Ajeya Raj Sumargi is chair of the Muktishree group of companies. He is also the executive director of the Nepal Satellite Telecom Pvt. Ltd. (Hello Nepal), which is a GSM-based European JV cellular services provider company launched in 2007 from the Mid-West region of Nepal.[1]

Ajeya Sumargi
Born (1963-09-01) September 1, 1963 (age 60)
Hetauda, Makawanpur, Province 3,Nepal
NationalityNepali
OccupationChairman Muktishree Pvt. Ltd.
SpouseSamjhana Aryal "Ashmita Sumargi"
Children2
Parent(s)Madhav Raj Sumargi and Bisho Kanti Kalabati Sumargi

He is also the promoting director of the telecommunication company 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][citation needed]

Investments edit

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][dead link]

Social service edit

His Muktishree group of companies was reported in 2016 to be planning a project in partnership with Rural Shores, India and the Inclusive Ventures Limited, which aims to empower Nepali rural youth through skill development training and provide employment opportunities.[4]

Controversies edit

Sumargi has been involved in controversy concerning money laundering in Nepal.[5] He has been in court for this multiple times.[6]

References edit

  1. ^ "Hello Nepal service launched". The Himalayan Times. Retrieved 2 August 2016.
  2. ^ "Who are the main investors". Nepali Times. No. 262. 26 August – 1 September 2005. Archived from the original on 1 May 2015. Retrieved 4 August 2016.
  3. ^ "Sumargi Group to invest Nepalese 23 billion". Nagariknews.com. December 23, 2013. Retrieved December 23, 2013.
  4. ^ "Muktishree Going Social". New Business Age. No. 2014–09–15 00:00:00. Retrieved 4 August 2016.
  5. ^ Sharma, Rupak D. "Sumargi may have formed shell company to cleanse dirty money". Kathmandu Post. Retrieved 4 August 2017.
  6. ^ "Money laundering glare on Sumargi". The Himalayan Times. Retrieved 4 August 2017.