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OCT 10, 2023

Press Release

Hedonova acquires a 71% stake in Mandakini farms with a $24 million investment

Mandakini farms

Summary

With over $4 billion transacted in carbon credits in 2022, Hedonova is leading the way in carbon removal projects, making it one of the world’s top 20 largest carbon credit traders. Hedonova is progressing its sustainable venture by expanding to emerging Asian markets, investing $24 million for a 71% stake in Nepal-based Mandakini Farms.

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Media contacts:

Ameer Esen

Head of Investor Relations

ameer@hedonova.io

Nafisa Shabbir

Asia and Europe Media Relations Manager

media@hedonova.io

About Hedonova

Hedonova is an alternative investment fund that holds a diversified portfolio of alternative assets. The feeder funds in Switzerland, Luxembourg, Singapore, and India enable European and Asian investors to diversify their portfolios with alternative assets. These include appreciable investments like fine art, vintage wine, sports collectibles, and more.

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