Kratikal Tech lists on BSE SME as first Nepali-founded company on the exchange

What's the deal? KratikalDealroom has a profile for this one. Try Dealroom →, a Noida, India-based cybersecurity company co-founded by Nepali entrepreneur Deepjung Thapa, has listed on the BSE SME platform, raising roughly ₹40 crore (~$4.8M) via the IPO. Shares debuted at ₹192 after being priced at ₹135, following a subscription that reached more than 200 times the offer.

Why it matters: The listing marks the first time a Nepali-founded company has gone public on the Bombay Stock Exchange, a milestone for Nepal's startup ecosystem and a sign of growing cross-border entrepreneurship in South Asia's tech sector.

The signal: Kratikal plans to use the proceeds to fund global expansion, product development, and sales and marketing for its UAE and US subsidiaries as it scales its AI-driven cybersecurity platform.

Read more: Veloxx Media