CHAUDHARY PVT LTD

What CHAUDHARY PVT LTD does

CG Corp Global (Chaudhary Group) is Nepal's first and only billion-dollar multinational conglomerate, operating across 202 companies and 261 brands in 32+ countries with over 20,000 employees and a stated net worth of $2.5-$3.7 billion. Founded as a textile business in the 1870s and re-established in 1935, the group has been built across four generations of the Chaudhary family under Chairman Dr. Binod K. Chaudhary. The portfolio spans fifteen primary verticals: CG Foods (Wai Wai instant noodles, Kwik's snacks, Rio beverages), CG Hospitality (134+ hotels and 7,561+ keys across 12 countries via owned brands The Fern, The Zinc, Summit, Beacon and JV brands Taj, Radisson, Jetwing, Fairmont), CG Financial Services (Nabil Bank with controlling stake and 119 branches, CG Finco, United Remit), CG Telecom (including Moldcell in Moldova with 30% market share), CG Cement (Nepal's largest producer at 2.6 MTPA clinker capacity), CG Electronics (40+ year market leader in Nepal), CG Infra (hydropower including 110 MW Dudhkoshi-5), CG Motors (Neta EVs), CG Brewery (585,000 HL/year), CG Beverage (100M+ packets/year), CG Education (preschools through postgraduate), CG Developers (real estate), CG Pay (e-wallet launched 2020), and Chaudhary Foundation (CSR).

The company generates revenue through diversified streams: consumer FMCG sales at scale (2.8 billion Wai Wai packets sold annually across 50+ countries), hospitality operations and management fees, cement and construction materials sales, banking interest and remittance transaction fees (3,000+ Western Union and 3,500+ MoneyGram payout locations in Nepal), telecom subscription fees, and asset-light digital services (CG Pay, CG Net FTTH at Rs 999/month for 120 Mbps). Go-to-market combines direct-to-consumer retail, distributor networks in 35+ countries, JV partnerships with global hospitality brands, and B2B channels for cement and infrastructure. Manufacturing is anchored at CG Industrial Park (137 acres, captive power, R&D centers) in Nawalparasi, with eight-plus Indian plants, Serbia, Kazakhstan, Bangladesh, and Egypt planned. The conglomerate is targeting $5 billion in enterprise value by 2025.

The technology backbone includes ISO 9001:2015 and ISO 22000:2018 certified food production, FTTX/VSAT/4G-5G telecom infrastructure, licensed e-payment systems, and EV manufacturing — but no proprietary AI/ML platform is disclosed. Recent capital allocation has emphasized international FMCG expansion (India, Egypt), telecom acquisitions (Moldcell, $100M from Telia, 2019), hospitality acquisitions (Norfolk Hotel and Mara Safari Club, 2020), and an in-house venture capital vehicle (Torana Fund, $50M, 2021) targeting pre-seed and seed-stage companies in core verticals across India, US, UK, Singapore, Africa and the Middle East. The company is privately held with no disclosed institutional investors; ownership and operating control remain concentrated in the Chaudhary family through Chairman Binod Chaudhary and Managing Directors Rahul, Nirvana, and Varun Chaudhary.

Name

CHAUDHARY PVT LTD

Legal name

CG Corp Global

Website

https://cgcorpglobal.com

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CG Corp Global (Chaudhary Group) is a Nepal-based multinational conglomerate operating 202 companies and 261 brands across 32+ countries, serving mass-market consumers and enterprises through FMCG (Wai Wai noodles), hospitality (134+ hotels), financial services, telecom, cement, electronics, and infrastructure.

Ownership category

akta.pro rank

Product category

Diversified Conglomerate

NAICS

Beverage Manufacturing (3121), Snack Food Manufacturing (31191)

SIC

Beverages (2080), National Commercial Banks (6021), Wholesale-Groceries, General Line (5141)

akta.pro primary industry

Alcoholic Beverage Contract Manufacturing / Co-packing (Brew, Distill, Bottle, Can) (CRADAIAI)

akta.pro secondary industry

Consumer Packaged Goods (CPG) & FMCG (TLAIALAH)

Keywords

• FMCG manufacturing
• Hospitality services
• Commercial banking
• Telecom services
• Cement manufacturing

