Author: Radha Sapkota

Upaya, a leading logistics company enabled by technology, recently had an investment closure of NPR 6 crore from Nepal Infrastructures Investment Fund Limited (NIIF), a permanent capital venture jointly promoted by Global Equity Fund (GEF), Prime Life Insurance & Himalayan Everest Insurance, and managed by GEF. In the year 2021, Upaya successfully closed funding worth NPR 18 crore from Dolma Impact Fund II and the fund was used for the expansion of the company along with introduction of various logistics solutions across the country. Upaya has been successful in integrating all aspects of logistics involving market aggregation operation and End-to-End…

realme, the world’s fastest-growing smartphone brand, introduced a new addition to its series-realme 10 Pro+ 5G. Supposed to be the first premium midrange smartphone after the lift of the 300$ import ban, the realme 10 Pro+ 5G is finally here in the Nepali market after a worthwhile wait. Appreciated for its flagship-level curved vision display, which realme calls hyperspace design, the realme 10 Pro+ 5G has really put an effort to improve the user experience. Munish Giri, Country Head, realme Nepal stated, “We are thrilled to unveil the newest member of the 10 Pro series, the realme 10 Pro+ 5G.…

vivo, a new age leading global smartphone brand, announced a massive price drop on its Y53s and V23e models, the two very innovative smartphones from its Y and V series. The 8+128 GB edition of V23e is now officially available for the price of Rs. 36,999 which was earlier priced at Rs. 41,999, and the 8+256 GB edition is available for Rs. 41,999 witnessing a drop from the previous price of Rs. 46,999. The 8+128 GB model of the Y53s is now available for the price of Rs. 30,999 instead of its earlier price of Rs. 34,999. This new price…

Have you ever wondered if we could pay internet bills monthly only after the usage for a month? Keeping this in mind, CGNET has recently launched a Postpaid plan for the first time in Nepal. Under this plan, CGNET offers 250 Mbps at Rs. 1049 and 250 Mbps + IPTV at Rs. 1154 per month. Customers can now subscribe to an Internet Plan and pay on a postpaid basis, i.e., use now and pay later, thanks to the new payment model that CGNET has established called Postpaid rates. CGNET Postpaid Plan: Use Now, Pay Later Customers will also receive the…

Digital payment systems like Payment System Providers (PSPs) and Payment System Operators (PSOs) can now receive foreign direct investment (FDI) in Nepal. On Thursday, Nepal Rastra Bank issued a Licensing Policy for Digital Payment Systems through the Payment Systems Department. The document includes a set of rules and guidelines policies for the payment system companies along with their licensing requirements. We have listed the major highlights for your convenience: #Increase in Paid-up Capital Requirement The paid-up capital requirement for PSPs and PSOs has been increased by the NRB. Type of the CompanySpecificationsMinimum Paid-up Capital RequirementPayment Systems Provider (PSP)Offering digital payment…

In this age of competition of phones over the Megapixels, battery usage, and storage capacity, feature phones are still among the choices of people.Feature phones no doubt have been the first generation of mobile phones that were handy could fit in our pockets, and were too strong to break. Let’s get to know about the journey of the market of feature phones The mobile phone landscape looked pretty different for some decades. Feature phones ruled the market worldwide, being Motorola, and Nokia the top global leaders in that. Motorola had more than 57% of the global market share in the…

Nepal Clearing House Limited (NCHL) has been awarded with the “HRM Awards for Corporate Excellence” for 2022. Corporate Club Nepal has been organizing this award every year. And this year, NCHL has bagged this award under the Fintech category. The award was presented to NCHL on Poush 14, 2079 (December 29, 2022) in the event. As per the organizers, the award was given in acknowledgment of the contribution made by NCHL in facilitating electronic transactions and digital payments by establishing and operating the necessary payment infrastructures for the transformation of the digital economy. Payment Systems under NCHL Nepal Clearing House…

Nepal’s first payment service provider’s summit is happening on January 10, 2023, where major industry experts, representatives from the PSPs, PSOs, and thought leaders will participate and share their experiences on a single forum. This is going to be for the first time in Nepal. Sayapatri, a financial technology company by Swivt Technologies, will host the first-ever PSP Summit in Nepal where the participants will discuss the latest trends and developments in the payment service provider industry. The event will feature a panel discussion with leading experts, as well as a keynote speech from Ashneer Grover, the founder of Bharat…

Softwarica College of IT and E-commerce has conducted a “Job Placement Week” for students. Being in the academic sector for 12 years, Softwarica College has conducted this placement program for its students to support them in getting jobs in various companies in Nepal. “We have conducted this program to become a bridge between job providers and job seekers,” said Pramod Paudel, Head of the college. He further added this program has helped students to build up their employability skills to be ready for the job market, and excel in their careers. In this program, computing, ethical hacking, and cyber security…

On December 28, 2022, Sunil Yadav, founder of the on-demand online food delivery company BhojMandu posted on his Facebook: Spam Reviews targeting BhojMandu From this post, it seems BhojMandu is getting negative reviews on Facebook all at once in a single night. As you can see from the screenshots, the reviews are from unusual usernames. When we dig down to such IDs, they were just made for that particular purpose, to provide reviews on the Facebook pages of the businesses. If you check the IDs like Night Owl, Mellow, Nepal Games, etc., they have no profile picture or logo. Even…