Ajeya Raj Sumargi is the chairman 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 that was launched in 2007 February from the Mid-West region of Nepal.
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.
Born : September 1, 1963 (age 59) Hetauda, Makawanpur, Province 3,Nepal
Profession : Entrepreneur , Investor
Nationality : Nepalese
Chairman of the Muktishree group of companies
Executive director of the Nepal Satellite Telecom Pvt. Ltd.
Promoting director of the telecommunication giant the Ncell Pvt. Ltd.
Honorary consul at the honorary consulate of the Republic of Belarus
As of 2015, Sumargi has invested in dozens of business and commercial projects in Nepal. Some of his most popular business initiatives include MuktiShree Telecom, a telecommunications company, Muktishree Hydro, a hydropower company, Himalayas Spring Water, Hetauda Academy and the National College for Higher Education (NCHE), a higher secondary school and a college in Baluwatar, Kathmandu. Sumargi has also invested in Radio Thaha Sanchar, a popular FM radio station in Makanwanpur and the vicinity.
Sumargi’s Muktishree Private Limited operate several sister companies as separate business units and focuses on different areas. He has established Muktishree Energy Pvt. Ltd. for the energy sector, Muktishree Cement Industries Pvt. Ltd. for the Cement sector and Muktishree Telecom Pvt. Ltd. for the Telecom sector. Similarly, for media, he has Bindabashini Media Pvt. Ltd and a separate education venture called Hetauda Education Foundation Pvt. Ltd.
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.