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices20 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. FMCG Manufacturing & Sales: Manufacturing and sale of instant noodles (Wai Wai brand - flagship product), snacks (Kwik's brand), beverages (Rio brand), and energy drinks. Operations in Nepal, India, Serbia, Kazakhstan, Bangladesh with Egypt planned. Sells to consumers through distributors and retail networks across 35+ countries. Global sales of 2.8 billion packets of Wai Wai noodles annually.
2. Hospitality Management: CG Hotels and Resorts manages and owns hotels through own brands (The Fern, The Zinc, Summit, Beacon) and joint ventures (Taj, Radisson, Jetwing, Fairmont). Portfolio of 127+ hotels and resorts with 7,561+ keys across 12 countries. Revenue from hotel operations, management fees, and brand licensing.
3. Cement Production: Manufacturing and sale of cement through integrated units (CG Cement Palpa, Samrat Cement) and grinding units (Bhairahawa, Dumkibas). Total capacity of 2.6 MTPA Clinker and 2.1 MTPA cement. Largest cement producer in Nepal.
4. Financial Services: Through Nabil Bank (controlling stake, 119 branches), Nabil Investment Banking, CG Finco (Western Union principal agent, 3000+ payout locations), United Remit (MoneyGram super agent, 3500+ payout locations). Revenue from interest income, transaction fees, and remittance services.
5. Telecom Services: CG Telecom provides rural telephony, CG Net provides FTTH internet services (120 Mbps), CG Pay provides e-payment services. Moldcell (Moldova) provides mobile services with 900k+ subscribers and 30% market share. Revenue from subscription fees, data services, and transaction fees.
6. Infrastructure & Hydropower: CG Infra develops hydropower projects (Middle Modi 18 MW, Dudhkoshi-5 110 MW), construction services through Himal Hydro, and energy-efficient technologies. Revenue from project development, EPC contracts, and energy sales.
7. Education Services: CG Education operates preschools (Niños), schools (Chandbagh, DPS Birgunj, SRES, Campion School), and Campion College. Revenue from tuition fees and educational services.
8. Electronics Manufacturing & Sales: CG Electronics assembles and sells consumer electronics under CG brand and multiple agency brands. E-commerce through cgdigital.com.np. Market leader in Nepal for over 40 years.

Pricing tiers

Go-to-market motion4 records

Distribution channels8 records

Marketing channels9 records

Core offering

CG Corp Global is a Nepal-based multinational conglomerate that manufactures and distributes FMCG products (Wai Wai instant noodles, Kwik's snacks, Rio beverages, Nepal Ice and Real Gold beer), operates 127+ hotels and resorts globally under brands like The Fern, The Zinc, Summit, and joint ventures with Taj, Radisson, and Fairmont, provides commercial banking and remittance services through Nabil Bank (119 branches), CG Finco, and United Remit, delivers telecom and internet services through CG Telecom, CGNET, and Moldcell, and manufactures cement, consumer electronics, electric vehicles, corrugated packaging, and beverages across 35+ countries. Revenue is generated across multiple verticals with the flagship Wai Wai noodle brand achieving 2.8 billion packets sold globally per year.

Product overview

CG Corp Global (Chaudhary Group) is a Nepal-based multinational conglomerate operating over 202 companies and 261 brands across 32+ countries with 20,000+ employees. The company operates a diversified portfolio organized into distinct business verticals: CG Foods (instant noodles under Wai Wai brand, snacks, beverages), CG Hospitality (134+ hotels and resorts across global brands), CG Financial Services (banking, investment banking, remittance through Nabil Bank, Nabil Invest, CG Finco, United Remit), CG EPay (e-payment and e-commerce), CG Capital Partners (venture capital), CG Telecom (telecom services including CGNET and Moldova's Moldcell), CG Infra (hydropower and infrastructure), CG Cement (largest cement producer in Nepal), CG Electronics (consumer electronics and e-commerce), CG Motors (electric vehicles), CG Developers (real estate), CG Brewery (beer brands), CG Beverage (Rio drinks), CG Education (preschools to postgraduate institutions), and CG Industrial/Mega Food Parks. The conglomerate also includes Chaudhary Foundation for CSR activities. Led by Chairman Binod Chaudhary, the group aims to become a $5 billion enterprise by 2025.

