Breaking News: Sastodeal Secures Major Funding to Propel Nepal's Ecommerce Growth

We are thrilled to announce that Sastodeal, Nepal's leading e-commerce platform, has successfully secured funding amounting to NPR 200 million (approximately USD 1.6 million) in its latest financing round. This significant investment will propel our efforts to enhance the online shopping experience for our valued customers across Nepal. Established with the vision of transforming the e-commerce landscape in the country, Sastodeal has consistently championed local products, empowering small businesses to reach a wider audience while providing consumers with a diverse range of quality goods. The funds acquired will primarily be allocated towards expanding our logistics capabilities, ensuring faster delivery times, and improving our technological infrastructure to offer a seamless shopping experience. Additionally, this funding round will allow us to further invest in marketing strategies aimed at increasing awareness of our platform and promoting local Nepali products. With an ever-growing demand for online shopping, particularly in the wake of the global pandemic, we are committed to tapping into the immense potential of e-commerce in Nepal. We believe that this investment will not only help us consolidate our market leadership but also play a pivotal role in nurturing the local economy by supporting our partners and vendors throughout the region. We are excited about the road ahead and look forward to taking Sastodeal to new heights as we continue to serve our community with dedication and innovation. Thank you to our investors for believing in our vision and joining us on this journey!