History
Companies, products and programmes that closed, were acquired or became part of the record
2020s8
| 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 | — |
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 |
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 |
Tootle (original operator and app) Ride-sharing app launched in January 2017. After a hiatus, in September 2023 Zapp Today relaunched the Tootle brand with a new app under new management. | Platform | Dormant | 2017–2023 | Tootle by Zapp (Zapp Today / Zapp Services) |
Analogue Mall E-commerce and offline electronics retail chain that began operating in Nepal in November 2020 as a subsidiary of Analogue Inc; GadgetByte Nepal reported on 3 August 2022 that it had ceased operations and its website and stores were not operating. | Company | Closed | 2020–2022 | — |
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 |
iflix in Nepal (Ncell) Video streaming service offered to Nepali users through Ncell from 2017, including free access for some Ncell data users. Ncell stopped providing it from 6 June 2020 without giving a reason; iflix continued in other countries. | Service | Discontinued | 2017–2020 | — |
2010s5
| 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) |
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 | — |
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 |
Harilo Reshipping/e-commerce website that let people in Nepal buy goods from US retailers and have them delivered to Nepal. It stopped taking orders in August 2016 and, per TechLekh's August 2017 update, had not resumed. | Platform | Closed | –2016 | — |
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– |
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 | — |
Sroth Code Games Nepali game studio that attempted an open-world PC/mobile game, Chronicles of the Himalayas; described in October 2020 as "now-defunct". | Company | Closed | — |