Differentiator

Problem solved

Functional benefit

Brands

• Wai Wai: Iconic instant noodle brand enjoyed across 50 countries globally; market leader in Nepal and North East India; produces 2.8 billion packets annually
• Kwik's
• Rio
• Jucilo
• Nepal Ice
• Real Gold
• Mustang
• The Fern
• The Fern Residency
• The Zinc Living
• Beacon
• Summit Hotel
• CGNET
• CG Pay
• Nabil Bank
• Moldcell
• Torana Venture Capital Fund

Products and services

• CG Foods (Wai Wai Noodles) CG Foods is the FMCG arm of CG Corp Global, producing instant noodles under the flagship brand Wai Wai (market leader in Nepal and North East India, exported to 50+ countries with 2.8 billion packets sold annually), snacks under the Kwik's brand, and other FMCG products. Operations span Nepal, India, Serbia, Kazakhstan, and Bangladesh.
• CG Hospitality CG Hospitality owns and operates 127+ hotels, resorts, and spas across 12 countries and 93 destinations with 7,561+ keys, through brands including The Fern, The Zinc, Summit, Beacon, Zinc Living, and The Farm at San Benito, plus joint ventures with Taj, Radisson, Jetwing, and Fairmont.
• CG Financial Services (Nabil Bank, CG Finco, United Remit) CG Financial Services encompasses Nabil Bank Limited (controlling stake, 119 branches, Nepal's first private commercial bank), Nabil Investment Banking Ltd, infrastructure and project financing, corporate banking services, CG Finco (Western Union principal agent with 3,000+ payout locations), and United Remit (MoneyGram super agent with 3,500+ payout locations).
• CG Telecom (CGNET, Moldcell) CG Telecom provides GSM and telecom services in Nepal with rural network coverage across 30 districts, including basic subscriber lines, international long distance, payphone, wireless services, internet, and tele-center. CGNET provides nationwide ISP/FTTH internet services at 120 Mbps. Moldcell is the second-largest mobile operator in Moldova with 30% market share, 900,000+ subscribers, and 4G coverage across 30+ regions.
• CG EPay CG EPay is an e-payment and digital wallet service launched in 2020. CG holds an e-payment license and is a leader in e-commerce in Nepal for developing and promoting electronic payment systems and alternative payment mechanisms.
• CG Cement CG Cement operates cement manufacturing with total capacity of 2.6 MTPA of Clinker and 2.1 MTPA of cement, making it the largest cement producer in Nepal. Includes CG Cement Palpa Integrated Unit (1.3 MTPA), cement grinding units in Bhairahawa and Dumkibas (0.80 MTPA), and Samrat Cement Integrated unit (1.3 MTPA clinker, 1.2 MTPA cement).
• CG Electronics CG Electronics is a market leader in Nepal for over 40 years dealing in over nine brands including the home-grown CG brand. CG Digital Park in Satungal produces consumer electronics. Also operates the cgdigital.com.np e-commerce portal with over 100,000 hits for audio visual, home appliances, and small home appliances.
• CG Motors (Electric Vehicles Neta & KYC) CG Motors develops green energy electric vehicles including Neta (crossover and fastback with ESC, N95 filter, phone projection) and CG KYC (Kuayue Chana V5 microvan), backed by the largest Nepalese business house with nationwide service and charging facilities commitment.
• CG Beverage (Rio) CG Beverage produces fruit-based drinks under brand Rio, generating over 100 million packets annually. Flavors include Alfonso Mango, Mixed Fruit, Apple, and Pineapple. Sub-brand Jucilo targets youth with Mango and Litchi flavors. Produces 65ml triangular packs for kids.
• CG Brewery CG Brewery Nepal produces 585,000 HL beer annually. Brands include Nepal Ice Natura (100% barley, 5.5% ABV), Nepal Ice Strong (7% ABV), Nepal Ice Premium, Nepal Ice Magna (wheat beer), Mustang Premium Strong (8% ABV), Real Gold series, Leopard, and Rewards 5000. ISO 9001:2015 certified.
• CG Energy Drink CG Energy Drink focuses on affordable energy products for sports, social, and outdoor activities to increase alertness and enhance physical and mental performance.
• CG Education CG Education operates educational institutions including Ni\u00f1os Pre-School (Montessori-based), The Chandbagh School (CBSE), Delhi Public School Birgunj, Sunrise English School, Campion School, Campion Academy (10+2 and A-Levels), and Campion College (undergraduate/postgraduate programs affiliated with Tribhuvan University).
• CG Infrastructure CG Infra develops hydropower, biomass to energy, waste-to-energy conversion, energy-efficient technologies, carbon trading, and solar power projects. Owns Middle Modi Hydro Power Project (18 MW) and Dudhkoshi-5 Hydro Power Project (110 MW). Undertaken in joint venture with Coastal Projects Ltd which acquired Himal Hydro & General Construction Ltd.
• CG Developers (CG Realty) CG Developers operates real estate development in Nepal with projects including Kathmandu Residency (first organized apartment), CG Hills, CG Hills Premium (58 independent homes in Bhaisepati), CG Landmark (180,000 sq.ft. multipurpose complex in Chitwan with mall and 48-key hotel), and operations in Dubai with over 1,000,000 sq ft developed.
• CG Packaging CG Packaging Nepal produces high-quality corrugated boxes with Nepal's first automatic corrugation line, manufacturing capacity of 250,000 boxes per day for CG verticals and external customers.
• CG Capital Partners (Torana Venture Capital Fund) Singapore-based private equity fund (Torana Venture Capital Fund) joint initiative of CG Corp Global and NE group, investing in pre-seed and seed-stage companies with minimum viable products. Focuses on FMCG/Consumer Tech, Hospitality/Hospitality Tech, Rural Products and Services, Financial Service/Fintech, and EdTech sectors across North America, UK, Dubai, Singapore, India, Africa, SE Asia and Middle-East.
• The Farm at San Benito Award-winning eco-luxury holistic medical wellness resort in Lipa, Batangas, Philippines on 48 hectares. Winner of 60+ international awards including Best Medical Wellness Resort in The World. Offers healing programs balancing mind, body, and spirit.

