IJ Group

IJ Group sources primarily through the Shrestha family's deep institutional relationships in Nepal's business community. Ravi Bhakta Shrestha's former presidency of the Federation of Nepalese Chambers of Commerce and Industry gave the family visibility into deal flow across Nepal's private sector. Joint venture partnerships with multinationals like Unilever and IHCL (Taj Group) were built over decades of operating history, not through competitive auction processes. For US real estate, the group appears to acquire directly, holding properties on Wall Street in Norwalk, Connecticut.

IJ Group operates as a single family office with conglomerate characteristics. Its holdings include operating businesses (Unilever Nepal, hotels) held through joint venture structures alongside a direct real estate portfolio. The founding Shrestha family controls all major decision-making, with third-generation member Rabindra Bhakta Shrestha now serving as managing director and CEO of the Prestellar Ventures co-investment vehicle alongside Nepal's Chaudhary Group.

IJ Group and the Chaudhary Group (CG Corp Global) are joint venture partners in at least two known entities: the Summit Hotel in Lalitpur, Nepal, and Prestellar Ventures, a separate investment platform. Rabindra Bhakta Shrestha serves as CEO of Prestellar Ventures, indicating operational collaboration between two of Nepal's most prominent business families. CG Corp Global is Nepal's largest conglomerate, best known for Wai Wai noodles and Taj hotel partnerships.

Yes. IJ Group owns two commercial properties at 67 and 69 Wall Street in Norwalk, Connecticut, USA — a rare direct US real estate holding for a Nepalese family office. The group's primary investment activity remains concentrated in Nepal, where it holds residential, commercial, and mixed-use assets in Kathmandu, Lalitpur, and Nepalganj, alongside its joint venture operating companies.

Chairman and Managing Director Ravi Bhakta Shrestha, son of founder Indra Bhakta Shrestha, leads the group's investment decisions. His son Rabindra Bhakta Shrestha, as managing director and CEO of Prestellar Ventures, increasingly handles operational and investment execution, reflecting a staged generational transition. The family maintains a lean governance structure without externally disclosed investment committee members.

There is no public record of IJ Group explicitly ruling out specific sectors. However, its historical portfolio — manufacturing, consumer goods, banking, insurance, hospitality, and real estate — shows a preference for tangible, cash-flowing assets and regulated industries rather than speculative technology or venture-stage investments. No known exposure to crypto, early-stage tech, or hedge fund commitments has been reported.

Founder Indra Bhakta Shrestha built the family's initial wealth through synthetic textile manufacturing and consumer products import beginning in 1972, when Nepal's industrial sector was still emerging. The group later diversified into banking, insurance, and tourism, with a pivotal moment coming through the joint venture with Unilever to create Unilever Nepal Ltd., which became one of Nepal's largest consumer goods manufacturers. Real estate accumulation followed across multiple asset classes.