Ajeya Sumargi

EARLY CAREER [1]

He is also the promoting director of the telecommunication giant the Ncell Pvt. Ltd. (formerly Spice Nepal Pvt. Ltd.) with the brand name Mero Mobile now Ncell which started its operations with an investment of two billion.[2]

Investments

On 22 December 2013 Sumargi announced at a press release that his company would invest 23 billion NRS. The investments would be made for Nepal Satellite Telecom, a new five star hotel and for the new cement plant.[3]

Social service

His Muktishree group of companies has ventured into a social business. The group is all set to implement a project in partnership with Rural Shores, India and the Inclusive Ventures Limited that aims to empower Nepali rural youths through skill development training's and provide employment opportunities to some of them who excels during the training.[4]

Controversies

Sumargi has been involved in the controversies concerning money laundering in Nepal.[5] He has been in and out of court for the same multiple times.[6]

References
  1. Sumargi, Ajeya. "Hello Nepal service launched". The Himalayan Times. Retrieved 2 August 2016.
  2. Sumargi, Ajeya (26 August – 1 September 2005). "Who are the main investors". Nepali Times. No. 262. Retrieved 4 August 2016.
  3. Sumargi, Ajeya (December 23, 2013). "Sumargi Group to invest Nepalese 23 billion". Nagariknews.com. Retrieved December 23, 2013.
  4. Sumargi, Ajeya. "Muktishree Going Social". New Business Age. No. 2014–09–15 00:00:00. Retrieved 4 August 2016.
  5. Sumargi, Ajeya. "Sumargi may have formed shell company to cleanse dirty money". Kathmandu Post. Retrieved 4 August 2017.
  6. Sumargi, Ajeya. "Money laundering glare on Sumargi". The Himalayan Times. Retrieved 4 August 2017.
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