Quantifiable outcome

• 2.8 billion packets of Wai Wai noodles sold globally annually
• +9 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

16 partnerships are on record, tiered flagship, core, major and strategic.

• Taj Hotels Resorts & PalacesflagshipStrategic or Co-development PartnerCG Hospitality JV with Taj Group for properties in Maldives (Taj Exotica Resort & Spa, Vivanta By Taj) and Sri Lanka (Taj Samudra). Also Taj Safaris partnership with & Beyond for jungle experiences in India and Nepal (Meghauli Serai).
• Radisson Hotel GroupcoreStrategic or Co-development PartnerCG Hospitality operates Radisson JFK Airport hotel in New York as part of portfolio. Strategic partnership for hotel operations.
• Jetwing GroupcoreStrategic or Co-development PartnerCG Hospitality owns, operates and manages two hotels in Sri Lanka through collaboration with Jetwing Group since 2008 (Jetwing Sea, Jetwing VilUyana).
• Huawei TechnologiescoreTechnology or Integration$100 million deal with Huawei to launch 4G/5G services in Nepal. CG Telecom partnered with Huawei for network equipment, RF planning, data center, and marketing for 5G launch. Total planned investment of $250 million.
• Bill and Melinda Gates FoundationmajorStrategic or Co-development PartnerChaudhary Foundation partnered with Bill and Melinda Gates Foundation on health and sanitation projects in Nepal as part of broader social impact initiatives.
• STM Telecom Sanchar Pvt LtdcoreTechnology or IntegrationCG Telecom acquired STM Telecom Sanchar Pvt Ltd to provide rural telecommunication services. Awarded rural telecom license with 1068 PCOs using VSAT technology.
• Thai Preserved Food Factory (Thailand)strategicTechnology or IntegrationCG Foods first factory established in 1984 in technical collaboration with Thai Preserved Food Factory, Thailand - became first brown noodles manufacturing company in Nepal.
• Lions Club International FoundationstrategicStrategic or Co-development PartnerNepal Social Business (NSB) is a joint initiative of Lions Club International Foundation and Chaudhary Foundation started July 2014 to support and fund social businesses with innovative ideas in Nepal.
• Bhagwan Mahavir Vikalang Sahayata Samiti (BMVSS)strategicStrategic or Co-development PartnerChaudhary Foundation partnered with BMVSS (Jaipur Foot organization) for artificial limb fitment camps in Nepal. Established permanent center for artificial limb fitment in Nawalpur district.
• Sri Sri Ravi Shankar (Art of Living)strategicStrategic or Co-development PartnerCG Shashwat Dham spiritual center established with inspiration from Sri Sri Ravi Shankar. Art of Living Apex Board membership for Nirvana Chaudhary.
• Fairmont Hotels (Accor)coreStrategic or Co-development PartnerCG Hospitality acquired and operates Fairmont The Norfolk Hotel (Kenya) and Fairmont Mara Safari Club through partnership with Accor group. Flagship heritage property acquisitions.
• Chongqing Kuayue Automobile Co., Ltd (Kuayue/Changan)strategicOEM/ Whitelabel/ Licensing PartnerCG Motors (KYC Kuayue Chana V5 microvan) manufactured by Chongqing Kuayue Automobile Co., Ltd of Changan Automobile under Kuayue sub-brand for light commercial vehicles.
• Western Union Financial Services Inc.coreChannel Partner/ Reseller/ DistributorCG Finco is No. 1 Principal agent of Western Union Financial Service Inc. (USA) for inward money transfer since 2003 with over 3,000 payout locations covering every corner of Nepal.
• MoneyGram Inc.coreChannel Partner/ Reseller/ DistributorUnited Remit is one of the Prime Super Agent of MoneyGram in Nepal. Awarded for service excellence and marketing initiatives for several consecutive years. 3500+ payout locations.
• Multimode Group (Bangladesh)strategicStrategic or Co-development PartnerCG Foods Bangladesh Ltd is a Joint Venture between Multimode Group in Bangladesh and Chaudhary Group for manufacturing Wai Wai noodles in Dhamrai, outskirts of Dhaka.
• Coastal Projects LtdstrategicStrategic or Co-development PartnerCG Corp Global in joint venture with Coastal Projects Ltd acquired Himal Hydro & General Construction Ltd for hydropower, tunneling, transmission lines, and construction projects.

