History
Companies, products and programmes that closed, were acquired or became part of the record
2020s3
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
Adex International Cloud, AWS consulting and DevOps services startup founded 2020 by Saurabh Subedi and Projwal Sharma (operations began mid-2022); acquired in August 2025 by US firm TechBay Digital at a reported valuation of USD 2.4 million. | Company | Acquired | 2020–2025 | TechBay Digital (US) |
Nepal Electronic Payment Systems (NEPS) Payment system operator providing card switch infrastructure; acquired by Nepal Clearing House Limited in 2024 on a 1:0.28 share swap, with joint operations following. | Company | Acquired | –2024 | Nepal Clearing House |
Sastodeal Nepali e-commerce marketplace that went offline after financial and commercial difficulties; IME Group bought a majority of shares in July 2024 with a stated plan to rebrand and relaunch it. | Platform | Acquired | 2011–2024 | IME Group |
2010s1
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
WorldLink Technologies Kathmandu software/IT services company serving government, public-sector and BFSI customers. Acquired by Atlanta-based Software Paradigms International (SPI) in May 2011 and combined into a new organisation named SPI Nepal. | Company | Acquired | –2011 | SPI Nepal (Software Paradigms International Group LLC) |
Date not recorded5
| Entry | Kind | Outcome | Years |
|---|---|---|---|
Daraz Pakistan-based e-commerce company operating in Nepal among other markets; acquired by Alibaba Group in May 2018. | Company | Acquired | — |
Daraz Nepal Online marketplace operating in Nepal; started as Kyamu in 2013 and acquired by Alibaba Group in 2018. Announced layoffs in Nepal on 27 February 2024. | Company | Acquired | 2013– |
EkGhanti Services Offers omnichannel telephony and call-centre solutions and missed-call banking services. Swift Technology, a fintech subsidiary of IME Group, bought a majority stake for an undisclosed sum (announced 31 March 2022). | Company | Acquired | 2017– |
Hamrobazar Free online classified portal for buying and selling goods, launched by Prabal Saakha with Pranav Shrestha and Pranay Shrestha. Acquired by MNS Investments in 2021, with Rohit Tiwari named CEO. | Company | Acquired | — |
Naamche AI/ML and software development company acquired by Nasdaq-listed reAlpha Tech Corp. | Company | Acquired | — |