Top Startups in Nepal Everyone Should Know

top startups in nepal

Startups and businesses have risen highly in Nepal. Many startups are doing great and providing better facilities to the consumer. Today, in this article we are going to discuss the top 5 startups in Nepal. These startups have brought positive impacts to society and solved the problems of the people.

Table of Contents

Esewa

E-Sewa is the pioneer in the digital payment industry established in 2009. Bishwash Dhakal is the founder and chairman of eSewa Private Limited.

It is a subsidiary company of F1 Soft company. F1 soft is a fintech company that currently serves more than 90% of the financial institutions of Nepal with its Fintech products.

E-Sewa has solved the problem of people by connecting them to the digital world. People had to spend many hours in the queue to pay electricity bills, drinking water bills, and government payments. Now you can pay the bill from your mobile phone.

Now, the top payments include electricity bill payments, mobile recharge, internet bill payment, tv payment, Khanepani payment, air tickets, school fee payments, online shopping, bus tickets, airlines, education fees, movies, insurance, and financial services.

They have achieved the vision of a cashless economy. Today more than 500,000 transaction takes place daily through E-Sewa. E-Sewa has connected the life of many Nepalese and made it easier for household and corporate payments.

Foodmandu

Foodmandu is one of the first and most popular food delivery services operating in Nepal. It was established in 2010 A.D and it has to go through different ups and downs till now.

Today, they are serving more than 300,000+ customers inside Kathmandu valley and Pokhara. They are connected with more than 800 companies. This year they have also received a $4 million USD investment from the Dolma impact fund. This investment will be used to advance and improve existing technologies and expand the service to international businesses.

Foodmandu aims to create jobs and sustain thousands of jobs opportunities over the next 5 years.

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Sastodeal.com

Sastodeal has an estimated monthly visitors of 50k. It is the pioneer e-commerce company established in 2011. Amun Thapa is the founder and CEO of Sastodeal.com.

This e-commerce startup was started with low investment and today it is one of the successful startup companies. You can get a wide range of products from fashion and clothing, daily needs, home and lifestyle, accessories, groceries, electronics and appliances, books,U and much more.

Sastodeal has partnered with international giants such as Flipkart and Myntra which helps users to buy products from international brands.

UG Bazaar

Nikita Acharya and Kiran Timsina cofounded Urban Girl in 2012 as the earliest e-commerce startup in Nepal with an initial investment of 200$. They are also listed in Forbes 30 Under 30 Asia list of 2020 by Forbes magazine. New Business Age magazine has also awarded them with the best startup in the year 2018.

Urban Girl started by selling fashion jewelry and customized products and later expanded to makeup and fashion, electronics, and home decor. UG added UG cakes in the year 2016. They started selling cakes online. In 2020 they launched UG Bazaar and customers can shop for a wide range of products. UG cakes and the Urban girl is now part of the social e-commerce platform UG Bazaar.

Tootle

Tootle, a ride-sharing platform launched in 2017 in Nepal. It was launched to solve the problems such as inconvenient public vehicles, overpriced taxi services, and congested roads. This platform helps to connect the bike owner and a person who needs to ride and they share the ride. It is also recognized as Asia’s most promising startup of 2017.

Today, tootle has 50,000 trained riders and 3,00,000 customers. They are providing job opportunities from their platform. In order to use the tootle service, one has to download the application from the play store or AppStore. It has 100k+ downloads at the play store

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