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Yeti Airlines, the unique Nepali airline known for its distinctive 'Yeti' mascot, has secured $14.7M in new funding. The carrier has been a consistent presence in the nation's skies, serving Nepal for over two decades.
This capital injection marks a significant financial development for the long-standing operator, reinforcing its position in the regional aviation market.
Nepal's Yeti Airlines raises $14.7M, diluting Asian Life's stake - Dealroom What's the deal? Yeti Airlines Limited has raised NPR 2.27 billion (roughly $14.7 million) in share capital through a private placement, including a premium.
The capital injection brought in new promoters and diluted the shareholding of existing investor Asian Life . What's the endgame? The fresh capital expands Yeti Airlines' promoter base, reshaping the ownership structure of the Nepali carrier. Asian Life's position was reduced as additional investors entered through the placement. The signal: The round sits in the lower tier for deal size, ranking
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| 1 |  Vacatio Argentina | Series a | $6.0B | 1y ago |
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Companies that recently closed a Unknown round.
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| 1 |  SedMed United States | Unknown | $4.0M | today |
| 2 |  Zeal United Kingdom | Unknown | $14.0M | today |
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WorldLink Communications
Worldlink is the largest broadband service provider in Nepal employing over 5,000 people and connecting over 1,000,000 households over its own nation-wide, state-of-the-art optical fiber network. Today, over 3.4 million netizens use WorldLink to access the Internet, representing around one-third of all active Internet users in the country. Around 1.75 million TV viewers use WorldLink’s IPTV services to watch live TV and video-on-demand entertainment. Established in 1995, WorldLink is a rare success story of patience, perseverence and persistence in Nepal. As a result, WorldLink has attracted the largest foreign private equity investment in Nepal, with investments from BII and Dolma Fund.
$12.0M Unknown
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| 5 |  Linux Laboratories Private Limited India | Unknown | $70.0M | today |
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