns for investors while driving growth and innovation. Beyond funding, we partner with businesses to enhance operations, solve challenges, and generate long-term value. Using our diverse field of expertise, we help businesses grow in tough markets and handle the challenges of their business, making sure they stay strong and successful in an ever changing environment.
We provide targeted assistance and strategic investments to promote innovation, propel long-term growth and build lasting value for communities and businesses. For our partners, a smooth and profitable investment experience is guaranteed by our committed team.
To be Nepal’s leading private equity and venture capital firm, driving sustainable innovation and long-term value creation across high-growth sectors while contributing to the country’s economic and social development.
To invest in high-growth sectors and innovative companies, providing strategic capital and value-added support that leads to long-term, risk-adjusted returns for our stakeholders while maintaining the highest ethical and governance standards.
We uphold integrity, transparency, and ethical practices, building trust through honesty and accountability supporting Environment, Social and Governance (ESG).
The Board of Directors comprises pioneers in banking, insurance, capital markets, hospitality and diverse sectors. Their proven leadership, track records and deep industry knowledge drive sustainable growth and value creation ensuring effective governance.
We encourage innovative thinking, quick decision-making, smart growth strategies and cost-effective solutions to drive success and efficiency in every endeavor.

A dedicated legal professional with extensive experience in corporate and financial law, specializing in regulatory compliance, contract management, and risk mitigation within the investment sector. Holds an LL.M. from Purbanchal University and brings over nine years of proven expertise in ensuring legal integrity and supporting strategic business decisions.

Mr. Aryal holds an MBA from Pokhara University and brings over 15 years of active involvement in the capital market, with strong expertise in investment analysis, market trends, and portfolio decision-making. Earlier, as an Agency Manager at Nepal Life Insurance Company, he developed strong marketing capabilities, client relationship management and business development skills. This unique combination enables him to effectively bridge investment insight with market outreach, enhancing investor confidence and contributing to long-term value creation.

Mr. Shrestha is a corporate finance specialist with an 8-year record of excellence in financial planning and investment strategy. Having served in progressively at Joshi & Bhandary (Chartered Accountants), Mahalaxmi Bikas Bank Ltd, and Mountain Infra Company Ltd, where he possesses expertise in financial and strategic planning, Investment analysis and advisory, treasury management, and financial modeling’s. He holds a post-Graduate degree in Economics from Tribhuvan University and is currently a final Chartered Accountancy aspirant under ICAN. He is also an aspiring PhD scholar dedicated to the intersection of investment advisory, financial planning, and corporate strategy. Known for his evidence based analytical capabilities and sustainable advisory capabilities, Mr. Shrestha ensures the Fund’s investments and advisory are governed by fiscal precision and long-term integrity.

Mr. Timilsina is a Chartered Accountant and a gold medalist from the Institute of Chartered Accountants of Nepal (ICAN) and holds a postgraduate degree from Tribhuvan University. He brings over 9 years of experience across audit and credit rating, with prior key roles at N. Amatya & Co., Chartered Accountants and ICRA Nepal Limited. He specializes in financial analysis, risk assessment, and industry evaluation, offering a disciplined and data-driven approach to investment management. As Chief Investment Officer (CIO), he leverages his strong foundation in risk assessment to drive strategic investment decisions, portfolio optimization, and long-term value creation.

Mr. Ambika Prasad Paudel is a renowned entrepreneur and financial expert with over 30 years of experience in the public and private sectors. He has been actively involved in capital markets, hospitality, financial and other diversified sectors. Currently, Mr. Paudel is the Chairman of Hilife Foods Limited and Kanjirowa National Secondary School. He is also the Chairman of the Tax and Revenue Forum at FNCCI and an Associate Member of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI). He also serves as a Director of IME Prudential General Insurance Ltd., Himalayan Power Partners Ltd. and Buddhanilkantha Heritage Hotel Ltd. He has also served as the Chairman of Nepal Investors Forum, director of Nepal Doorsanchar Company Limited (Nepal Telecom) and NRN Infrastructure Development Ltd. His leadership extends to co-founding the Chandragiri Hills Limited and Hathway Investment Nepal Ltd. He has been awarded the Suprabal Janasewashree (Third) by the Government of Nepal. Mr. Paudel holds an MBA and an MPA from Tribhuvan University, Nepal.

