Bhaju Ratna Kansakar

Bhāju Ratna Kansakār (Nepali: भाजुरत्न कंसकार) (1882 in – 20 December 1956) was a Nepalese trader and philanthropist who laid the foundations of the Jyoti Group, one of the largest business and industrial houses in Nepal.

[3] After a few years in Darjeeling, Bhaju Ratna decided to set up a cloth shop in Kathmandu with his savings, and went to Mumbai to procure stock.

Bhaju Ratna remarried and moved to Kalimpong, India in 1921 to start afresh as a seller of household utensils for export to Tibet.

[5][6] Bhaju Ratna diversified into forwarding Lhasa-bound cargo for Lhasa Newar merchants based in the Tibetan capital.

Since most of the merchandise shipped to Lhasa were obtained in Kolkata, he set up an office there too in 1937, and sent his eldest son Maniharsha Jyoti Kansakar to work there.

Bhaju Ratna became one of the most important supporters of the movement to revive Theravada Buddhism at a time when it faced official disapproval at great personal risk.

Letterhead of Bhaju Ratna's firm
Motor Stand, Kalimpong in the 1950s
Kolkata in 1945