Ajeya Sumargi

Ajeya Raj Sumargi is chair of the Muktishree group of companies. He is also the executive director of the Nepal Satellite Telecom Pvt. Ltd., which is a GSM-based European JV cellular services provider company launched in 2007 from the Mid-West region of Nepal.
He is also the promoting director of the telecommunication company the Ncell Pvt. Ltd. with the brand name Mero Mobile, now Ncell, which started its operations with an investment of two billion.

Investments

On 22 December 2013 Sumargi announced at a press release that his company would invest 23 billion NRS. The investments would be made for Nepal Satellite Telecom, a new five star hotel and for the new cement plant.

Social service

His Muktishree group of companies was reported in 2016 to be planning a project in partnership with Rural Shores, India and the Inclusive Ventures Limited, which aims to empower Nepali rural youth through skill development training and provide employment opportunities.

Controversies

Sumargi has been involved in controversy concerning money laundering in Nepal. He has been in court for this multiple times.