Bhutan’s Himalayan Food Aims To Produce Healthy Snacks With A Worldwide Reach

Email

Himalayan Food currently produces potato chips, apple chips and banana chips.

(Source: zliving)

 

By Staff Reporter The Bhutanese

Himalayan Food, a business venture registered with equity crowd funding, has been able to raise a fund of Nu 4.5 million before the stipulated deadline.

The founders of Himalayan Food are Bikash Gurung and Tshering Dorji, who are graduates from the Gaeddu College of Business.

A total of 125 investors hold shares in Himalayan Food amounting to Nu 4.5m, with a face value of Nu 10 per share.

 

Photo: The Bhutanese

 

“We participated in the Business Idea Competition of Bhutan (BICOB) from where we also got awarded for the business, so these things actually motivated us to venture into this business.  This is how our college project turned into an actual business,” Bikash Gurung said.

About Himalayan Food

Himalayan Food currently produces potato chips, apple chips and banana chips. There are also plans to diversify their products into the health fruit snack category as such food demands are increasing in the international market.

They currently employ 10 people, and with the funds now available, they plan to employ around 30 people or more in 3 months’ time. There are 40 farmers affiliated with them, but now they will be creating a market for more than 300 farmers.

The mission of the business is to produce healthy and quality snacks with a worldwide reach while procuring reliable technology from other countries is also their utmost priority. The founders will be investing in food packaging and processing machines.

Why Himalayan Food was started?

‘’We chose food business, not only because it is profitable for a country like ours, but also because during our college days, we saw farmers having really tough times selling their products in the market. We thought of adding value to their products and that is how the idea came about,” Bikash Gurung explained.

Himalayan Food is a guaranteed market for the farmers if they can supply standard quality farm produce required by the company.

A warehouse is also being planned so farmers can bring their produce to sell at the warehouse instead of through the manufacturing unit.

The founders are most thankful to His Majesty The King for making it all happen as the Royal Monetary Authority and Royal Securities Exchange of Bhutan (RSEB) have helped turned their idea into a reality.

Tapping into the crowd-funding model

Dorji Phuntsho, the CEO of RSEB, added that there are many ventures in the pipeline waiting to be registered with the crowd-funding model. 

 

Source: Youtube/iBEST STUDIOS

 

‘’We know the loopholes of where it needs to be plugged. Accordingly now whoever comes for campaigning, we will advise them well and ask them to do marketing and go all out because entrepreneurs should be serious and give their everything. We will try to bring in this seriousness, then their seriousness will be recognised.’’

 

This article first appeared in The Bhutanese and has been edited for Daily Bhutan.

 


Related Posts

Bhutan’s First Crowdfunding Platform Gaining Traction, Opens...

So far, three promoters - Bhutan Alternatives, Freelancer Bhutan and Himalayan food have registered with the Bhutan...

Aug 05, 2019 22:10

Celebrating Bhutan's Entrepreneurs: Pelden Wangchuk Of Nazhoen...

This story is part of an exclusive feature by Yeewong Magazine in Dec 2018 on celebrating entrepreneurship in Bhutan.

Mar 31, 2019 15:28

Southeast Asian Company Invests Over US$100,000 In Bhutanese...

The investment includes a mix of cash and investment-in-kind.

Aug 15, 2019 14:26

Edible Organic Flowers From Bhutan See Increasing Demand From...

Drachukha Flower Group grows and processes the flowers and other raw materials according to EU Organic standards.

Jun 30, 2019 21:38

Cultivation Of Avocado Looks Set To Take Off In Tsirang, Bhutan

A few farmers have already started selling avocados in the Sunday vegetable market for about Nu 250-350 a kilogram.

Sep 18, 2018 15:38

Encouraging Farmers In Bhutan To Cultivate Japanese Persimmons

Unlike the local persimmon that irritates the throat, the Japanese variety is better and bears fruits that resembles...

Apr 09, 2019 22:00

Latest

News

The Test of Loyalty & Commitment Among Bhutanese Employers in Tourism Industry

Amid the crisis we recognized few Bhutanese Tour Operators with generous and compassion souls because COVID-19 will have far-reaching...

Apr 03, 2020 14:33

Daughter Of U.S Covid-19 Patient Thanked Bhutan For Its Great Care And Prayers

The 76 year old American tourist left Bhutan for the US on March 13 for further medical treatment.

Mar 16, 2020 23:28

Features

Digital Content Creators and Its Relevance

Everything under the sun, you name it, can be discussed! And therefore, the relevance of BLOGGING in our everyday lives!

Apr 01, 2020 01:22

Gangkhar Puensum – World’s Highest Mountain Forbidden To Climbers

The Bhutanese also believe that the Gangkhar Puensum is home to the mythical Yeti and other legendary creatures.

Mar 23, 2020 23:28

Sports

Karma – Female Archer From Bhutan Qualified For Tokyo 2020 Olympic Quota

Karma has been specialising in Olympics-style archery since 2009.

Nov 30, 2019 13:18

Bhutan’s Pelden Wangchuk Wins 10th Edition Of Tour 0f Dragon Mountain Bike Race

This year, the race also saw the highest number of female participants compared to past years.

Sep 10, 2019 01:08

Business

Celebrating Bhutan’s Entrepreneurs: Namkhar Gyaltshen Of Transcend Artisan

This story is part of an exclusive feature by Yeewong Magazine in Dec 2018 on celebrating entrepreneurship in Bhutan.

Mar 06, 2020 11:48

Centre Of Excellence For Software Engineering Launched By Bhutan’s Thimphu Techpark

The purpose of establishing this centre is to fulfil His Majesty the King’s vision of using technology to solve problems.

Feb 24, 2020 23:58

Travel

Bumthang The Switzerland of Bhutan Beyond Itineraries

Bumthang in Bhutan is the most historic dzongkhag if we consider the number of ancient temples and sacred sites. Being a combination of four...

Mar 28, 2020 11:59

Thimphu Urbanites Hits The Hiking Trail Than Ever Before.

One of the best and easy walk around Thimphu is the three-to four-hours round trip from Dochu La to Lungchuzekha Goemba. It affords...

Mar 26, 2020 11:40

Lifestyle

Food on Wheels- First of its kind in Bhutan

The World's Largest Fast Food Restaurant Chains doesn't exist in Bhutan.

Mar 04, 2020 09:39

Amazing Stories from the Eastern Part of Bhutan

You can't say you have visited the eastern part of Bhutan unless you have experienced the following bizarre things.

Mar 02, 2020 19:02

Subscribe to our newsletter

Never miss out on new happenings and news stories!

Download Daily Bhutan Mobile App

Connecting with us just got easier!