Startups are companies that are only getting started. Startup entrepreneurs do not immediately launch their businesses; instead, they wait for outside investment to provide them with ongoing funding. These businesses have large startup expenses and modest revenue. Savings and financial support from family and friends frequently serve as the initial sources of funding for enterprises. There is no set need for the formation of startups, nor is it necessary for it to be started by a single person.
The youthful generation’s perspective has shifted as a result of Nepal’s dependence on foreign nations for nearly everything. As a result, we are seeing an increase in the number of startups in Nepal. Accordingly, I’ve listed some of all Startups in Nepal below for you.
Yatri Motorcycles — Best Startups in Nepal
Ashim Pandey created the Nepali motorbike manufacturer Yatri Motorcycles in 2017. Yatri Motorcycles is a Nepal-based business that has developed a creation in the country’s auto industry. Yatri offers customers the choice to transition to an electric form of transportation, providing fierce rivalry to all other motorbike manufacturers. a style of life that values protecting the environment and takes action to address one of the biggest issues, urban air pollution.
They had started their two-year-long research project. They traveled around Nepal at this time to research and learn more about the cars and road conditions, which helped them gain a better knowledge.
Yatri Motorcycle recently released two products in the Nepali market: the P-0 and P-1 electric motorcycles.
- Established: 2017
- Business Model: E-Bike Manufacturer
- Founder: Ashim Pandey
- Funded Status: Bootstrapped
- Website: Visit
Hatti Hatti Nepal
Hatti Hatti is a non-profit organization with based in Kathmandu, Nepal, that works to empower women from underrepresented groups.
The women are given the chance to develop their skills as tailors, as entrepreneurs, and as independent people through education and hands-on training. The creation of HattiHatti items gives the ladies access to a stable source of income as well.
That’s not all, it also offers fundamental non-formal education and training (tailoring and business management) to the women from underprivileged communities so that they can become more independent on the job and in their communities.
- Established: 2104
- Business Model: Sustainable Fashion
- Founders: Priya Sigdel, Bhushan Pyakurel, Abita Karki, Sulav Baral, Bijesh Ranjit, Dharma Raj Giri, and Rumi Rajbhandari
- Funded Status: Bootstrapped
- Website: Visit
The Local Project Nepal
The purpose of the local Project Nepal is to provide a platform for local Nepali products and to support local businesses that can provide their owners with a stable income.
It now has two locations: one inside the Evoke Cafe Premises in Jhamsikhel, Lalitpur, and the other inside Le Sherpa Restaurant in Maharajgunj, Kathmandu. It offers a large selection of items created in Nepal, including soaps, bag packs, accessories, stationery, and famine care products. They also provide home delivery option.
Some of the most well-known Startups in Nepal brands are on show at The Local Project (like Mheecha, Yatri Supply, MetalWood, Allare, etc).
To accommodate more Nepali labels, The Local Project plans to open a few outlets throughout the Valley. They’ve also begun creating product prototypes of their own, and they intend to start a label soon. The Local Project eventually aspires to become the one-stop shop for Nepal’s top artists and handcraft makers.
Locally-made products deserve more attention
BINAM SHAKYA
- Established: 2017
- Business Model: B2C Made In Nepal Products
- Founders: Binam Shakya, Sachin Shrestha
- Funded Status: Bootstrapped
- Website: Visit
Mad Honey
Mad Honey is startups in Nepal founded by Sanjay Kafle, a travel enthusiast and blogger, found mad honey in 2019 while researching a story about bee hunters.
Mad Honey provide Apislaboriorsa’s Apis honey, which is painstakingly harvested by Nepalese Gurung tribesmen, in its purest form, without any additives or water dilution, high in the Himalayas (The largest Honeybee in the world). They are the only business with significant experience to offer shipment of Himalayan honey internationally.
Mad Honey offers honey tours and expeditions where interested individuals can embark on honey-hunting, trekking, and camping trips in addition to local delivery and global exports. Kafle explains: “Hunting places are now partially established as tourist places, a vertical source of income for the locality to maintain a livelihood.”
- Established: 2019
- Business Model:
- Founders: Sanjay Kafle
- Funded Status:
- Website: Visit
Portal Bikes
Caleb Spear an American National founded also an avid mountain biker, was founded Portal Bike in 2013 with the vision to transform the society. With that vision Celeb and Emily flew to Nepal and they met up with Dustin Alarid, Tenjing Gurung, and the other staff of Portal.
The goal of social enterprise Portal Bikes is to create the most innovative and adaptable bicycle in the world that will be able to change people’s lives and strengthen the company.
Caleb founded it with the intention of establishing bicycle freedom for all. Along with the USA, it also has a location in Jawalkhe, Lalitpur, Nepal.
Most of the time, Portal has been able to survive off the money it received from selling Caleb’s US-based company. Donations have supplemented this. They hope to become a fully self-sustaining business soon.
- Established: 2013
- Business Model: Bicycle Manufacturer
- Founders: Caleb Spear
- Funded Status: Bootstrapped
- Website: Visit
Doko Recyclers
A social company called Doko Recyclers organizes and recycles dry waste. It was established in 2017 by Kushal Harjani (CEO), Raghavendra Mahato, and Runit Suria with the goal of fostering a developing green economy that prioritizes social and environmental welfare via the preservation of natural resources and the encouragement of local innovation.
Doko’s goal is to standardize good waste management practices and put them into practice nationwide so that 90% of the garbage we produce is recycled rather than ending up in landfills.
It offers a variety of services, including shredding, composting, managing e-waste, workshops on waste management, and the tatwa sustainability store.
Established: 2017
Business Model: Waste Management Services
Founders: Kushal Harjani, Raghavendra Mahato, and Runit Suria
Funded Status: Bootstrapped
Website: Visit
Fit Box
Fit Box is a meal delivery service that appears to be comparable to other food delivery businesses in that it delivers food to your doorstep. However, it has set itself apart by enabling the user to customize their diet and pick the meal plan that works best for them. It will bring freshly prepared meals in a microwave-safe box to your door at the time of your choosing.
Fit Box has been offering five different lunch meals — low calorie, high calorie, keto meal, basic meal and deluxe meal.
Orders from ‘Fit Box’ are subscription-based with a minimum subscription for 15 days. The menu changes on a daily basis with 30 different items. For instance, a low calorie meal consists of brown rice two days a week, pasta once a week, fish once a week and chicken once a week.
Additionally, the business pauses delivery of a meal in case a client is ill or on the road. The firm costs a one-time membership fee of Rs1,000, and the meals come with no delivery afterwards.
The business also has plans to start selling full-day diet meals in the near future.
- Established: 2018
- Business Model: Subscription-based Healthy Meal
- Founders: Denim Shrestha
- Funded Status: Bootstrapped
- Website: Visit
Foodmandu
Foodmandu, which was established in November 2010, is the first business in Nepal to offer doorstep delivery of meals from more than 300+ different eateries in Kathmandu.
Foodmandu raised series B funding from Team Ventures, a local private investment fund, in exchange for a 20% stake in the startup. Details of the transactions were not disclosed.
It first faced difficulty since it had to link businesses, consumers, and riders because internet food delivery was a novel idea. The education effort for eateries and consumers took two years since restaurants were initially reticent.
As of now, from Kathmandu, Lalitpur, and Bhaktapur (Kathmandu Valley), Foodmandu plans to expand its reach to other cities across Nepal’s seven provinces.
- Established: 2010
- Business Model: Online Food Delivery
- Founders: Manohar Adhikari
- Funded Status: Funded
- Website: Visit