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Asheem Man Singh Basnyat is managing director of Pathao Nepal Pvt Ltd based in Kathmandu and Chitwan of Nepal. He is a prominent Nepali entrepreneur and business leader known for his contributions to the country's startup ecosystem and logistics industry. He is recognized for his diverse expertise, visionary leadership, and significant impact in various sectors. He
Early Life and Education[edit]
Basnyat is a first-generation Nepali entrepreneur. He pursued his higher education abroad, obtaining a management degree from Beijing International Studies University. He furthered his academic pursuits by earning a master's degree in arts from Tribhuvan University. Basnyat's educational background reflects his commitment to both international perspectives and local insights.
Career[edit]
As Managing Director of Pathao Nepal, Basnyat has played a pivotal role in revolutionizing the transportation and delivery landscape in Kathmandu. Pathao, an on-demand logistics platform, has rapidly emerged as a trusted and fastest-growing service provider, offering commuters and consumers a seamless solution for transportation and delivery needs. Under Basnyat's leadership, Pathao has achieved remarkable success, commanding over 90% of the market capitalization and employing over 150 thousand individuals. It stands as one of the largest private employers in Nepal.
Aside from his role at Pathao, Basnyat is actively involved in investment activities. He serves as a majority shareholder in Infinity Fund, which has invested in six growing startups across various industries, including e-commerce, marketing agencies, HR consultancy, and logistics. Infinity Fund's current valuation stands at Rs 57 crores, demonstrating Basnyat's commitment to fostering innovation and supporting the growth of emerging businesses in Nepal.
Contributions and Recognition[edit]
Basnyat's entrepreneurial endeavors extend beyond business operations. He is a founding board member of the American Chamber of Commerce Nepal[1] and holds the esteemed position of Founding Vice Chairman of the Electronic Business Association of Nepal. Through his organizational roles, Basnyat actively contributes to advancing business interests and technological advancements in the region.
An accomplished orator, Basnyat has made significant appearances on national television shows and prestigious events, including TEDx Maitighar,[2] where he shares his experiences and insights. His compelling narratives and visionary outlook have inspired and empowered audiences, establishing him as a thought leader in the entrepreneurial ecosystem.
Personal Life[edit]
Outside of his professional pursuits, Basnyat maintains a commitment to community and philanthropy. He is actively involved in initiatives aimed at social development and upliftment, reflecting his dedication to making a positive impact beyond the business realm.
References[edit]
Cite error: A <ref> tag is missing the closing </ref> (see the help page).https://www.amchamnepal.com/founding-members/asheem-man-singh-basnyat
</ref>https://www.b360nepal.com/video-detail/21574/accelerating-success-asheem-man-singh-basnyat-pathao-nepal-2023-Dec-29-248300