History
Companies, products and programmes that closed, were acquired or became part of the record
2020s6
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
RTDF local-government broadband programme Rural broadband expansion projects financed from the Rural Telecommunications Development Fund and implemented through local governments under a cabinet decision of 11 February 2021. The regulator stopped expansion in March 2026 after more than Rs 410 million had been spent. | Programme | Discontinued | 2021–2026 | — |
DIGI Nepal Fintech Challenge Twelve-month challenge programme for five finance-sector startups, supported by the Swiss Agency for Development and Cooperation through the DIGI Nepal project. It offered technical assistance, workshops, mentoring and networking, and concluded in 2025. | Programme | Historical | –2025 | — |
IME Pay Licensed digital wallet of the IME group. NRB approved its merger with Khalti in June 2025; the merged company is IME Khalti Limited and the unified app retains the Khalti brand, so the IME Pay brand is retired. | Product | Merged | –2025 | Khalti |
OrangeNXT App-based digital-only banking service launched by Laxmi Sunrise Bank on 25 January 2024 with fintech FoneNXT. More than 65,000 customers had opened accounts with deposits of Rs170 million when NRB ordered it suspended in August 2025. | Product | Dormant | 2024–2025 | — |
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 |
|---|---|---|---|
Yonder Music Nepal Music streaming app brought to Nepal by Ncell with US firm Yonder Music Inc.; it suspended service on 23 March 2018, also suspended in Malaysia the same day. | Product | Discontinued | –2018 |
Date not recorded1
| 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– |