Business
Nepal's economy, startups, markets, and remittance — the financial pulse of the nation.
Nepal's economy, startups, markets, and remittance — the financial pulse of the nation.
Nepali startups collectively raised over $50 million for the first time, but most of the capital is concentrated in three Kathmandu-based fintechs, leaving the rest of the ecosystem starved.
Remittances now account for 27% of Nepal's GDP. This is not a development success story. It is a structural dependency that successive governments have mistaken for one.