# Noksha Capital

Noksha Capital is a Private Equity based in Dhaka, Bangladesh.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Dhaka, Bangladesh
- **Region:** Asia
- **Address:** Dhaka, Bangladesh
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** nokshacapital.com
- **LinkedIn:** https://www.linkedin.com/company/nokshacapital

## Regulatory record

- **Reports private funds:** No

## About

Noksha Capital (NCAP) is an emerging private equity firm which invests in both digital and traditional business models across the consumer and healthcare sectors. It invests across multiple stages from late-stage venture (Series C to pre-IPO) to buyouts and is geographically agnostic. The firm is a team of ex-operators turned investors who focus on operational value creation and aim to design businesses for transformational growth.

## Sectors

- Consumer Goods
- Healthcare Services
- Industrials
- Luxury
- Life Sciences
- Retail

## People

- Fahim Rahman — Managing Partner | Head of Investments
- Bernd Hake — Chair | Partner
- Gene Kim — Partner | Head of Healthcare & Life Sciences
- Sabah Shelton — Partner | Head of Legal & Compliance
- Camilo Cuellar — Principal

## Questions

### Who runs investment decisions at Noksha Capital?

Fahim Rahman serves as Managing Partner and Head of Investments, alongside co-founders Bernd Hake (Chair), Gene Kim (Head of Healthcare & Life Sciences), and Sabah Shelton (Head of Legal & Compliance), all of whom sit on the investment committee (per firm website). Principal Camilo Cuellar rounds out the core deal team.

### What investment stages does Noksha Capital target?

The firm pursues buyout, expansion, late-stage growth, and pre-IPO transactions, as well as general venture opportunities. This blended mandate allows Noksha to engage with companies at multiple maturity points within its target sectors.

### Does Noksha Capital participate in fund commitments or only direct deals?

Available materials describe only direct private equity investments, including buyout and growth equity. There is no public indication the firm makes fund commitments or operates as a fund-of-funds.

### What is Noksha Capital's geographic focus?

Noksha is headquartered in Dhaka and its disclosed investment activity centers on Bangladesh. While some advisory board members bring regional retail and luxury goods expertise, the firm has not publicized operations or offices outside Bangladesh.

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Last updated: 2026-08-11T15:07:34.613Z

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