History
Companies, products and programmes that closed, were acquired or became part of the record
2020s4
| 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 |
Sajhadeal.com Online marketplace founded in 2017 by four entrepreneurs; relaunched in August 2022 as Saajha Online Shopping under a board led by chartered accountants, with a new website saajha.com.np. | Platform | Rebranded | 2017–2022 | Saajha Online Shopping |
2010s4
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
BhatBhateniOnline.com Online shopping portal acquired by F1Soft International, owner of eSewa, in June 2018 and rebranded and operated as eSewaPasal.com to tie it to the eSewa brand. | Platform | Rebranded | –2018 | eSewaPasal.com (F1Soft International / eSewa) |
Kaymu Nepal Open online marketplace in Nepal operating as Kaymu; renamed Daraz in July 2017 with new logo, name, apps and domain (daraz.com.np). The kaymu.com.np domain was retired. | Platform | Rebranded | –2017 | Daraz Nepal |
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) |
Mero Mobile Consumer mobile brand of Spice Nepal, described as Nepal's first private mobile operator, launched in 2005. After TeliaSonera took a majority stake (2008) the brand was changed to Ncell in March 2010 and Mero Mobile was retired. | Service | Rebranded | 2005–2010 | Ncell |
2000s1
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
Nepal Telecommunications Corporation State-owned telecom corporation formally established under the Communications Corporation Act; transformed into the company Nepal Doorsanchar Company Limited (NDCL) from Baisakh 1, 2061 BS, trading publicly as Nepal Telecom. | Company | Rebranded | –2004 | Nepal Telecom |
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 | — |