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) |
TechX Acceleration Twelve-month acceleration programme for eight edtech and healthtech ventures run by Accelerator Nepal with SDC funding through the DIGI Nepal project; concluded in 2025. | Programme | Historical | –2025 | — |
Pumori core banking division (Mercantile Office Systems) Core banking software division (Pumori) of Mercantile Office Systems, merged into InfoDevelopers Pvt. Ltd., which became InfoDevelopers MOS Pvt. Ltd. | Product | Merged | –2023 | InfoDevelopers MOS |
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 recorded3
| Entry | Kind | Outcome | Years |
|---|---|---|---|
Government business incubation programme (first phase) Government programme supporting young and prospective entrepreneurs through business incubation, run for five years from fiscal year 2006/07. It was discontinued for seven years and restored in 2019 under the Department of Cottage and Small Industries. | Programme | Dormant | 2006– |
Naamche AI/ML and software development company acquired by Nasdaq-listed reAlpha Tech Corp. | Company | Acquired | — |
Rs 1 billion startup promotion fund (2021-22 budget) Startup promotion fund of Rs 1 billion provisioned in Nepal's 2021-22 budget, with a credit procedure meant to provide seed capital. The finance minister later said it could not be implemented because the government changed. | Fund | Dormant | — |