Unelma Platforms Raises USD 9.74 Million

Chitwan, Nepal, May 19, 2017 --(PR.com)-- Chitwan-based software development company closed a USD 9.74 million seed financing round.

Unelma platforms announced that has successfully closed a seed financing round raising USD 9.74 million. The seed round was led by private investment and the personal investment of current chairman of the board of Unelma Platforms, Dr Santosh Kalwar.

Unelma platforms will use the funds to launch new technologies and will aim to "empower people" in Nepal and around the globe.

Unelma platforms will use the funding to accelerate development of its platform products for 2017-2020 fiscal year, recruit additional engineering talent, and drive its sales and marketing efforts to meet demand for the company's strategy and also expand the datacenter resource activity.

It has already started to gain momentum by launching series of competing and innovating software products in Nepalese market, and it will continue to do so in the future.

Unelma P. has launched series of "Nepal's first" software products in the market. Unelma P. introduced, a social networking site for Nepalese communities called "SocialNepal" way back in 2015, similarly, in recent times it has launched "UnelmaCloud," a cloud platform for storing files in partnership with Amazon and "Userly.org" which generates powerful analytics and provides API for various types of sites. It has also launched Chitwan's first job portal, called "JobsWayIn" which does matchmaking for potential job seekers and job providers.

In the annual company meeting, CEO Dr Santosh Kalwar expressed delight humbly to invest in the company in the hopes to empower people from Nepal and also extended his greetings to the Unelma team who are a bunch of all hippies that work tirelessly and together towards the core mission of the company.