Nepal Breaking NewsBusinessThe IME Group invests in the Sastodeal e-commerce platform.

The IME Group invests in the Sastodeal e-commerce platform.

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The IME Group now entered the industry. Sastodeal.com has been agreed to be invested in by the company.

The decision taken in light of Sastodeal’s brand identity, market success, overall e-commerce industry growth, and prospects, according to Hemraj Dhakal, co-founder and managing director of IME Group.

“We imagine Sastodeal working with IME portfolio companies in the future, such as wallets, FMCG, remittances, automotive, logistics, finance, entertainment, and hospitality,” he said.

Sastodeal’s founder, Amun Thapa, said he was looking forward to working with the IME Group to put plans in place to help the business and the e-commerce industry develop together. “We plan to combine our infrastructure, technology, and portfolios to provide excellent services to Nepal for our of customers and thousands of ,” he said.

Last year, Sastodeal formed a strategic alliance with Walmart-owned Flipkart. Investors such as Dolma Impact Fund and ICTC have also backed the firm.

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