Fusemachines, a global AI solutions provider founded by Nepali entrepreneur Dr. Samir Maskey, is poised to become the first company of Nepali origin to land on the prestigious NASDAQ stock exchange. This landmark achievement follows a definitive agreement for business combination with CSLM Acquisition Corp., a special purpose acquisition company…

Nepal Association for Software and I.T. Services Companies (NAS-IT)  is pleased to announce its membership in The Asia-Pacific ICT Alliance (APICTA), presenting Nepal as the 17th member economy within this significant global alliance. The Asia Pacific ICT Alliance (APICTA) is a community of collaborative ICT organizations that are nominated by…

Nepal Association for Software and I.T. Services Companies (NAS-IT) held its first Annual General Meeting (AGM) at Hyatt Place, Kathmandu on 8th September 2023 Friday. The event centered around the presentation of the annual report, audited financial statements for the fiscal year 2079/80, and forecasted budget. Richan Shrestha was elected…

To strengthen the IT sector and encourage international growth, Nepal Rastra Bank (NRB) released an encouraging monetary policy on Sunday. As per the new guidelines, industries and businesses engaged in exporting of digital services will be facilitated by the government to establish contact offices in foreign countries. Additionally, to further…

Nepal Association for Software and IT Services Companies (NAS-IT) and Kumari Bank Limited (KBL) have partnered to provide up to Rs. 10 million in collateral-free working capital loans to NAS-IT member companies, marking a significant moment in Nepal’s IT sector. NAS-IT’s President, Mr. Richan Shrestha and KBL Senior Deputy Chief…