{"id":10623,"date":"2021-05-25T04:10:58","date_gmt":"2021-05-25T04:10:58","guid":{"rendered":"https:\/\/www.genesesolution.com\/bd\/?post_type=news-and-media&#038;p=10623"},"modified":"2021-05-25T12:38:09","modified_gmt":"2021-05-25T12:38:09","slug":"strategic-trajectory","status":"publish","type":"news-and-media","link":"https:\/\/www.genesesolution.com\/bd\/blog\/news-and-media\/strategic-trajectory\/","title":{"rendered":"Genese on a strategic trajectory &#8211; Raises Investment and onboards veteran CEO"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.4.8&#8243; custom_padding=&#8221;3px||3px||true|false&#8221; hover_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.4.8&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.4.8&#8243;][et_pb_text _builder_version=&#8221;4.4.8&#8243; header_font_size=&#8221;33px&#8221; header_line_height=&#8221;1.3em&#8221; hover_enabled=&#8221;0&#8243;]<\/p>\n<p><span style=\"font-weight: 400;\">We\u2019re glad to announce that we have secured NPR 55 million investment from Business Oxygen Pvt. Ltd. for our Nepal operations.<\/span><span style=\"font-weight: 400;\"><br \/> <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Busness Oxygen Private Limited (BO2) is a part of the IFC\u2019s Global SME Ventures initiative with investments from the IFC of the World Bank Group, Climate Investment Funds (PPCR) and FCDO. The fund is managed by WLC Ventures Pvt. Ltd, a subsidiary of White Lotus Centre Pvt. Ltd.<\/span><span style=\"font-weight: 400;\"><\/span><\/p>\n<p><span style=\"font-weight: 400;\">This investment will be utilized for the strategic ramp-up of product\/service portfolio, upgrade skill levels, accelerate automation and\u00a0 Digital Transformation ecosystem in Nepal.<\/span><span style=\"font-weight: 400;\"><br \/> <\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2018We are delighted to receive a growth fund from Business Oxygen (BO2). I am sure this funding will serve as a strong catalyst for helping us achieve our goals of industry disruption steering digital transformation with honed human skill sets and latest technologies,\u201d says Mr Anjani Phuyal, our Global CTO &amp; Founder.<\/span><span style=\"font-weight: 400;\"><br \/> <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further, In a strategic move, we have made a significant change in our leadership with the appointment of Mr Prasanna Pokhrel as the new CEO for Nepal. Mr Pokhrel is an accomplished leader in the corporate field, a six sigma black belt &amp; lean practitioner, has over two decades of experience in the IT\/ITES sector across multiple verticals in global players such as IBM &amp; EXL as well as leading Vianet\u2019s meteoric growth as a CEO in Nepal.<\/span><span style=\"font-weight: 400;\"><br \/> <\/span><span style=\"font-weight: 400;\"><br \/> <\/span><span style=\"font-weight: 400;\">We\u2019re also creating important partnerships, as our independent wing <\/span><span style=\"font-weight: 400;\">Genese Cloud Academy (GCA) along with UKaid Skills for Employment Programme(\u0938\u0940\u092a) has partnered with the Institute of Engineering (IoE) for launching Amazon Academy.\u00a0 With this partnership, IOE will be <\/span><span style=\"font-weight: 400;\">instituting the AWS cloud computing modules as part of the academics, for the first time in Nepal.<\/span> <span style=\"font-weight: 400;\">This<\/span> <span style=\"font-weight: 400;\">will enable them to meet industry demands and also strengthen the job readiness for\u00a0 Nepal and the international IT industry.<\/span><span style=\"font-weight: 400;\"><br \/> <\/span><span style=\"font-weight: 400;\"><br \/> <\/span><span style=\"font-weight: 400;\">And finally, as a part of our international strategy, <\/span><b>Genese UK has relocated its global office to a premier location The Plymouth Science Park, <\/b><span style=\"font-weight: 400;\">which is a world-class infrastructure &amp; centre of excellence for ground-breaking research &amp; laboratory innovation. It houses a vibrant and thriving community of global innovators, international businesses, startups, academics and is a hub for inspirational tech advancements. <\/span><span style=\"font-weight: 400;\">This move will enable us to develop international connections supporting the company\u2019s ambitious growth plans.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"featured_media":10670,"template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","_links_to":"","_links_to_target":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Genese on a strategic trajectory \u2013 Raises Investment and onboards veteran CEO<\/title>\n<meta name=\"description\" content=\"Genese Solution, a multinational IT company and Nepal\u2019s pioneer Cloud Consultancy Company, has secured NPR 55 million investment from Business Oxygen Pvt. 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