Ms. Sabina Rana is an experienced Banker with 16 years of experience in various leadership roles in Nepalese Commercial Banks. She has served as the Manager-Strategy, Head of Compliance, Policies and Procedures and Head of Internal Audit Department at Global IME Bank Limited, erstwhile Bank of Kathmandu Limited and Lumbini Bank Limited respectively. She is currently serving as an Independent Director at RSDC Laghubitta Bittiya Sanstha Limited and is also engaged as a faculty member at IIMS College in Kathmandu. Ms. Rana holds a Master of Business Administration (MBA) degree from Kathmandu University School of Management (KUSOM).

Mr. Shiva Singh Karki was the Chairman of the erstwhile Kanchan Development Bank Limited for 11 years, where he played a pivotal role in the bank’s growth and development. Mr. Karki has also been a director at several leading companies, including the erstwhile Surya Life Insurance Company Limited, Sarbottam Paints Limited, Sarbottam Cement Limited, and Hathway Investment Nepal Limited. As a proficient investor in capital market, he brings extensive experience in investment strategies and financial management. Mr. Karki holds a Bachelor of Commerce degree from TU.

Mr. Bhagirath Sapkota is the President of the Federation of Nepalese Industry and Enterprises (FENIE), a key organization advocating for the interests of Nepal’s business community. Under his leadership, FENIE has actively engaged with policymakers to drive economic reforms and support industrial growth. He is the Managing Director of Gochali Tours & Travels Pvt. Ltd. and Start Traders. He also serves as a Director of Nepal Purbadhar Bikas Company Limited. He holds a Master’s degree in Business Studies.

Mr. Narayan Prasad Paudel is an experienced Central Banker. He served at Nepal Rastra Bank for 30 years, eventually retiring as an Executive Director (Special Class). During his tenure at Nepal Rastra Bank, he held key leadership positions in various departments, including Banking and Financial Institutions Regulation Department, Foreign Exchange Management Department, Bank Supervision Department, and Microfinance Promotion and Supervision Department. Additionally, he was involved in various high-level committees within Nepal Rastra Bank, including as the Member-Secretary of the Management Committee and Spokesperson. He also held key roles in the private sector, including Chief Executive Officer at Prabhu Life Insurance Ltd. and is currently a Member of the Board of Directors at Global IME Bank Ltd. Mr. Paudel has contributed to financial inclusion efforts as a member of the Financial Inclusion Strategy Peer Learning Group, Alliance for Financial Inclusion. His experience also includes serving on the boards of Nepal Stock Exchange Ltd., Deposit and Credit Guarantee Fund, and erstwhile Western Rural Development Bank Limited. He holds an MBA in Finance from the University of Lincolnshire and Humberside, United Kingdom, an MA in Economics, and an MBA from Tribhuvan University, Nepal.

Mr. Bodh Raj Devkota is a banker with over 27 years of experience in Nepal’s banking sector. He has held key leadership positions, including Chief Executive Officer at Mahalaxmi Development Bank Ltd., Deputy Chief Executive Officer at Citizens Bank International Ltd. and Acting Chief Manager at Nepal Bank Ltd. He also served as the Chairman of Citizens Capital Ltd. and Company Secretary of Citizens Bank International Ltd. Additionally, he was the Vice President of the Development Bankers Association of Nepal and a board member of the Credit Information Centre Ltd. His expertise spans corporate leadership, credit management, strategic planning, and financial restructuring. Beyond his corporate engagements, he has been actively involved in training and mentoring banking professionals, sharing his experience and knowledge in credit analysis, risk management, and financial strategy. Mr. Devkota holds an M.Phil. in Finance from Kathmandu University and an MBA in Finance from Tribhuvan University.