Scale indicators25 records

Recent moves13 records

Expansion highlights8 records

Direct peers

• ITC Limited: Indian diversified conglomerate with major FMCG, hotels, paperboards and agribusiness verticals; one of the closest large-cap comparables to CG Corp Global's diversified, multi-vertical business model, and a direct competitor in instant noodles via Sunfeast YiPPee!.
• Nestlé India: FMCG/food giant operating Maggi, the principal direct competitor to CG's Wai Wai in India and South Asia; comparable in category leadership, distribution depth and brand-building intensity in instant noodles and packaged food.
• Godrej Industries: Indian diversified group spanning FMCG (Godrej Consumer Products), appliances, real estate and financial services; comparable to CG's diversified conglomerate model with a strong consumer-products core.
• Britannia Industries: India-listed packaged food leader in biscuits, dairy and bakery; directly comparable to CG Foods in snacks and packaged FMCG distribution, with similar India-centric mass-market positioning.
• Indian Hotels Company (Taj): Owner of the Taj brand and CG Hospitality's JV partner for properties in Maldives, Sri Lanka and India; directly comparable on luxury/mid-scale hotel operations, brand management and South Asian hospitality footprint.
• Lemon Tree Hotels: India-listed mid-scale hotel chain with growing footprint across India and a comparable customer segment to CG Hospitality's The Fern, The Zinc and Beacon brands; relevant peer for benchmarking India hospitality expansion economics.
• Dabur India: India-listed FMCG company in food, beverages and personal care with strong South Asian distribution; comparable to CG Foods/CG Beverage in product breadth, mass-market positioning and cross-border South Asian reach.
• Haldiram's: India-based ethnic snacks and packaged food conglomerate with global distribution; comparable to CG Foods in snack-food category breadth, manufacturing scale and South Asian consumer brand strength.

Broad incumbents

• Aditya Birla Group: Large Indian conglomerate with cement (UltraTech), metals, fashion, financial services and emerging FMCG; mirrors CG's conglomerate breadth including cement leadership and cross-vertical diversification, but at significantly larger scale.
• Reliance Industries: India's largest private-sector conglomerate spanning digital services (Jio), retail, petrochemicals and FMCG/consumer brands; relevant as a benchmark for South Asian conglomerate scale, capital allocation and digital ecosystem building.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cgcorpglobal

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries23 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CHAUDHARY PVT LTD