Sastodeal receives an additional USD 1 million capital injection from Dolma Impact Fund; also in the process of bringing a foreign strategic partner

Thu, Jun 18, 2020 7:22 AM on Corporate, Latest,

Dolma Impact Fund has agreed to inject an additional USD 1 million in the e-commerce platform sastodeal.com.

The investment company will be injecting the fund to achieve the company’s milestone to reach Rs 1 Arba worth profit within the next 18 months, as per the statement.

Sastodeal has stated that the fund injection would help to enhance its distribution network both inside and outside Kathmandu valley. The company also stated that it is in the process of bringing a foreign strategic partner as the earliest so that the e-commerce scene in Nepal will see exponential growth.