Fostering Growth and Empowering Nepali Tech: OTW and TGND Collaborate to Drive Transformation through Digital Economy in Nepal

Fostering Growth and Empowering Nepali Tech: OTW and TGND Collaborate to Drive Transformation through Digital Economy in Nepal

Kathmandu, June 30, 2024 - In a remarkable event aimed at bolstering the Nepali tech ecosystem, One to Watch (OTW) and The Great Nepali Diaspora (TGND) joined forces to host a networking event. The event, which saw enthusiastic participation from various stakeholders, showcased a shared vision of nurturing the growth and development of tech and tech-enabled companies in Nepal.

The networking event was graced by TGND’s founder, Ms. Preeti Adhikari, whose passion for building a community of exceptional global Nepali talent has been instrumental in fostering connections, collaboration, and camaraderie aimed at creating large-scale impact. OTW, with over a decade of experience in supporting the growth of small and medium-sized enterprises (SMEs) in Nepal through capital and mentorship, found a synergistic partner in TGND.

Panel Discussion: Learning from the Best

A highlight of the event was the panel discussion featuring prominent Nepali tech founders who have successfully built global companies. These trailblazers shared invaluable insights into their journeys, shedding light on both the opportunities and challenges faced when taking Nepali companies international. Their stories served as a beacon of inspiration for budding entrepreneurs and established businesses alike, emphasizing the potential of Nepali talent on the global stage.

Introducing NIIC2: Driving Digital Economy in Nepal

One of the significant announcements at the event was the introduction of the Nepal Impact Investment Community 2 Fund (NIIC2), a digital economy-focused fund dedicated to investing in tech and tech-enabled companies in Nepal. The fund aims to scale the growth of these companies, aligning with Nepal's digital development agenda and propelling the nation towards a more robust digital future.

Strengthening Bonds: OTW and TGND MOU

OTW Managing Director Suman Joshi and TGND Founder Preeti Adhikari signing the MOU

A pivotal moment of the event was the signing of a Memorandum of Understanding (MOU) between OTW and TGND. This MOU marks a commitment to collaborate, leveraging each other's networks and resources to bolster the growth and development of tech and tech-enabled companies in Nepal. This partnership is set to enhance the support ecosystem, providing comprehensive assistance to aspiring and existing tech entrepreneurs.

The event concluded with a renewed sense of enthusiasm and optimism for the future of the Nepali tech industry. As OTW and TGND move forward with their collaborative initiatives, the Nepali tech ecosystem stands on the brink of transformative growth, driven by shared vision and collective efforts.