Methodology

What this is

Index is a public reference to the startup ecosystem of Nepal: companies, investors, funding rounds, launches, the people around them, and the history of what has closed, been acquired or been discontinued.

It is compiled by a small research desk from public sources. It is a reference to read, not a feed to trade on, and it does not claim to be complete.

Where a record comes from

Records are compiled from what is publicly available: a company’s own website, public registers and regulator pages, official announcements, and reporting in the press. Nothing is taken from a private source or from a paid database.

Each company, funding round and history entry carries its sources: the page, a short quotation from it, the date it was read, and how confident the desk is in what it says. They appear in the sources panel on the record.

Where a company has claimed its own record, the edits it has made are marked as the company’s own. A claimed record is the company speaking about itself; the funding figures on it stay the desk’s.

How a record is checked

A batch of new records is read a second time by a different reviewer whose job is to disprove each row against the page it cites. A row the source does not support is corrected or removed. A row the desk cannot substantiate is held back rather than published with a caveat.

Records that are found to be duplicates are merged, and a company that cannot be shown to be operating is marked as such only when a source says so. Where sources disagree, the record says that they do rather than choosing quietly.

Money

Amounts are stored and shown in US dollars. When a round was announced in another currency, it is converted at the rate for the announcement date, and the original amount, currency and rate used are kept with the round.

A company’s total raised is the sum of its funding rounds on the index, and nothing else. A round whose stage or amount is not stated is shown as undisclosed rather than estimated. A sale of existing shares between investors is not money raised by the company, and is not counted as a round.

Funding figures are reconciled against the rounds the index holds, so they are only as complete as those rounds are. A figure that looks small may be a company whose rounds have not been published.

Status and history

A company’s status is operating, acquired, closed or public, and changes only on the strength of a source. The History section records closed and acquired companies, discontinued products and programmes, with the dates and the reason the sources give.

Where the sources do not give a date or a reason, the entry leaves it blank. A blank is a statement that the desk did not find it.

What the index does not do

It does not list every company in the country, and absence from the index says nothing about whether a company exists. It does not give investment, hiring or legal advice, and its figures should be checked against the source before anything depends on them.

It does not publish personal details beyond a person’s public professional role, and removing yourself from it is covered in the privacy notice.

Corrections

If a record is wrong, write to the corrections address on the contact page and name the record. The desk checks it against the source and answers corrections before anything else. You do not need an account.

Names and logos

Company, fund and product names and logos belong to their owners. They are shown only to identify the organisation a record is about, and a logo is taken from the organisation’s own website. If you own one and want it changed or removed, write to the contact address and it will be.

Using the data

The records are readable without an account. The index does not offer a public API or a bulk download, and automated collection is not permitted. If you would like to use the records in your own work, write to the contact address and say where the data will appear.